December 30, 2020
1 min read

Iran to resume full gas flows to Iraq

Iraqi Prime Minister Mustafa al-Kadhimi met Ardakanian, who’s leading a delegation of high-ranking Iranian officials to Baghdad, to discuss the bilateral relations and means to boost cooperation..reports Asian Lite News

Iran’s Minister of Energy Reza Ardakanian has confirmed that his country will resume full natural gas exports to Iraq after reducing the supplies due to unpaid bills, which caused an acute electricity shortage in Iraq.

In an official statement issued on Tuesday in Baghdad, Iraqi Prime Minister Mustafa al-Kadhimi met Ardakanian, who’s leading a delegation of high-ranking Iranian officials to Baghdad, to discuss the bilateral relations and means to boost cooperation, reports Xinhua news agency.

“Ardakanian conveyed the Iranian government’s pledge to urgently resume pumping Iranian gas, which was recently slashed due to technical reasons,” the statement said, without giving further details.

During his visit, Ardakanian also held meetings with Iraqi Minister of Electricity Majid Hantoush, Minister of Trade Alaa al-Jubouri and Iraqi Central Bank Governor Mustafa Mukheef.

During the meetings, the two sides discussed financial cooperation, including Iraq’s payment of dues for importing Iranian gas and electricity, the official Iraqiya TV reported.

Ardakanian’s visit aimed to settle Iraq’s energy debts to Iran, which have amounted to more than $5 billion for gas imports from Iran, in addition to $1 billion for electricity imports.

Due to the unpaid bills, Iran slashed its natural gas exports to Iraq from 50 million cubic metres to 5 million two weeks ago, causing an acute power shortage in Iraq, according to Iraqi Ministry of Electricity.

Also read:Iran warns against Israeli aggression in Gulf

Previous Story

Russia, Turkey discuss Nagorno-Karabakh peace process

Next Story

Turkey, UK ink free trade deal

Latest from -Top News

India, UK Cement Strategic Ties

Oliver Robbins met Vikram Misri in New Delhi for UK–India talks reviewing their strategic partnership….reports Asian Lite News Oliver Robbins, Permanent Under-Secretary at the UK’s Foreign, Commonwealth & Development Office (FCDO), met

India, Malaysia Stand Together on Terror

The Speaker reaffirmed Malaysia’s commitment to peace and thanked the Indian delegation for the briefing on India’s approach to dealing with terrorism at large…reports Asian Lite News An all-party Indian delegation met

Don’t Let Bailout Back Terror, Tharoor Warns IMF

Tharoor expressed his displeasure at the International Monetary Fund for enabling Pakistan thus as they divert those funds to arm themselves to attack India….reports Asian Lite News All-Party Delegation leader and Congress

India Doubles Down on BRICS at Brazil Talks

The BRICS Communications Ministers met in Brasilia under the Chair of Brazil on June 2, and conducted discussions on universal and meaningful connectivity…reports Asian Lite News India reiterated its commitment to enduring
Go toTop