Iraq, Iran advance toward resolving disputes over gas export levels
Following a meeting with Iraqi Electricity Minister Ziyad Ali Fadel in Tehran, Paknejad stated that the two sides struck an agreement on the volume of gas shipments to Iraq.
Paknejad explained that he discussed with Fadel the volumes of Iranian gas exports to Iraq and that an agreement has been reached, according to a statement released by the Iranian Oil Ministry and cited by local media.
The discussions yielded constructive results both in terms of the volumes of Iran's gas exports to Iraq and the outstanding payments, according to Paknejad.
Under an agreement signed between the two countries, Iran supplies Iraq with 55 million cubic meters of gas to operate power plants.
Iranian gas supplies to Iraq have fallen since May, forcing several power plants in Iraq to shut down or lower operational hours, according to the Iraqi Ministry of Electricity.
Since June 2013, Iran has supplied natural gas to Iraq through contracts, notably to power plants in Baghdad and Basra.
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