Natural gas exports from Iran to neighboring Iraq fell by 40% between April and August this year, continuing a downward trend from 2024, according to the data from Iran’s Trade Promotion Organization (TPO).
No reasons for the decline in exports were mentioned, but the value of the exports in the period stood at $950 million, which was much lower than the value of gas exports to Iraq in April-August 2024. An earlier report by local media said all Iranian exports to Iraq had declined in the five-month period, by 18% on the year, to a total of $3.75 billion.