Economic analyst Salam Sumaisem told Al Aalem that this is all an elaborate plan to provide economic aid to Lebanon that is facing a severe electricity shortage. Baghdad doesn’t expect to be paid back. That’s the reasons why the terms are so vague and always changing. It’s also unclear when the deal will actually go into effect even after the signing.
Al Aalem, “A gift or debt … What are the scenes behind sending Iraqi oil to Lebanon?” 6/12/21
Atallah, Nada Maucourant, “Lebanon moves closer to buying fuel from Iraq with ‘Lebanese dollars,’” L’Orient Today, 3/1/21
Al Hurra, “An agreement between Iraq and Lebanon … Oil in exchange for treatment,” 4/3/21
- “Iraq and Lebanon .. Ambiguity surrounds the fate of oil for medicine and the canceled visit raises controversy,” 4/18/21
- “Iraqi Oil and Lebanon … An ambiguous barter and doubts about a third party,” 6/12/21
NRT, “Iraq, Lebanon Sign Deal To Swap Fuel Oil For Medical Services,” 7/24/21