2024-03-31 19:02:20
Iranian Deputy Oil Minister for Gas Affairs, Majeed Jakni, announced that Iran has exported about 52 billion cubic meters of gas worth $15 billion to Iraq since 2017 under two gas contracts with Iraq.
Jakni said, in a statement on the sidelines of signing an agreement to extend the contract to export Iranian gas to Iraq: With the expiration of the Baghdad and Basra contracts, we conducted several rounds of negotiations with the Iraqi side in Tehran and Baghdad to expand the export of Iranian gas to Iraq, and it was finally completed.
He added: Since the beginning of the contract signed in Baghdad (July 2017) and Basra (June 2018), we have exported about 52 billion cubic meters of gas worth $15 billion to Iraq.
According to IRNA, the Iraqi Minister of Electricity, Ziyad Ali Fadel, stated that under this contract we will continue to purchase gas from Iran for the next five years, and he said: Our power plants urgently need Iranian gas to produce electricity.
Fadel added: The experience of the past years has shown that Iran is a good economic partner for Iraq and has met our needs in the most difficult circumstances.
It is noteworthy that the contract to export Iranian gas to Baghdad was signed during the visit of the Deputy Minister of Oil for Iranian Gas Affairs to Baghdad at the Iraqi Ministry of Electricity, and it was extended for a period of five years.
Iraq needs 35,000 megawatts of electricity per day, which, due to the current circumstances that this country is going through, produces only 20,000 megawatts per day, and a third of this electricity is supplied with gas imported from Iran.
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2024-03-31 19:02:20