Iraqi Deputy Prime Minister and Finance Minister Ali Abdulamir Alaui sealed an agreement with Saudi Arabia on Saturday for the kingdom to power Iraq
The Iraqi Deputy Prime Minister and Minister of Finance, Ali Abdulamir Alaui, this Saturday sealed an agreement with Saudi Arabia for the kingdom to provide energy to Iraq, which will stop importing electricity and gas from Iran in application of US sanctions against Tehran.
Alaui, which also acts as oil minister acting, he made a visit to Saudi Arabia, where he met with the energy minister, Prince Abdelaziz bin Salman, with whom he agreed to activate the electrical connection between Saudi Arabia and Iraq so that the latter receives power from the kingdom.
In addition, they agreed “the investment and participation to finance projects for the production, transport and distribution of energy in Iraq,” he explained. Alaui through your Twitter account.
As part of these projects, Saudi companies will invest in the gas field of Okaz, located in western Iraq, near the border with Syria and one of the largest in the country, starting early next year, the Iraqi minister added.
In addition to the energy pacts with Saudi Arabia, Alaui welcomed the kingdom’s intention to send an ambassador to Baghdad “as soon as possible”, after his absence since 2017.
Relations between the two have been strained for decades and Saudi Arabia only reopened in January 2016 its embassy in Baghdad, which had remained closed since Iraq invaded Kuwait in 1990.
The visit to Alaui Riad marks an approach to the Sunni axis of the new Iraqi government headed by Mustafa al Kazemi, which took office in early May.
Proof of this is Alaui’s announcement that his government will comply with the sanctions of United States against Iran and it will stop importing electricity and gas from this country, although it did not specify from what date.
Iraq currently has a 120-day permit to import energy from Iran, granted by Washington so that these sanctions do not affect its ally, Iraq.
Baghdad always maintains a delicate balance between its two main partners, Iran and the United States, although tensions between the two erupted on Iraqi soil earlier in the year with the assassination of Iranian commander Qasem Sulimani in a US attack.
With information from EFE