Natural Gas Exports to Iraq on Downward Slope: NIGC

The National Iranian Gas Company has reduced natural gas exports to Iraq by 15% in the last two weeks, the head of NIGC’s Dispatching Department said.
“The reduction in gas exports has nothing to do with Iraq’s unsettled debts to NIGC,” Mohammad Reza Joulaei was also quoted as saying by ISNA.
Although Iraq’s debt to NIGC has surpassed $5 billion, the recent export cut that is supposed to continue for six months is based on the terms of an agreement signed with the Arab neighbor in 2020, he added.