Iran reduces natural gas supplies to Iraq
Region
- 29 December, 2020
- 09:03
Add Report.az to preferred Google sources
Stay up to date with the top news!
Iran has reduced the amount of natural gas transported to Iraq by ten times, Report mentions, citing the Iranian media.
Iran transported 50 million cubic meters of natural gas a year to Iraq. After that, its volume was reduced to 5 million cubic meters. The reason for Iran's move is that Iraq owes the Islamic Republic $ 6 billion for natural gas.
Iranian Energy Minister Reza Ardakanian left for the Iraqi capital Baghdad on December 29. He will meet with the Prime Minister of the neighboring country Mustafa Al-Kadhimi.
Despite the sanctions, the United States has repeatedly allowed Iraq to import natural gas from Iran.
Latest News
08:30
ADB approves $302M loan for Baku Metro upgrade
Infrastructure
08:18
IMF forecasts 3.1% global economic growth in 2026
Economy
08:03
IMF expects Azerbaijan's economy to grow 2% on average in 2026-2027
Finance
07:51
IMF raises Azerbaijan's 2026-2027 current account surplus forecast
Finance
07:38
Azerbaijan says development cannot be sustained without traditional energy
Foreign policy
00:28
Ali Asadov sends congratulations to Morocco's first female head of government
Foreign policy
00:22
Azerbaijani wrestlers win two gold medals at Vladikavkaz tournament
Individual sports
23:35
Video
President Ilham Aliyev's social media accounts shared video on Cambodian Prime Minister's visit to Azerbaijan
Foreign policy
23:17
Parviz Shahbazov: Oil market stability also depends on safe energy deliveries
Energy