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Iraq completes linking energy with Iran and holds similar talks with three countries


yota691
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20-05-2019 11:20 AM
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Baghdad

Iraq plans to join the Gulf electricity grid in the second half of this year and start supplying electricity to Iraq in the summer of 2020.

Eng. Ahmed Al Ibrahim, Executive Chairman of the Gulf Electricity Interconnection Authority, said in a press statement that "the tenders for the electricity interconnection project with southern Iraq are being finalized for the second half of this year."

Ibrahim explained that "the Authority will begin coordination through the General Secretariat of the Gulf Cooperation Council for meetings with the Iraqi side to discuss the plan to implement the project work."

"It is hoped that if the agreement with the Iraqi side in May or June next, the Commission can provide Iraq with electricity capacity of up to 500 MW with the start of the summer of 2020."

He stressed that "the project of connecting with Iraq, which comes within the plan to expand the network of the Gulf electrical link, which is implemented by the Commission in the second half of this year, is a vital and strategic project for the GCC countries, especially that there is a diligent work to develop partnership relations between the GCC countries and Iraq in the areas Economic, political and cultural. "

He pointed out that "the Commission supports these trends through the project of electric linkage with Iraq, so the Commission works on the project in southern Iraq, specifically Basra, which is an extension of the current electrical connection," asserting that "there will be a link from the station in Kuwait to an extension to southern Iraq capacity 400 kV, and the capacity to 1800 MW, which will be reached through ongoing negotiations between the Gulf Cooperation Council and the Ministry of Electricity in Iraq, "expected that" Iraq will be provided electric power during the summer of 2020. "

He explained that "the Commission has similar plans to connect with other countries, as last April witnessed a roundtable meeting included a delegation of the Association with representatives from the Indian side, especially that there is great interest in projects linking with Asian countries, particularly India.

He said that "the Gulf Interconnection Authority has received a request to be a member of a special committee to manage the process of electricity linkage and energy markets in Asia," pointing out that "these projects will be implemented during the second half of this year."

Al-Ibraheem continued to "prepare the studies of the electrical connection with Jordan and Egypt to reach Europe, where the studies are still going on between all aspects. In addition, the Commission is now in the process of collecting information for preliminary studies linking with Ethiopia and Yemen, long studies that will take longer "He said.

He stressed that "there is a continuous work to develop the energy trade project between the GCC countries, where there is a major role played by the Interconnection Authority to reach bilateral agreements for the exchange of energy trade during the summer period, as several contracts have been awarded to exchange energy between some Gulf countries, "The demand for energy is expected to increase this year," he said, referring to the "steady increase in the volume of energy trade exchange over the past years."

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Electricity agrees with the industry to supply them with transformers and rehabilitate the damaged ones

