...

Iran warns Iraq over delayed gas debts

Business Materials 10 October 2016 18:05 (UTC +04:00)

Baku, Azerbaijan, Oct. 10

By Khalid Kazimov – Trend:

A senior Iranian oil official has urged Iraq to pay off its outstanding debts over constructing a joint gas pipeline with the Islamic Republic.

Ali Kardor, an Iranian deputy oil minister, has said if Baghdad fails to settle its outstanding debts, Tehran will not deliver gas to Iraq, Mehr news agency reported.

He further added that Iran is prepared to supply its gas to the neighboring country.

Under an existing contract, Iran is expected to export 25 million cubic meters (mcm) of gas to Iraq per day.

The two neighboring countries also have agreed on a deal for exporting 25 mcm of gas to Iraq’s Basra. However, no pipelines have been laid so far for exporting gas to Basra City.

Tags:
Latest

Latest