Sunday, June 1, 2025
31 C
Baghdad

Turkey Suspends Electricity Supply to Iraq Due to Unpaid Debt

Baghdad – In a significant move, Turkey has halted its electricity supply to Iraq, citing the country’s failure to settle a debt of $70 million. According to reports, the disruption of electricity services follows Iraq’s long-standing inability to meet its financial obligations to Turkey.

The cut-off in electricity supply is a direct consequence of unpaid dues, with the issue reportedly stemming from several months of overdue payments. This situation highlights the ongoing financial tensions between the two nations and underscores the economic strain Iraq faces in maintaining its energy needs.

For Iraq, which heavily depends on imported electricity, this disruption poses significant challenges. The halt in power supply is likely to affect various sectors, including residential, commercial, and industrial operations, exacerbating the energy crisis that already plagues the country.

Turkey’s decision to suspend electricity is also a reminder of the delicate balance that exists in international energy agreements, where unpaid debts can lead to disruptions in services. As Iraq continues to grapple with its financial challenges, finding a solution to this debt issue will be crucial in restoring stable energy imports from Turkey.

In the meantime, both governments are expected to engage in discussions to address the outstanding debt and avoid further disruptions in electricity supply. The resolution of this issue will be pivotal in ensuring Iraq’s energy stability moving forward.

Hot this week

Kurdistan Updates Residency Rules with Flexible Investor Visa Options

The Kurdistan Region's Ministry of Interior has issued updated...

Iraqi Airways Celebrates Smooth Hajj Travel Success

Iraqi Airways announced the successful transportation of over 17,000...

Iraq Stresses Need to Boost Anti-Terror Defense

Iraqi President Abdul Latif Rashid met with Counter-Terrorism Chief...

Iraq and Switzerland Discuss Stronger Anti-Terror Cooperation

Iraq’s National Security Advisor, Qasim al-Araji, met with Swiss...

Gold and Dollar-Dinar price Prices Today

Dollar-Dinar price: The exchange rate for $100 reached 140,750 Iraqi...

Topics

Kurdistan Updates Residency Rules with Flexible Investor Visa Options

The Kurdistan Region's Ministry of Interior has issued updated...

Iraqi Airways Celebrates Smooth Hajj Travel Success

Iraqi Airways announced the successful transportation of over 17,000...

Iraq Stresses Need to Boost Anti-Terror Defense

Iraqi President Abdul Latif Rashid met with Counter-Terrorism Chief...

Iraq and Switzerland Discuss Stronger Anti-Terror Cooperation

Iraq’s National Security Advisor, Qasim al-Araji, met with Swiss...

Gold and Dollar-Dinar price Prices Today

Dollar-Dinar price: The exchange rate for $100 reached 140,750 Iraqi...

Nationalities Festival Highlights Cultural Diversity in Erbil

The second edition of the Nationalities Festival launched in...

Iraq Strengthens Banking Sector Through Global Financial Reforms

The Central Bank of Iraq (CBI) reaffirmed its commitment...

Iraq’s Oil Exports to Italy Reflect Growing Energy Partnership

Iraq's oil exports to Italy reached over $2.6 billion...

Related Articles