 
Baghdad / Tareq al-Araji / Haider al-Atari
 
 
The ministries of electricity, industry and minerals have agreed that the latter and through its specialized companies will manufacture transformers and electrical materials, and rehabilitate the damaged ones to overcome the scarcity achieved as a result of converting large parts of them to rehabilitate distribution networks in the liberated areas.
The deputy minister of electricity for distribution, Engineer Nafie Abdul Sada said in an exclusive interview for the "morning": The need of his ministry for transformers continue as a result of the increasing numbers of participants and foot on the operations of the division of units and the establishment of new areas, although his ministry worked to secure a large amount of transformers in Baghdad and the general provinces Self-made efforts to speed up their position in areas that suffer from the problems of overcoming this problem. 
He added that his ministry is headed in coordination with the Ministerial Council of Energy to buy the entire quantity of transformers manufactured by the companies of the Ministry of Industry, such as Diyala and Wawr, the real factory for cables and cables for low pressure, and will buy all materials manufactured according to their production capacity in addition to buying columns and towers of steel industries.
Abdul-Sada pointed out that the shortage in electrical transformers and other materials involved in the rehabilitation of the distribution sector came for several reasons, the most important of which is the transfer of a large part of these materials to liberated areas in the provinces of Anbar, Salah al-Din and Nineveh, because their networks were severely damaged by the terrorists " The limited financial allocations for previous years and therefore was allocated the amount of this budget last year, although it was very limited. 
The promise of the preparation of electric transformers, which was added this year, to the most important, but it does not fit the volume of demand and the increasing numbers of subscribers and the high number of defects due to abuses and the need to continue to them, revealing the approach of the Ministry of Industry to unload part of its companies to repair damaged transformers and issued a decision on this matter of the Ministerial Council Which he said he will do, which will contribute to controlling the problem.
The Minister of Electricity for Distribution Affairs revealed that the actual and urgent need currently estimated at four thousand and 500 converted, while the actual need with the expansion is estimated at 9 thousand converted, stressing that his ministry will cover this gap through the reform of the damaged transformers adopted by the Ministry of Industry through its companies.  
In the same context, the Ministry of Industry and Minerals in coordination with the Ministry of Electricity to secure energy during the summer, after the two sides discussed the insurance of electrical transformers.
This came during a meeting between the technical agent of the Ministry of Industry Adel Karim with the Undersecretary of the Ministry of Electricity for Distribution Nafie Abdul Sada to promote cooperation and joint work between the two ministries, according to the media spokesman for the industry Abdul Wahid al-Shammari.
He explained in an exclusive interview for "Al-Sabah": The two sides also discussed the activation of the mechanisms of cooperation between the General Company for Electrical Industries and the Ministry of Electricity in the field of processing the last light economic LED (which is characterized by excellence on the luminance standard in terms of operational and environmental capacity, stressing agreement to overcome obstacles and open Prospects for joint work in the field of processing, maintenance and rehabilitation transformers.
Shammari explained that his ministry is moving to make a qualitative leap in the local industry through modern marketing plans and convince the consumer local brands that are characterized by quality and efficiency after taking a series of measures to stimulate the relevant bodies through the payment system in the term.
He added that his ministry prepared a plan to open up to the private sector to attract the largest number of companies, factories and factories to encourage them and stimulate them to work and joint production. He stressed the importance of supply and demand for production by extrapolating the need of the local market and following the innovative and modern methods in putting the product in close coordination with the private sector.
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 energy


Economy News Baghdad

The Ministry of Electricity, Sunday, that the new stations in Basra and linking to the national network and entry into service will begin next month.

"Completion of the Rumaila investment project and the installation of an autonomous station at the Basra station will contribute to resolving the bottlenecks and supplying the national grid with 250 megawatts," said Ola al-Tamimi of the Ministry of Electricity.

Tamimi added that an engineering and engineering delegation visited the province of Basra and looked at the needs of production plants and transportation projects, including the Shatt al-Basrah plant with a capacity of 750 megawatts and the Nujaibiya gas station and start to maintain them as projects and increasing capabilities.

Tamimi explained that the production of the current province of Basra of electricity is 3165 MW, and that after the completion of maintenance schedules will enter an additional capacity of 600 MW.


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 energy


Economy News _ Baghdad

A report issued by the Ministry of Energy and Mineral Resources of Jordan, the close to the export of electricity to Iraq in less than two years. 
"The renewable energy sector has reached a combined generating capacity of renewable energy projects of 1130 megawatts by the end of 2018," the report said. 
"The ministry expects to rise to 2,400 megawatts by 2021, equivalent to 11 percent of the electricity generated in the kingdom compared to 1 percent in 2014," he said.
The report revealed that "the agreement between Jordan and Iraq to provide Iraq with electricity through electricity linkage, to be direct in technical studies and secure the necessary funding to start implementation of the project within three months, is expected to begin Jordan to export electricity to Iraq in less than two years.


Views 100   Date Added 05/27/2019

 
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https://www.alsumaria.tv/news/alsumaria-articles/305887/مستشار-رئيس-الوزراء-الشبكة-الكهربائية-ستتعدى-حاجز?src=web-push&utm_campaign=Softimpact-Web-Push&utm_source=SI-Push-Documents&utm_term=Softimpact-Push-Documents&utm_medium=SI-Push-305887.......

Minister: The electrical network will exceed the barrier of 18 thousand megawatts

2019-05-29 02:33
Advisor to the Prime Minister: The electrical network will exceed the barrier of 18 thousand megawatts
 
 
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The adviser to the Prime Minister, on Wednesday, that the next two days will see the addition of 1200 MW to the electrical grid to cross the barrier of 18 thousand megawatts.

