The Iraqi Minister of Electricity discusses with the Iranian ambassador reducing natural gas prices

Economy

24-12-2021, 15:10

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Baghdad - INA

Minister of Electricity Adel Karim discussed with Iranian Ambassador Iraj Masjedi gas rates and price reduction.

A statement by the ministry, received by the Iraqi News Agency (INA), stated that "the person in charge of the duties of the Minister of Electricity, Engineer Adel Karim, received in his office at the ministry's headquarters the Iranian ambassador and discussed with him ways of joint cooperation in the field of electrical energy."

The statement added that "the meeting discussed gas supplies from the Iranian side to maintain the momentum of work at production stations, and maintenance of broken transformers, as well as discussing a number of issues related to gas rates, the first is the possibility of reducing prices, and the second is the issue of fines, and that there is a contract signed between the two parties stipulating the necessity of commitment its terms."

The ambassador stressed that "the government in Iran is interested in cooperation with Iraq and we hope to overcome and solve all problems and obstacles, and it has a specific energy to pass them on to you on a commercial basis, and it does not have a large surplus, and that Iran works with Iraq with strong ties and good and great joint relations."

For his part, the minister explained that we greatly appreciate the energy situation in Iran, but there are contracts that must be adhered to, and the price equation is keen to be suitable for both parties, and that it is necessary to refer to the central government for the purpose of extending contracts and their dealings, and that there are legal consensus governing concluding contracts, and we are continuing our relations with the Iranian Islamic government in all fields, including the electricity sector.”