Friday, October 18, 2024

Iraq plans to import gas from Kazakhstan, 18 OCT

 On Wednesday, it was made public by the Oil, Gas, and Natural Resources Parliamentary Committee that the Iraqi Ministry of Electricity intends to import gas from Kazakhstan.

Ali Shaddad, the Oil, Gas, and Natural Resources Parliamentary Committee’s spokesperson, explained to the that Ziyad Ali Fadel, the Minister of Electricity, discussed the shortage of kerosene and gas oil during a meeting with the committee members.

The Ministry of Electricity and Ministry of Oil’s upcoming depletion of strategic reserves was the topic of discussion at the meeting.

Shaddad said that, as a result of Iran’s inconsistent supply of gas, the majority of power plants in Iraq use gas oil.

Shaddad says that alternative fuel had to be used because Iran didn’t promise to keep supplying gas to fuel Iraqi power plants, which hurt the country’s population.

The Iraqi authority additionally said that the Power Service will before long go into a concurrence with Kazakhstan to supply Iraq with up to 20 million cubic meters of gas.

Fuad Hussein, the Iraqi foreign minister, and Rashid Meredov, the Turkmenistan foreign minister, discussed ways to boost commercial and economic ties, particularly in the gas sector, at the end of September.

According to the Ministry of Electricity, Iraq and Turkmenistan signed a memorandum of understanding last year to import the gas it needs to run its power plants. The Ministry of Electricity said that this step requires additional negotiations about how gas is transported through Iran.

Power plants in Iraq rely upon gas imports from Iran, which cover 33% of the country’s energy needs.

Fadel said before that Iraq will get gas from Turkmenistan through the pipeline network in Iran connected to Iraq to at last arrive at power plants in Iraq.

Within a period of five years, the agreement will enable Turkmen gas to be delivered via Iran to Iraq. According to reports, all of the steps required for Iraq to begin importing gas from Turkmenistan in January 2024 were completed.

The requirement to negotiate a comprehensive arrangement with Iran, the country of transit, is the primary reason for the planned deferral of the delivery.

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