The consultant, Abdul Hussain Al-Henin during an inspection visit to the Wasit thermal station with a number of officials in the Ministry of Electricity to oversee the return of the fifth unit and to provide the requirements of the station and cadres in order to return the units at full capacity and to provide the national system with energy, "Tomorrow and tomorrow will add 1200 MW to the network To cross the 18000 MW. "
 
 
"The electricity sector has a follow - up directly from the Prime Minister Adel Abdul Mahdi , and that all efforts are geared to the introduction of new units contribute to the lifting of the production and distribution level as well as carry out the necessary maintenance," and praised during his meeting with the engineers and workers at the station large for their efforts. " 

He described Hinan "heroes of Maigdmonh from the tender and effort to serve the people of their province and the whole of their people in this vital sector." 

accompanied by adviser to Prime Minister on his visit to the station and the Wasit thermal agent production affairs Acer Habib Tobia and Undersecretary for distribution Nafie Abdul - Sada and General manager of the technical department at the ministry 's headquarters Majid Mahdi Hantoush and Director General of Control and Control Yahya Abbas Jaber .
 
 
 
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  • yota691 changed the title to Minister: The electrical network will exceed the barrier of 18 thousand megawatts
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2019/05/29 13:58
  • Number of readings 22
  • Section: Iraq
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Siemens announces the actual work in the implementation of contracts for the first phase of the development of electricity in Iraq

 

 

The International Energy Company (Siemens) announced on Wednesday, May 29, 2019, that it is actively working on the implementation of contracts for the first phase of the development of electricity in Iraq, pointing out that the goal is to provide energy supplies at reasonable prices without interruption. 
The company said in a statement to Masala that it has already started working on the first phase of the contract with the Ministry of Electricity to add new capacity to generate energy efficiently, rehabilitate existing power plants and expand electricity transmission and distribution networks. .

"We have provided the Iraqi government for more than a year with the road map to provide electricity so that we can sign our first contracts with it," the company said. "Our main objective is to provide affordable and affordable power supplies to every Iraqi home and everywhere in Iraq, One of the most important prerequisites for sustainable economic and social development in the country. "

The company confirmed that it "succeeded in establishing the largest projects in the world such as the projects that have been completed in Egypt, and they know very well how to deliver projects according to the schedule and the budget specified," noting that "Germany is committed to support Iraq, as well as Siemens, so Siemens will cooperate with the German government in Provide a number of training and educational programs for Iraqi youth. "

"The project will provide tens of thousands of new jobs to Iraqis, through the use of local resources, for example, to contribute to the establishment of national infrastructure for the energy sector, which represents the cornerstone of the future of the Iraqi economy."

Siemens has recently announced its plan to build a company specializing in electricity and energy. We have combined traditional energy supplies, oil and gas, network technologies and renewable energies into one specialized company.

Siemens signed three key contracts under Phase I of the road map, including an EPC contract for the construction of a 500 megawatt natural gas power plant in the Zubaidiyah area, with 40 gas turbines being upgraded with reverse cooling systems, contributing to the generation of an additional 700 megawatts During summer peak periods. In addition to the construction of 13 substations with a voltage of 132 kV and 34 transformers throughout Iraq to expand the electricity transmission network in the country. But what does all this mean to Iraqis? To convert what we have just talked about to significant figures, these projects will generate 1,300 megawatts of electricity, which will cover the needs of nearly 360,000 Iraqi households during peak periods in the summer of 2020.

This is only the beginning, as the main energy projects to find a permanent solution to the deficit in the production of electricity in Iraq, part of the agreement to be signed with the Iraqi government in Berlin, which will be negotiated and contracted over the coming period.

The obelisk

http://almasalah.com/ar/news/171955/سيمنس-تعلن-العمل-فعليا-في-تنفيذ-عقود-المرحلة-الأولى-من-تطوير-الكهرباء-بالعراق

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Date of release:: 2019/5/29 14:24  139 times read
Siemens is developing Iraq's electricity and setting its goal
The German energy company Siemens said on Wednesday that work on the implementation of contracts for the first phase of the development of electricity in Iraq has begun. The aim is to provide affordable power supplies without interruption.
The company said in a statement today that it "has already begun to work in the implementation of contracts of the first phase of the contract with the Ministry of Electricity to add new capabilities to generate energy efficiently, and the rehabilitation of existing power plants, and expansion of networks of transmission and distribution of electricity. 
The statement added that "the company provided the Iraqi government for more than a year the road map to provide electricity to be able to sign the first contracts with them," asserting that "the main goal of Siemens is to provide energy supplies at reasonable prices without interruption to every Iraqi home and everywhere within Iraq". 
The company said, "It has succeeded in setting up the largest projects in the world such as the projects that have been completed in Egypt, and they know very well how to deliver projects according to the schedule and the budget set."
While stressing that Germany is committed to support Iraq as well as "Siemens", and therefore will cooperate with the German government in providing a number of training and educational programs for Iraqi youth.
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 energy


