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Iraq
Iraq has fully paid off all Iran gas debts: Officials
2023-06-27
[Rudaw] Iraq has completely paid off all the money it owes to Iran
...a theocratic Shiite state divided among the Medes, the Persians, and the (Arab) Elamites. Formerly a fairly civilized nation ruled by a Shah, it became a victim of Islamic revolution in 1979. The nation is today noted for spontaneously taking over other countries' embassies, maintaining whorehouses run by clergymen, involvement in international drug trafficking, and financing sock puppet militias to extend the regime's influence. The word Iran is a cognate form of Aryan. The abbreviation IRGC is the same idea as Stürmabteilung (or SA). The term Supreme Guide is a the modern version form of either Duce or Führer or maybe both. They hate Jews Zionists Jews. Their economy is based on the production of oil and vitriol...
for gas imports throughout the years, announced officials on both sides on Sunday, as Baghdad seeks to reduce its over-reliance on Iranian natural gas for power.

Ahmed Mousa, spokesperson for the Iraqi electricity ministry, told Iraqi state media that the ministry has paid off all its debts for gas imports from Iran, adding that the money has been deposited in a trust fund at the Trade Bank of Iraq (TBI).

"The Iraqi Ministry of Electricity has paid all its gas arrears to Iran and this debt is now zero. But sometimes there are problems to transfer money from TBI Bank to Iran," Iranian state media cited Deputy Oil Minister Majid Chegeni as saying.

Iraq’s electrical grid has for years been dependent on gas imports from Iran to run its power generation plants. Earlier this month, Iraq released $2.7 billion of frozen Iranian assets to go towards the gas and electricity debt Baghdad owes to Tehran.

Despite its large oil and gas reserves, Iraq suffers from chronic electricity shortages, especially felt when summer temperatures reach over 50 degrees Celsius.

Iraq’s Prime Minister Mohammed Shia’ al-Sudani has repeatedly described improving the country’s energy sector as one of the main priorities of his cabinet, stating on multiple occasions that Baghdad seeks to achieve self-sufficiency in gas and end the import of the natural resource within the next five years.

The Iraqi premier on Sunday inaugurated the first phase of projects to develop and raise the efficiency of operating gas units in eight power stations across the country.

The project, which installs systems to cool down the air entering gas generators, seeks to compensate 797 megawatts of electric power units lost due to the summer heat, according to a statement from Sudani’s office.

Sudani in January signed a memorandum of understanding with the German energy giant Siemens to increase Iraq’s energy production, reduce waste, and maintain energy stability. The contract with Siemens will save Iraq 30 percent of maintenance costs.

Iraq and Soddy Arabia
...a kingdom taking up the bulk of the Arabian peninsula. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual hajj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. When the oil runs out the rest of the world is going to kick sand in the Soddy national face...
signed an electricity interconnection agreement last year, which will see Baghdad linking its electric power grid with the Gulf, implementing a memorandum of understanding signed between the two countries earlier the same year.
Posted by:trailing wife

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