Due to the reduction of Iran's gas exports to Iraq from 52 million cubic meters per day to 8 mcm/d in recent months, the neighboring country’s electricity generation has decreased by 3,400 megawatts, a member of the board of the Iran-Iraq Chamber of Commerce said.
“Even if we were to deliver the same volume of gas to Iraq as before, the total power production of the Arab nation will be less than 15,000 MW while Iraq needs at least 20,000 MW of electricity,” Hamid Hosseini was also quoted as saying by ILNA.
The National Iranian Gas Company’s decline in gas exports is based on the terms of an agreement signed with the Arab neighbor in 2020.