Tuesday, September 5, 2023

An economist who explains how to cover the Iraqi gas deficit through development, 5 SEPT

 On Monday, researcher Muhammad Al-Saadi explained how development and gas exports to Europe could cover the deficit in Iraqi gas.

Al-Saadi said that Iraq has the potential to export gas to Europe if it achieves self-sufficiency by extracting and utilizing gas from its own lands.

He suggested investing in the development of a road and setting up a gas pipeline alongside it to transport gas from Iraqi, Iranian, and Qatari fields. This pipeline could connect to the existing gas pipeline on the road and be used to export gas to Europe and other countries that require it.

Al-Saadi proposed that Iraq could receive free gas exports in exchange for securing the pipeline passing through its territory.

He suggested that there is a way to address the gas shortage by accessing a portion of the exported gas through the pipeline, while also developing domestic gas production to achieve self-sufficiency.


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