Economy News _ Baghdad

JERUSALEM (Reuters) - General Electric Co. on Wednesday announced the supply of an advanced gas turbine to the Jerusalem power plant in Iraq, while the Ministry of Electricity confirmed that additional electricity supply during the hot summer months is a key priority.

The company said in a statement received by "Economy News" a copy of it, "it installed and operate a sophisticated gas turbine model 9E at the power station of Jerusalem to the power of the Iraqi Ministry of Electricity."

"The new turbine will add about 125 megawatts to the plant's previous capacity of 1,125 megawatts to keep pace with the increasing demand for energy during the summer months. GE also provides maintenance, spare parts and repairs to enhance the reliability of the plant's operations and ensure a stable supply Of electricity throughout the year. "

"Providing additional electricity during the hot summer months is one of our main priorities and we are working to improve the productivity of existing generation plants as the fastest and least cost way to supply our national network with stable supplies," said Musab al-Mudar, director of the Ministry of Electricity Information Office.

"General Electric can help us achieve this goal through its industry-leading solutions, its huge base of power generation equipment deployed throughout Iraq and its experienced team of local experts," said the teacher, noting that the installation and operation of the new gas turbine at the Jerusalem station after Only five months after the signing of the contract is a tangible evidence of the depth of the joint commitment to meet the energy needs of the country. "

"The operation of GE's 9E turbines will provide more than 50 different types of fuel, which ensures that the Ministry of Electricity has greater flexibility in operating these units using more economical fuel resources and continuing to generate electricity using liquid fuel if not Gas availability ".


Views 40   Date Added 05/29/2019

 
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Siemens is already in the process of developing Iraq's electricity

By Rudao 25 minutes ago
Iraq signed a contract with Siemens
Iraq signed a contract with Siemens

Ruudau - Erbil

The German company "Siemens" on Wednesday, the start of work in the implementation of contracts for the first phase of the development of electricity in Iraq. 

According to a statement by the company, it has started to work in the implementation of contracts for the first phase of the contract with the Ministry of Electricity to add new capabilities to generate energy efficiently, and the rehabilitation of existing power plants, and expansion of transmission networks and distribution of electricity. 

He added that "the company provided the Iraqi government for more than a year the road map to provide electricity to be able to sign the first contracts with them," stressing that "the main goal of Siemens is to provide energy supplies at reasonable prices without interruption for every Iraqi home and everywhere in Iraq "He said. 

The company also confirmed that it "

While stressing that Germany is committed to support Iraq as well as "Siemens", and therefore will cooperate with the German government in providing a number of training and educational programs for Iraqi youth.

Iraq signed a contract on April 30 with Siemens in the roadmap agreement to improve the country's electricity network.

http://www.rudaw.net/arabic/business/290520191

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 2019/05/29 14:51:17
 

A Better Future Waiting for the Iraqi People - The Power of Meeting the Promise 
Joe Kaiser is the President and CEO of Siemens AG

If there is anything to be gleaned from the events that Iraq witnessed last April, it is that when we promise to keep our promise always. Yes, more than a year has passed since we presented the Iraqi government with a "roadmap for saving electricity" so that we could sign our first contracts with it. But we have been able to achieve this thanks to the great Iraqi people and their precious confidence in Siemens. Six months ago, the Iraqi people promised that Siemens would like to support Iraq and help it build a bright future. We never give up our commitments, but our promises become stronger and more committed.
The 30th of April in Berlin witnessed the first major steps towards the actual implementation of the roadmap. The Iraqi Ministry of Electricity and Siemens signed an important agreement to implement the plan, which clearly defined the projects to be implemented under that agreement, Timeframes for the implementation stages and all details related to the main elements of the plan for the provision of electricity to Iraq. This comprehensive plan includes the addition of new power generation capabilities, the rehabilitation of existing power plants and the expansion of power transmission and distribution networks. Siemens is ready to start working immediately, and we have actually begun to work on the first phase contracts that were signed that day.

