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An Iranian minister in Baghdad to demand Iraq to pay debts of 850 million dollars


yota691
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History of edits:: 01.03.2017 9:14 • 136 visits readable
Iran, Iraq to negotiate a new contract for electricity and debt settlement
[Oan- up] 
announced CEO [Tawanar] of the Ministry of Energy of Iran, to stop exporting electricity to Iraq was due to end of the legal duration of the contract and that the company sent a team to Baghdad to discuss a new contract.
He pointed arches Kurds in a press statement, that the contract to export electricity to Iraq has lapsed, while requiring a contract extension to make updates and drafting new amendments and additions. 
He added that the drafting of the new contract should take into account the immediate circumstances and the changing exchange rate and the rest of the core issues. 
And the Executive Director for Tawanar, the company notified the Iraqi side since the period of the imminent expiration of the contract for the supply of electricity and the need to update it , pointing out that he was dispatching aides managers of the company and the rest of the institutions concerned to Iraq in order to discuss this issue. 
In response to a query about that one reason to stop exporting electricity back to overcome Iraq 's debt and one billion dollars level, declined Kurds to speak in detail, but emphasized that sustained cooperation with the Iraqi side and that the Iranian delegation will discuss the subject of payments with Baghdad mechanism, stressing that the process stop supply came after the expiry of the legal period of the contract. 
And about the possibility of raising the size of the export of electricity to Iraq, among Kurds that the electricity network in Iraq does not absorb the increase as well as the inability to raise export Iran in the summer season on the background of the need to bridge the internal needs. 
He pointed out that the size of the export of electricity to Iraq changes depending on the week, but the average is between 700 - 1000 MW. 
The Executive Director expressed the hope that the export process will resume in less than a month. 
It is noteworthy that Iran halted electricity exports to Iraq starting Monday.

 

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The scary scenario for me is Obama is using his assets in Iran to leverage the Iraqis to revalue now before Obama leaves office so Obama can disperse the new wealth into US and free world subversive hands.  If this is the case, I can wait for the post Trump inauguration celebration!

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***/// Yuh... soon ho'bummer won't have our US Tax dollars to fund his terrorists anymore....<_<

Now that gorged soros ain't trying to buy elections here for the time being, mabe he'll toss some his way...

 

Naw... ho'bummer's evil cabal masters would rather suck a big chunk of money out of an Iraq RV.....

they're super greedy that way.... US, we just want our basic costs back for sacrificing so much for Iraq.

That bill is way Past Due, Iraq.

 

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On 1/2/2017 at 7:27 AM, SgtFuryUSCZ said:

***/// 

See, this is what we're sayin'... 

Iran acts like they're su-u-uch great pals of Iraq, sending in their "Generals" to "help" and all dontcha know..<_<

 

Yuh, sure... and the minute they need a little juice -- which should be FREE on accounta ALL THOSE PEACEFUL

NUCLEAR FACILITIES generating all that 'power'... <_< 'cause Iran says it ain't for bombs, ho'bummer told US so....<_<

 

Just a way to get their grubby little hands on yet billions MORE USD...<_< 

Well, ho'bummer on the way out the door so now Iran be like - "how we gonna git MORE USD now if ho'bummer ain't there

to launder more USD billions thru Iraq to his terror-supporting pals in Iran under the pretext of helpin' with their electric bills...?"<_<

 

THESEUS wise 'ol Owl.... evil maliki tool for ho'bummer called on carpet to 'splain --- Iran be like "show me da' money !"

 

.

Actually, I saw it as another way for Maliki to get his fat behind back into the Iraqi Prez position. This is more fortuitous to power grabbing than anything. Iran knows they are about RV and the debt can and will be paid. However, them not paying is against the arrangement set forth last June with the IMF. They (Iraq) must pay and not in arrears. Maliki can then point to this and say "what terrible person Abadi is , now you should put me back in and I will clean all of this up!"

OR

Maliki can use this as a "see I negotiated for Iraq, I have Iraq's best interest at heart with Iran"

Edited by Theseus
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15 hours ago, yota691 said:

He added that the drafting of the new contract should take into account the immediate circumstances and the changing exchange rate and the rest of the core issues

Yota Thanks,  DV, A few question in regards to this issue.

1.  What exchange rate are they referring to 1166, 1182 or Real True Value not yet revealed?   Depends on when they done the original contract and what rate was used from the list above or the new rate to be used. 

2.  Why go to the extreme of cutting  electric until new contract is completed which will include a undervalued 1166 / 1182?    1 Billion owed is a lot of money but why immediate circumstances and the changing exchange rate matter unless we are talking about an substantial RV / RI of the IQD in the near term.  I do not see the Iranians going through all of this just to go from a possible 1166 to 1182 rate for a new contract IMHO.    Of course, It is possible they let the cat out of the bag accidentally but maybe intentionally....Who knows...:D:D

**In the days ahead we pray all will be revealed!!

Just my 2 cents!!

 

Always keeping the faith!!

GO RV!!

