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Report: Iran circumvents sanctions using the gate of Iraq and America is looking for alternatives

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Report: Iran circumvents sanctions using the gate of Iraq and America is looking for alternatives

Post by RamblerNash on Sat Nov 24, 2018 10:53 am

Report: Iran circumvents sanctions using the gate of Iraq and America is looking for alternatives

Twilight News

32 minutes ago

As part of its efforts to close a backdoor through which Tehran can take sanctions, the United States is working to provide alternatives to Iraq to urge it to give up the gas it receives from Iran.

The United States is seeking to hit two birds with one stone. On the one hand, it wants to cut a path through which Iran can circumvent US sanctions and, on the other hand, influence Tehran's influence inside Iraq.

The United States is pressing Iraq to cut its energy ties with Iran, and US companies and their allies in the region are encouraging the development of practical alternatives to cut off trade between Baghdad and Tehran.

Iraq relies on Iran to import natural gas, which generates up to 45 percent of its electricity.

Washington gave Baghdad 45 days, exempt from Iranian sanctions, at a time when it hoped Iraq would seriously move to find alternatives, as expressed by US special envoy to Iran Brian Hawk.

To this end, US energy companies are stepping up their bids for Iraq to meet their energy needs, as a substitute for Iranian gas.

Last week, a US firm offered a proposal to Baghdad to build a floating liquefied natural gas facility. Earlier this year, Iraq signed an agreement with US energy company Orion Ltd. to process natural gas extracted from the Ben- , And the Iraqi Ministry of Energy signed contracts with the company "General Electric" and the US "Siemens" German.

All these attempts collide with the Iraqi parliament's freezing of decisions of the caretaker government, including those related to contracts with international companies, especially contracts to develop electricity production in the country.

Gas for food

Tehran has tried hard to circumvent the second round of US sanctions, as Iranian politicians try to use Iraq as a gateway to ease the sanctions and save their economy from collapse.

The Iranians are taking advantage of their influence on some Iraqi blocs and politicians to pass their plans, and escape the specter of sanctions, which oppresses them, and threatens a revolution in the Iranian street.

Tehran is seeking to push Iraq to demand an agreement that allows it to export gas to Baghdad for food, which could make it exploit this by further circumventing sanctions to save its faltering economy and currency, which lost about 70 percent of its value this year.


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