INSUBCONTINENT EXCLUSIVE:
TEHRAN- The chairman of Iran-Iraq Joint Chamber of Commerce said that Iraq tries to increase import of gas from Iran.Yahya Al-e Es'haq made
world, he considered the export of gas to Iraq very advantageous for both countries from the economic point of view and the short
transportation distance.Back in mid-June, Iranian Oil Minister Javad Oji had announced that Iran has received $1.6 billion from Iraq to
settle part of the debts it has sought from its neighbor since 2020 for the supply of gas."Fortunately, with active energy diplomacy and
time.Given Iraq's need for natural gas for consumption in power plants, negotiations on importing Iranian gas were started in late 2010
while a contract for gas sales to Baghdad was sealed in June 2013.The two countries also inked the agreement for the deployment of natural
gas to Basra in October 2015, but the exports were halted due to payment issues.Later on, the Iraqi government approved a deal in late 2017
to import gas from Iran to the eastern border province of Diyala, increasing purchases of the Iranian fuel, which were resumed in June 2017
import from Iran the coming years.MA/MA
