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FinancialNews


  • 07-01-21

    Iraq signs two separate deals for importing electricity, gas from Iran

    (MENAFN)According to IRIB, Iraq owes Iran the money for less than two months of electricity imports and the rest have been settled, declared Iranian Energy Minister Reza Ardakanian on Wednesday.

    Iraq has signed two separate agreements for importing electricity and gas from Iran and as of Wednesday, January 6, related the electricity export deal the country owes Iran less than two months of dues, , Ardakanian further said on the sidelines of the launching ceremony of some energy projects in the 35th week of the ministry’s A-B-Iran program.

    Ardakanian added that “During all the years since 2004 when we have been exporting electricity to this country, the dues have been received directly or have been paid to our private sector contractors, so Iraq does not owe us much in the electricity sector."

    He will continue following up the updates on the issue on a daily basis until all the debts are fully paid.

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