Iraq enters into two-year extended agreement to import electricity from Iran

Iran will continue to export electricity to Iraq.

The Ministry of Electricity said that Iraq has signed a two-year contract to extend the import of electricity from its neighbouring country, Iran.

In a statement released on June 5, Ahmed al-Abadi, Spokesman of the Ministry of Electricity said that Iraq will continue to import electricity from Iran, for the remaining period of 2020 and 2021.

The agreement with Iraqi Electricity Ministry, to extend exporting electricity to Iraq, was signed by an Iranian delegation on June 3, in Baghdad, confirmed the Iranian Minister of Energy, Reza Ardakanian.

Reza Ardakanian added that Iraq has paid Iran about 400 million U.S. dollars, which is half of Iraq’s due debts to Iran, for electricity supplies.

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