Mazhar Saleh: Iraq Is Searching For A Globally Advanced Position In Gas Production
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02/25/2024 Baghdad: Hoda Al-Azzawi Iraq is focusing on seizing an advanced position in the list of the ten largest gas producing and exporting countries in the world, while possessing huge reserves that place it in 12th place in the world, but it produces less than 9 billion during an entire year, in addition to the urgent need to enter the gas sector.
Sustainable energy.
Adviser to the Prime Minister for Economic and Financial Affairs, Mazhar Muhammad Salih, said in an interview with “Al-Sabah”:
“Iraq is one of the countries most likely to engage in the use of renewable energies, especially solar energy, as it is one of the rare countries with increased sunrise hours.” Saleh added,
"Iraq needs to enter the era of renewable energy, in addition to respecting carbon zero agreements for the optimal use of natural gas," noting that"it is necessary to diversify the sources of energy production and use and enter into the clean energy sector and economic development.
Today, we need to produce twice the current energy."". In the face of the increasing need for energy, Saleh pointed out that “the economic reform plan is moving towards diversifying the Iraqi economy.
Economic diversification begins with the oil sector by shifting from absolute rentierism to relative rentierism.
Instead of importing oil derivatives worth more than $5 billion, it can be compensated by switching from importing “To a source of petroleum products, which allows Iraq to maximize the value of national income and create diversity important for sustainable development.” https://alsabaah.iq/92366-.html
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