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Iran Sees No Hurdles to Iraq Power Exports, Payments

Iran Sees No Hurdles to Iraq Power Exports, Payments Iran Sees No Hurdles to Iraq Power Exports, Payments

Energy Minister Reza Ardakanian says the electricity export bill to Iraq over the past 15 years amounts to $6 billion. 
"The neighboring country has paid $5 billion of and the rest is being cleared as per a memorandum of understanding signed between the two sides," he said.
In recent months there have been unconfirmed reports about differences over the remaining one billion dollars and Baghdad’s inability to pay. Without referring to the rumors and reports, Ardakanian went on to say "there is no such thing as free electricity export".

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