Iraq extends Lebanon fuel deal for one year
Iraq extends Lebanon fuel deal for one year
BEIRUT, Aug 11 (Reuters) – Iraq’s government has agreed to continue supplying Lebanon’s electricity company with heavy fuel oil for another year, Lebanon’s caretaker prime minister said on Thursday, alleviating pressure on Lebanon’s struggling power grid.
Najib Mikati said he had made the request to Iraq’s Prime Minister Mustafa al-Kadhemi, who agreed to extend the same terms of the agreement signed last year.
In July 2021, Iraq offered the cash-strapped Lebanese government 1 million tonnes of heavy fuel oil a year in exchange for services including health care for Iraqi citizens.
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