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Iran continues gas and electircity exports to Iraq - official

Oil&Gas Materials 14 March 2022 20:29 (UTC +04:00)
Iran continues gas and electircity exports to Iraq - official

TEHRAN, Iran, Mar.14

Trend:

Iran's gas and electricity export to Iraq is ongoing without problem, said the head of Iran-Iraq Joint Chamber of Commerce Yahya Al-Eshaq, Trend reports citing ILNA.

"Iraq has promised to pay all its debts the long delay is due to current circumstances. Iran's private sector has no problem in receiving export revenues," he said.

Iran has proposed different solutions to Iraq to release its blocked assets and some of the solutions were implemented.

"We have received part of our payment in different forms including cash and barter. Iran is pleased with the process of releasing its blocked money in Iraq," Al-Eshaq noted.

According to the official, Iran's non-oil export to Iraq will reach $9 billion by the end of the current Iranian year (started March 21, 2021).

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