What we have done so far represents the first step, but we are confident that the best is still waiting for Iraq. Our main goal is to provide uninterrupted and affordable power supplies to every Iraqi home and every place within Iraq as one of the most important requirements for sustainable economic and social development in the country. The Iraqi people have been very patient. The country has experienced many crises and difficult times, but the people of Iraq certainly deserve a sense of peace, freedom, security and, of course, a better life for all.

In this context, I want to assure you that we are working to achieve this with all our capabilities and capabilities. This important project is being implemented by the best cadres and teams in Siemens. They have already succeeded in setting up the largest projects in the world, such as the projects that have been completed in Egypt, and they know very well how to deliver projects according to the schedule and budget. Germany is committed to support Iraq, as well as Siemens, so Siemens will cooperate with the German government in providing a number of training and educational programs for Iraqi youth, understanding the future of this great country. We also look forward to achieving tangible progress in implementing the Convention and starting from it to implement the other stages within the framework of the agreed roadmap. Several additional projects need to be implemented in a timely manner in order to provide reliable energy supplies.
As part of our strategy for the future, Siemens recently announced its plan to build a company that specializes in electricity and energy, we have a combination of conventional energy supplies, oil and gas and network technologies and renewable energies in Mt_khassh- one company "Siemens Electric Company." No other company can provide this comprehensive range under one roof. Siemens Corporate will support the entire power unit with its extensive industrial and digital resources, as well as providing financing and guarantees when needed. Through all this, we can serve our customers in a more focused way with priority setting. This, of course, is the case with the Iraqi road map, which is a top priority for Siemens.
So far, Siemens has signed three major contracts in the first phase of the road map, and includes contract engineering, procurement and construction EPC system for a power plant powered by natural gas, 500 MW capacity in the Zubaydiah area, updated with 40 gas turbine reverse cooling systems, which contributes to the generation of An additional 700 MW during summer peak periods. In addition to the construction of 13 substations with a voltage of 132 kV and 34 transformers throughout Iraq to expand the electricity transmission network in the country. But what does all this mean to Iraqis? To convert what we have just talked about to significant figures, these projects will generate 1,300 megawatts of electricity, which will cover the needs of nearly 360,000 Iraqi homes during the summer 2020 peak periods.

I would like to point out that Siemens' global reach and record of business allows it to provide the necessary financial support to the Iraqi government to implement the energy projects embodied in the road map. This simply means that the roadmap proposal is an attractive offer for bank financing because of its economic viability. It also ensures billions of dollars in savings from fuel savings at power stations and huge revenues for the Iraqi electricity sector.
In addition to our energy-saving business in Iraq, Siemens remains committed to its promise to provide a smart healthcare clinic equipped with Siemens medical equipment to provide healthcare services to the Iraqi people. We have already chosen the clinic location in Baiji, where we are moving forward. The clinic will provide health care services to people in liberated areas in Iraq, with the capacity to treat up to 10,000 patients a year. Not only that, but we also pledge a $ 60 million grant to Iraqi universities to provide Iraqi students with the digital skills needed for the future, as well as career training opportunities for more than 1,000 Iraqis.
The Iraqi youth, stability, strong leadership, wealth and natural resources of Iraq are all strong foundations for building a prosperous society and creating a wonderful future for Iraq and its great people. We have already done so in Egypt and other countries in the region, helping countries achieve the desired transformation in the electricity sector and creating local values through job creation and skills development. 
We recognize that every nation and society has its own priorities and characteristics that must be respected and fulfilled. For this reason, we have always been aware of our priorities of serving the community and becoming a trusted friend and partner of the local environment. That is exactly what we intend to achieve for the Iraqi people.

Siemens has been an integral part of Iraq's history for the past 80 years and we are now proud of the great role we play in creating a better future for your old country. We are here for you ... for the entire Iraqi people and young people who are hungry for education and employment opportunities. We are here for small and medium enterprises, and for government officials of interest to their people. You can count on us because we believe in the power of promise.

