Iraq to exchange food for Iranian gas, seeks US approval

Iraq to exchange food for Iranian gas, seeks US approval
Iraq recently appointed a new oil minister, Thamir Ghadhban, as new a round of sanctions hit Iran. (AP)
Updated 14 November 2018
Follow

Iraq to exchange food for Iranian gas, seeks US approval

Iraq to exchange food for Iranian gas, seeks US approval
  • Baghdad is now seeking US approval to allow it to import Iranian gas which is used in its power stations
  • Washington granted Iraq a waiver to be able to import Iranian gas and energy supplies as well as food items when US sanctions were restored against Iran’s oil sector last week

BAGHDAD: Iraq has agreed with Iran to exchange Iraqi food items for Iranian gas and energy supplies, two Iraqi government officials said on Wednesday.
Baghdad is now seeking US approval to allow it to import Iranian gas which is used in its power stations, and needs more time to find an alternative source, they said. The sources are a senior government official and a member of Iraq’s ministerial energy committee.
Washington granted Iraq a waiver to be able to import Iranian gas and energy supplies as well as food items when US sanctions were restored against Iran’s oil sector last week. But the United States has said the exemption will last only 45 days.