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Iraq to Receive Turkmenistani Gas via Iran-Built Pipeline

The Central Asian country has plans to boost gas supplies to Iran to 40 billion cubic meters per year

Iran and Turkmenistan signed an agreement on 3 July for the delivery of 10 billion cubic meters of Turkmenistani gas per year, which Tehran will then ship over to Iraq...

Companies from the Islamic Republic will build a new 125-kilometer pipeline to Iran to expand Turkmenistan’s capacity to deliver the gas, the foreign ministry said...


China is Turkmenistan’s leading purchaser of gas. The Central Asian nation is also working on a pipeline project to supply Afganistan, Pakistan, and India.,,

Last year, Turkmenistan was welcomed into the
International North-South Transport Corridor (INSTC), of which Iran is a founding member, alongside Russia and India.

The INSTC, a trade and shipping corridor described as an alternative to the Suez Canal, has been used to circumvent harsh western sanctions – for example, with the transport of Russian goods to India via Iran and vice versa.

.. Iran has long been a leading supplier of gas and electricity to Iraq. However, US sanctions on Iranian energy have made it difficult for Iraq to pay its gas debts to the Islamic Republic.


In March, Iraq signed a five-year gas supply deal with Iran. Pumping rates are set to reach up to 50 million cubic meters per day, according to Iraqi... needs.

🔗SOURCE ➡️ The Cradle

Related to INSTC: 5/26 —
India and Iran’s Chabahar Deal Challenges US-Backed Trade Corridor

5/13 — Iran, India Move Forward With Port Deal in Face of US Sanctions

"Expanded trade via the Chabahar port will help India expand trade to both central Asia and Europe.

Business Standard reports that Chabahar is also part of the proposed International North–South Transport Corridor (INSTC)
..

4/30 — Iran, UAE Boost Ties as Joint Commission Meets for First Time in 10 Years

"According to Tasnim, the meeting agenda includes discussions on international transit, particularly the International North–South Transport Corridor (INSTC)."


3/29/23 - Iraq Signs Five-Year Natural Gas Deal with Iran

7/26/23 —  The End of The PetroDollar, The Rise of BRICS is Here — TheMcgwire / PsyopDaily original
Syria, Iran, and Normalization of Ties Through the Middle East

...Following the point of normalization of relations in the region, Iran has been making strides in diplomacy with some of its neighbors in the Middle East, and the whole MESA region...

7/19/23 - US Issues New Sanctions Waiver Claiming to ‘Help’ Iraq Pay For Iranian Gas

…only to sanction 14 Iraqi banks the next day.

7/20/23 — US Bans 14 Iraqi Banks in Crackdown on Iran Dollar Trade

These sanctions on Iraqi banks plays into the same dynamic seen with the US targeting individual banks in Turkey and the UAE with sanctions, after the nation’s ignored the US’s threats I highlighted in my March 2022 series....

....The real question is why should the sovereign country of Iraq ... have to beg the US permission to conduct business with its neighbor that is in its own interest?

Somewhere in the answer to that question, is the prime reason for why BRICS is rising.


...7/25/23 —
Washington Names Itself ‘Custodian’ of Iraqi Debt Payments to Iran via Oman

And thus, its no wonder the global south is breaking away from US control, when it so often overrides their own interests[and sovereignty]


7/12/23 — Iraq to Trade Crude Oil for Desperately-Needed Iranian Gas

7/5/23 — Iraq Wants to Drop Dollar in Iran Trade to ‘Relieve US Pressure’: Report

”Over the past several months, Iraq has been working to lessen its dependence on the US dollar after Washington implemented several strict measures, including sanctions on Iraqi banks and rationing the dollar supply, to exert pressure on Baghdad to redirect its energy sector away from Iran.”

4/6/23 — CIA Director Tells Saudis the U.S. Was Blindsided By Iran Normalization Brokered by China

2/22/23 — Iraq to Allow Trade With China in Yuan - State Media

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