Tehran calls on Baghdad to speed up debt repayment

Economy News _ Baghdad

Tehran has demanded that the Iraqi government accelerate the payment of electricity debts, which exceeded one billion dollars to Tehran.

"The Iraqi authorities should speed up the payment of electricity debts to Iran, which exceeded one billion US dollars," IRNA quoted deputy minister of energy and general coordinator of Tawanir Mahmoud Reza Hakki Fam as saying.

Iraq buys about 1,000 megawatts from Iran via two lines in Diyala north and another in Basra and a fourth in the southern city of Amara.

Electricity cuts have been frequent in Iraq despite being a major oil producer in OPEC, at a time when the national system was unable to provide the required energy in times of extreme heat, especially in the central and southern regions of the country.


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