Happy Diwali - DIWALI24

Join Here

Iraq allowed by US to import Iranian gas

Published on June 18, 2019
The United States has allowed Iraq to import Iranian gas for its power grid for another three months by extending a waiver to sanctions.
Iraq allowed by US to import Iranian gas

Details:

  • However, the US insisted that Iraq finds an alternative measure for its need of electricity, including by harnessing gas energy and reducing flaring at oil production sites.
  • Iraq has had several extensions to the waiver first granted in 2018 after Washington reimposed sanctions on Tehran's oil sector forbidding countries from purchasing Iranian energy.
  • The extension was given during a phone call between Prime Minister Adel Abdul Mahdi and U.S. Secretary of State Mike Pompeo.
  • The United States continued to insist on diversifying energy imports away from Iran.
  • U.S. energy giant General Electric won a multibillion-dollar contracts to rebuild Iraq's electricity system amid intense U.S. lobbying efforts.

One must know:

  • US reimposed sanctions on Iran's oil industry in November, citing concerns about its nuclear programme and its meddling in the Middle East.

Question:

Q. The United States has allowed which country to import Iranian gas for its power grid for another three months by extending a waiver to sanctions?
a. Turkey
b. Syria
c. Yemen
d. Iraq
ebook store

About Me

Ramandeep Singh

Ramandeep Singh - Educator

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

  • Follow me:
Close Menu
Close Menu