US Extends Iran Sanctions Waiver for Iraq for 45 Days

Related Articles

Russia Eyes New Gas Route to China, Betting Big on Growing Demand

7 hours ago

Gazprom Cuts Gas to Austria off, just in Time for Winter

11 hours ago

European Oil Giants Commit $500 Million to Help Boost Access to Energy

2 days ago

The US has again extended a waiver allowing Iraq to import Iranian electricity and natural gas despite US sanctions. a US State Department spokesman said Wednesday.

`The US has granted a 45-day waiver to allow Iraq to pay for electricity imports from Iran.` the spokesman said in a statement.

This will be the sixth waiver the US has issued for Iraq since US sanctions on Iran energy exports snapped back in November 2018. After an initial 45-day waiver. the State Department issued two 90-day waivers in a row followed by two 120-day waivers in a row in June and then October.

Previously. the US had asked Iraq to show signs that it was reducing its imports of Iranian gas and power to meet its electricity demand. It also urged Iraq to establish contracts with US companies.