BAGHDAD: Minister of Oil Essam Al-Marzouq unveiled that talks are going on between the Kuwaiti and Iraqi governments over a proposal to barter the remaining war compensations for Kuwait with gas supplies from Iraq. “Part of the talks is related to a proposal to import Iraqi gas,” the minister told reporters on the sidelines of a ceremony held by the German embassy in Kuwait to mark their national day.
Marzouq, also Minister of Electricity and Water, said that the two sides are negotiating the price of Iraqi gas. He projected that the Kuwaiti imports of Iraqi natural gas would start with 50 million cubic feet and then the imports would increase to reach 200 million cubic feet. He added that an agreement in this regard would be signed soon.
