{"id":224963,"date":"2026-07-27T16:06:08","date_gmt":"2026-07-27T16:06:08","guid":{"rendered":"https:\/\/www.europesays.com\/iran\/224963\/"},"modified":"2026-07-27T16:06:08","modified_gmt":"2026-07-27T16:06:08","slug":"iraq-and-us-agree-on-goods-based-payments-for-iran-gas-debt-shafaq-news","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/iran\/224963\/","title":{"rendered":"Iraq and US agree on goods-based payments for Iran gas debt &#8211; Shafaq News"},"content":{"rendered":"<p>\n                            2026-07-27T15:43:06+00:00<\/p>\n<p>                                    font<\/p>\n<p>                                            Enable Reading Mode<\/p>\n<p>\n                                        A-<br \/>\n                                        A<br \/>\n                                        A+\n                                    <\/p>\n<p>Shafaq News- Baghdad<\/p>\n<p>Iraq and the United States have reached an agreement<br \/>\nallowing Baghdad to settle Iran&#8217;s outstanding payments for gas imports through<br \/>\nthe supply of goods, including food and medicine, instead of cash transfers, a<br \/>\nmember of the Iraqi Parliament&#8217;s Electricity and Energy Committee said on<br \/>\nMonday.<\/p>\n<p>Riyadh Uday told Shafaq News that Iran is seeking about $11<br \/>\nbillion in unpaid dues from Iraq, adding that a part of the amount is currently<br \/>\nheld at the Trade Bank of Iraq (TBI) but cannot be transferred because of US<br \/>\nsanctions imposed on Iran.<\/p>\n<p>&#8220;There are ongoing discussions between the Iraqi and<br \/>\nIranian delegations to resolve the issue of these funds and resume the supply<br \/>\nof Iranian gas to Iraq&#8217;s power plants.&#8221; <\/p>\n<p>Last Thursday, Iranian Central Bank Governor Abd al-Naser<br \/>\nHemmati disclosed the <a href=\"https:\/\/shafaq.com\/en\/World\/Iran-seeks-access-to-11B-in-energy-funds-in-Iraq\" target=\"_blank\" rel=\"nofollow noopener\">value<\/a> of Iran&#8217;s outstanding claims against Iraq for<br \/>\nexports of natural gas and electricity, noting that the issue was a key topic<br \/>\nduring talks with Iraqi Central Bank Governor Nizar Nasser Hussein on the<br \/>\nsidelines of Iraqi Prime Minister Ali Falih Al-Zaidi&#8217;s visit to Tehran.<\/p>\n<p>\u201cThe Central Bank of Iran holds about $7 billion deposited<br \/>\nin Iraq, in addition to more than $3 billion owed to Iran&#8217;s Oil Ministry,<br \/>\nbringing the total amount owed by the Iraqi government and Iraqi banks to<br \/>\nbetween $10 billion and $11 billion.\u201d <\/p>\n<p>Under bilateral agreements, Iraq deposits payments for<br \/>\nimported Iranian gas and electricity into accounts held at the Central Bank of<br \/>\nIraq and the Trade Bank of Iraq.<\/p>\n<p>The original contracts stipulated that gas imports would be<br \/>\npaid for in euros and electricity imports in US dollars. However, after the<br \/>\nUnited States withdrew from the 2015 nuclear agreement with Iran in 2018 and<br \/>\nreimposed sanctions, Iraq was no longer able to settle the payments in foreign<br \/>\ncurrencies. The restrictions led to the accumulation of the funds within Iraq&#8217;s<br \/>\nbanking system and limited how the money could be used.<\/p>\n","protected":false},"excerpt":{"rendered":"2026-07-27T15:43:06+00:00 font Enable Reading Mode A- A A+ Shafaq News- Baghdad Iraq and the United States have reached&hellip;\n","protected":false},"author":2,"featured_media":224964,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[14],"tags":[152,15075,34,94,64352,256],"class_list":["post-224963","post","type-post","status-publish","format-standard","has-post-thumbnail","category-iraq","tag-breaking","tag-debt","tag-iran","tag-iraq","tag-iraq-and-us-agree-on-goods-based-payments-for-iran-gas-debt","tag-usa"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/116992802000738953","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/224963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=224963"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/224963\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/224964"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=224963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=224963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=224963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}