Iran, Iraq sign long-term ‘strategic’ energy contract...electricity and natural gas

aryobarzan · 2022-07-20T13:05:00+00:00

Highlights of the contract: Construction of 1,950 megawatts of power plants already has been implemented by Iranian companies with the investment of the Iraqi side. private sector companies of Iran’s also implementing the construction of 1,700 megawatts of power plants in Iraq, Iran transmits another 1,000 megawatts directly, making itself an indispensable energy source for its Arab neighbor. Iraq’s power infrastructure has deficit of some 7,000 megawatts. Iraq relies on Iran for natural gas that generates as much as 45 percent of its 14,000 megawatts of electricity consumed daily. The cost of connecting Iraq’s electricity grid to those of the Persian Gulf Arab countries was “very high”. Iran is self-sufficient in the world in the fields of construction, upgrading, repairs and maintenance of power plant units https://www.presstv.ir/Detail/2022/07/20/685941/Iran-Iraq-electricity-contract-US-sanctions

aryobarzan

SENIOR MEMBER

Jul 20, 2022

Highlights of the contract:

Construction of 1,950 megawatts of power plants already has been implemented by Iranian companies with the investment of the Iraqi side.
private sector companies of Iran’s also implementing the construction of 1,700 megawatts of power plants in Iraq,
Iran transmits another 1,000 megawatts directly, making itself an indispensable energy source for its Arab neighbor.
Iraq’s power infrastructure has deficit of some 7,000 megawatts.
Iraq relies on Iran for natural gas that generates as much as 45 percent of its 14,000 megawatts of electricity consumed daily.
The cost of connecting Iraq’s electricity grid to those of the Persian Gulf Arab countries was “very high”.

Iran is self-sufficient in the world in the fields of construction, upgrading, repairs and maintenance of power plant units

Minister: Iran, Iraq sign long-term ‘strategic’ energy contract

Iran has signed a long-term strategic electricity contract with Iraq to provide its Arab neighbor with sustainable energy supplies, Iranian Minister of Energy Ali Akbar Mehrabian has said.