 

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For the third day in a row .. Iran blackmailed Iraq (Details)

04-01-2017 02:43 PM
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East News -

 

 

The third consecutive day of darkness continues in more than 20 southern and central Iraqi city, after cutting Iran supplying five electricity to Iraq lines due to non-payment of Baghdad imported electricity dues from there, while officials in the government asserts, that there is a financially corrupt political agendas behind the continuing situation Iraq captivated the Iranian electricity.

 
A source said in a press statement, said that more than 20 cities in Basra, Wasit, architecture, Dhi Qar, Babylon, as well as the capital affected by the cut off Iran's power, where energy-processing rates for homes dropped from 12 hours a day to less than 5 hours in those cities.

 
He described Iran cut electricity without warning or reject a proposed installment debt of $ billion, the amount of the payments that, 'fear of Tehran or her dependency'.


Iraq imports more than 1,200 megawatts of electricity per day across five lines, the proportion accounted for less than 5% of what Iraq needs a day to provide its citizens with electricity, where Iraq needs per day to 28 thousand MW.


Iraq imports electricity from Turkey and also generate electricity ships anchored in the waters of the Arabian Gulf near Basra, Baghdad time, which failed to provide electricity for its citizens in spite of spending $ 41 billion over the past ten years for such purpose.


He added, Baghdad, on Tuesday began negotiations with Iran in order to resume power it temporarily until agreement on a new pay formula, but the officials in the Ministry of Electricity Iran refused and demanded to settle the full overdue debt and sign a new contract to buy electricity at high prices.


However Iran stop providing electricity to Iraq, once again opening the electricity file corruption in the country.

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He added that the drafting of the new contract should take into account the immediate circumstances and the changing exchange rate and the rest of the core issues.....

He added, Baghdad, on Tuesday began negotiations with Iran in order to resume power it temporarily until agreement on a new pay formula, but the officials in the Ministry of Electricity Iran refused and demanded to settle the full overdue debt and sign a new contract to buy electricity at high prices............................Whos exchange rate ??? Iraq's or Iran's ???

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  • 1 month later...
12-02-2017 04:22 PM
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A spokesman for the Ministry of Electricity Musab teacher, conducted by the ministry for talks on Iran 's power lines (which are four lines , including the line of Khorramshahr - Bozrah) which resulted in an agreement for the return of those lines, indicating that it may enter service soon. 

He said the teacher 'had been reached agreement on a formula for the return of those lines with the Iranian side after the expiration of their contracts in the light of talks has on its debts and how repaid by the Iraqi government. 

As regards the Turkish barges for power generation, the teacher said the ministry does not see the need to re - contracting with them , especially as they provide these barges do not exceed the 400 megawatts which can be dispensed with in any way. 

And interruptions in the power supply and reduced hours of processing in Basra between the teacher that there are loads of electrical energy lost up to 78% of energy production, and if it has control over these Aldhaiat there will be a surplus in the production of electrical power, he said. 

He attributed the large number of teacher hours to cutting maintenance operations carried out by the cadres of the Ministry of Electricity, explaining that maintenance operations will end in the coming weeks. 

He announced the first deputy governor of Basra , Mohammed Taher al - Tamimi in the February 9, 2017 for the loss of the province in 1000 MW of electric power system in what was considered the summer 2017 season will be harsh on the people due to lack of supply citizens with electricity. 

It is said that Iraq , in order to bridge the shortfall in electric power generation, contracted during the past years with Iran to import electricity across four lines are (Khrmchehr- Bozrah, Krkhh - Building, Mirsad - Diyala and Serpil Zahab - Khanaqin) with saw that last year 's lines he stopped the service due to non - payment of financial dues to be returned to service later in the light of an agreement reached between the two sides, while stopped again recently following the accumulation of debt.
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16-02-2017 01:25 PM
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Electricity Commission in the Basra Governorate Council announced Thursday that a deal between the representatives of the Iraqi Ministry of Electricity and their counterparts in the Ministry of Energy of Iran to reconsider maintaining processing power by 400 megawatts from the beginning of next week in preparation for the summer of 2017. 

Committee Chairman Mujibur al - Hassani , in astatement , 'The barges out of the Turkish and Iranian line and station Hartha investment during thelast period did not affect the reality of production in the province, and that is because of the current cutting programming system in which they operate and the Ministry of Electricity. 

He also pointed to the existence of negotiations to increase the carrying Iranian line to 700 megawatts to increase power in Basra province and replace lost energy. 

He announced the first deputy governor of Basra , Mohammed Taher al - Tamimi in the February 9 this for the loss of the province in 1000 MW of electric power system in what was considered the summer 2017 season will be harsh on the people due to lack of supply citizens with electricity.

