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Found 1 result

  1. Within a year ... Gulf electricity is "free" to Iraq 2020-08-24 01:28 Shafaq News / The Iraqi ambassador in Riyadh, Qahtan Al-Janabi revealed, on Sunday, that the Gulf interconnection will completely solve the problem of electricity in Iraq. Al-Janabi said in a press statement today, which was seen by Shafaq News Agency, that "there is a memorandum of understanding signed between the General Secretariat of the Gulf Cooperation Council and the Iraqi Ministry of Electricity, for the purpose of linking the Gulf through Kuwait," indicating that "there is a clear development in this issue and the initiation of this work." very soon". He added, "It is hoped that it will be completed within a year to solve the electricity crisis in Iraq, given that the six Gulf countries have abundant electric power, and the peak hours in them differ from what is in Iraq." Al-Janabi explained that "through this link, Iraq will not pay any sums. Rather, its financing will be from the outputs of the Kuwait Conference for the Reconstruction of Iraq, which was held years ago." The American "Wall Street Journal" reported, in a report today, Monday, that the United States is pushing for a new Saudi-Iraqi project to invest in energy, noting that it is "towards completion ." And Washington had granted Iraq an exemption from the sanctions imposed on importing Iranian energy, for humanitarian reasons related to plunging Baghdad into darkness without this energy, at a time when Iraq is trying to reduce its dependence on Tehran. The networking project has been the subject of intense consultations in recent months, as it was discussed during the visit of the Iraqi Prime Minister, Mustafa Al-Kazemi to Washington last week . The Iraqi Finance Minister, Ali Allawi, said last Friday that the project "is about to be defined, designed and put up for tenders," adding, "The electrical network in Iraq is likely to be linked to the networks of Saudi Arabia and Kuwait ." On the other hand, a spokesman for the Saudi Energy Minister confirmed that the agreement "is progressing towards completion" and includes an option for a direct link between Iraq and Saudi Arabia . "We were working on this," says a senior Trump administration official, referring to the Iraqi electricity grid connected to the Gulf Cooperation Council countries.
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