[Published here July 2, 2019]
Baghdad (AFP) – Iraq is establishing a financial “loophole” to continue buying vital gas and electricity from Iran despite US sanctions, AFP has learned, mirroring a European mechanism that came into effect Friday.
gas
US energy chief in Baghdad as sanctions waiver runs out | AFP
[Published here December 11, 2018]
Baghdad (AFP) – US Energy Secretary Rick Perry said Tuesday Iraq should partner with American companies to become energy independent, as Baghdad’s waiver from US sanctions on Iran nears its expiry.
Iraq seeks power revamp to head off sanctions, protests | AFP
[Published here November 28, 2018]
Iraq’s broken electricity sector is planning a long-awaited overhaul to both meet US pressure to halt Iranian power imports and head off summertime protests over chronic cuts.
Iraq gets US sanctions break to keep the lights on | AFP
[Written with my colleague Ammar Karim and published here on November 8, 2018]
Iraq has won an exemption allowing it to buy Iranian electricity despite US sanctions, as the country plagued by chronic power shortages walks a tightrope between rivals Washington and Tehran.
With US measures imposed Monday taking aim at Iran’s banking and energy industries, there were concerns Iraq — which heavily relies on its eastern neighbour for electricity and consumer goods — would be caught in the crossfire.