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Iran resumes exporting electricity to Iraq after it collects on more of those billion dollars

 
 
Iran resumes exporting electricity to Iraq after it collects on more of those billion dollars

 

    
 
 2 hours ago
 

 

Twilight News / Iranian Energy Minister Assistant in electricity affairs Houshang Flaanaan announced the signing of a new agreement to export electricity to Iraq during the current year , as Iraq has pledged to pay part of the dues amounting to one billion and 200 million dollars in this regard. 
Houshang Flaanaan said, in a statement to Persia, that the negotiations between the two sides on the resumption of the export of electricity to Iraq and the payment of entitlements, yielded good results following the visit of the Iraqi delegation to Iran.  
He added that the export of electricity to Iraq agreement has been extended to 2017 , where negotiations resulted from the Iraqi side promised to pay off the side of the entitlements ($ 350 million) to resume the export of electricity has hit an important part of them. 
The Iranian electricity exports to Iraq have been stalled due to the expiration of the previous agreement and the non - payment of debts to Iraq in this regard.

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  • 4 weeks later...
History of edits:: 14.03.2017 12:23 • 75 visits readable
Iran resumes today exporting electricity to Iraq after the cessation of the accumulation of debt
[Oan- Baghdad] 
resume Iran, on Tuesday, the export of electricity to Iraq after a break of two months.
Said Minister of Electricity, Qassim al - Fahdawi, his office said in a statement received by all of Iraq [where] a copy of it, " the Iranian side will today restart the power lines to work after a break of more than two months , stopped due to the accumulation of debt." 
He said the "operation of these lines will add 1300 MW to the national grid." 
Electricity Minister did not say if what has to pay the accumulated debts of Iraq to Iran to export electricity Astnavha.
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Iraq, March 16, 2017 

Iran resumed today exporting electric power to Iraq after it had been halted for more than two months, the Iraqi Ministry of Electricity revealed in a statement on Tuesday.

The halt was said to have been resulted from Baghdad’s accumulated debts to the Iranian government.

“The Iranian side will restart power lines to work after a hiatus of more than two months because of the accumulation of debt,” the ministry statement said.

The statement added that the operation of these lines will add 1300 megawatts to the national grid.

Last January, Iran halted electricity supplies, represented in five power lines, to Iraq because of the outstanding arrears, which have piled up to reach $1 billion.

In July 2016, Iran partially halted electricity supplies coming through the power lines of “Khrmchehr- Bozrah” and “Krkhh – Building”, which provide Iraq 800 megawatts of electric power. The two lines’ services were resumed after the government in Baghdad paid $350 million as part of its debt for power imports.

The Islamic Republic supplies Iraq with about 1,500-2,000 megawatts of electricity under an agreement between the two countries in 2005.

An official source at the ministry to Anadolu Agency that the resumption of electric power supplies to Iraq came after a recent visit by an Iraqi official delegation to Tehran, during which the two countries agreed on repaying the debts in three instalments. According to the source, the contract to sell power to Iraq was renewed until the end of 2017.

The source, who preferred anonymity, explained that the power supplies halt had directly affected the Diyala, Wasit, and Basra provinces.

Most of the Iraqi provinces suffer power cuts for long periods, especially during the cold weather as Iraqis predominately rely on electrical heaters.

 

middleeastmonitor

http://iraqdailyjournal.com/story-z14962567

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  • 1 month later...

Minister: Iran Resumes Exporting Electricity to Iraq

TEHRAN (FNA)- Iran started exporting electricity to Iraq after the Baghdad government agreed to pay its arrears in different installments, a senior energy official announced.

"Iran's export of electricity to Iraq stands at about 1,500 megawatts and the figure will fluctuate in different seasons as a result of change in temperature," Iranian Energy Minister Hamid Chitchian told reporters.

The Iranian energy minister reiterated that the export of electricity to Iraq was halted in late December 2016 immediately after termination of their contract with the Islamic Republic of Iran.

In relevant remarks in early January, Managing Director of Tavanir Electricity Generation, Transmission, and Distribution Company Arash Kordi announced that an Iranian delegation was in Baghdad to renew the contract on Iran's electricity sales to that country.

"The electricity exports were brought to a halt due to the expiry of the contract and the resumption of the process would require a new amendment to the contract," Kordi told reporters.

He reiterated that the new agreement needs to be modified in accordance with the current circumstances and the changes in currency prices among other major issues.

Asked about the possibility of an uplift in the volume of electricity exports to Iraq, Kordi said that general conditions had been laid in that regard though the issue would become clear once negotiations become finalized.”

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  • 2 weeks later...

Iraq Makes $300 Million Payment Towards Its Debt to Iran

 
 

 Shoguna B. Sobir

 20/05/2017 - 16:55

 
 
Iraq Makes $300 Million Payment Towards Its Debt to Iran
 

 

ERBIL — Iraq has made its first debt payment of $300 million out of the total of $1.1 billion it owes to Iran, said Iran’s Deputy Energy Minister Houshang Falahatian, as reported by Oil Price.

Under the power-export agreement that was signed between the two countries, Iran had been exporting 1.500 MW of electricity to Iraq with plans to increase it to 2,000 MW. However, after Iraq failed to meet its financial obligations for about two years, in 2017 the supply was cut off for about two months, thereafter resuming in March.

The two countries have also been discussing the joint development of oil and gas fields along the Iranian-Iraqi border.

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