Baghdad agrees with Tehran to reschedule its debts…and soon to return all Iranian gas releases

political| 11:53 – 04/06/2021


Baghdad – Mawazine News:
The Ministry of Electricity announced, on Friday, the agreement to reschedule the debts and the imminent return of all Iranian gas releases.
The ministry’s spokesman, Ahmed Moussa, said, according to the official agency, that “there are debts and dues payable to the Iranian side,” noting that “it was agreed during the meeting of the Ministers of Electricity and Finance and the Director General of the Commercial Bank of Iraq (TBI) to reschedule the debts in order to resume gas emissions. Iran in the coming days.
He pointed out that “in the event that Iranian gas is resumed, its production will reach about 22,000 megawatts of electricity,” noting that “the increase in production will be reflected in an increase in the number of hours of providing citizens with electricity.”
Moussa added that “gas releases from the Iranian side are still declining by 20 million cubic meters out of the 70 million cubic meters needed by the Ministry of Electricity in the summer.” Ended 29/A43

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