KTFA (Samson)

Samson: Iraqi-Iranian agreement on debts

11th January, 2019

Iraqi and Iranian officials held talks today to lay down the mechanism of paying the Iraqi debts for importing Iranian electricity and gas.

In a statement by the Iraq finance ministry, both sides discussed the best means to pay the Iranian debts through forming a joint committee to discuss this matter.

Iraq imports more than 1000 M/W of electricity from Iran to cover the shortages in electricity production, as well importing gas for operating its energy stations.

The Iraqi debts for importing Iranian electricity and gas reached over one billion dollars, official statements said.   LINK