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  • yota691 changed the title to Advisor to the Prime Minister: Electricity processing reached record levels

Advisor to the Prime Minister: Electricity processing reached record levels

 
Baghdad / Al-Sabah 
 
The Prime Minister's Advisor, Abdul Hussein Al-Henin, announced on Sunday that he will take immediate decisions in support of the electrical system in Diwaniyah and Najaf governorates. He pointed out that the levels of equipment in the country reached 18 thousand megawatts.
In a statement issued on the sidelines of the inspection of power plants in Diwaniyah and Najaf provinces, he said: "After our arrival, we held an extensive meeting of the electric power sector in Diwaniyah province at the Diwaniyah gas station, accompanied by Undersecretary of Electricity for Transport and Distribution and Director General of Technical Department In the ministry and the director general of the control and control center, and we made a number of immediate decisions. "
He added that these decisions, in particular the solution of the problem of the carrier line Afak east of Diwaniyah 132 KV, and resolved the subject of financing the contract 78 net was directed to increase the amount of credit by an increase of $ 25 million to start immediately work and remove the argument of Siemens not to proceed in this important project in the province Diwaniyah, in addition to the approval of the linking of two mobile transformers on the Qadisiyah / Ghamas line 33 KV to ensure continuous feeding of the nutrients of the plantation to cover the agricultural plan. 
"After we moved to the province of Najaf and met Najaf Governor Luay al-Yasiri at the site of the call station, we held a meeting similar to the electricity sector in the presence of a member of the provincial council and the Chairman of the Energy Committee, and took several decisions concerning the Najaf electricity sector, 33 KV to dismantle the bottlenecks in Najaf province and solve the financial and administrative problems for the completion of the project mid-month, and a decision to equip the province immediately converted capacity, 132/33 KV capacity of 50 MVA for installation at the Kufa station to break the bottlenecks of Kufa city and its suburbs.
"We are working to solve the bottlenecks and disparities in the processing between the region and the other regularly," he said, calling for "the rationalization of electrical energy to maintain them with the least possible interruptions, by extinguishing (24 ° C), which is the appropriate level for human health, even if all Iraqis are committed to this degree to reduce consumption by more than 3000 MW, which enhances the continuity of electricity without interruption.
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  • yota691 changed the title to The Ministerial Council for Energy holds a meeting chaired by the Prime Minister to discuss the reality of the electrical system

The Ministerial Council for Energy holds a meeting chaired by the Prime Minister to discuss the reality of the electrical system

Baghdad conscious

The Ministerial Council for Energy meeting, on Monday, under the chairmanship of Prime Minister Adel Abdul-Mahdi, to discuss the reality of the electrical system and levels of production, distribution and consumption in Baghdad and the provinces .

"The ministerial energy council held a meeting today under the chairmanship of Prime Minister Adel Abdul Mahdi, to discuss the reality of the electrical system and levels of production, distribution and consumption in Baghdad and the provinces and the needs of the main stations and subsidiary and find solutions to the problems of emergency that The electrical grid, maintenance and repair of electric power stations, and the work of generators   .

The Ministerial Council of Energy issued several immediate decisions to promote electricity, the most important of which are :

First: The Ministry of Industry (Electrical Industries Company) provided the Ministry of Electricity with 350 different capacities to fill gaps and bottlenecks in the distribution sector .

Second: Provision of necessary financial allocations from the emergency budget for the purchase of transformers from the private sector .

Third: The companies of the Ministry of Electricity and the Ministry of Industry to contract to repair the unemployed distribution transformers of the Ministry of Electricity, according to a long-term contract .  

"The meeting was attended by the Deputy Prime Minister for Energy Affairs, the Minister of Oil, the Ministers of Electricity and Water Resources, the Ministries of Electricity, Industry and Planning, and a number of Directors General, experts and consultants.

 

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  • yota691 changed the title to World Bank: More than 10% growth in electricity demand in Iraq annually
 
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World Bank logo
  

 energy


Economy News Baghdad:

The World Bank announced that the growth rate of electricity demand in Iraq is more than 10% per year.

The World Bank said in a document obtained by "Economy News", "Although Iraq has achieved remarkable progress in improving its capacity to generate electricity, this sector is still facing many serious challenges because of the growth in demand by more than 10% per year.

"Despite Iraq's huge oil and gas reserves, the Iraqis themselves do not get enough of their basic electricity and are forced to use expensive diesel generators," he said. "Given Iraq's inability to exploit its available natural resources, Resort to relying on expensive and expensive alternative fuel resources at an estimated cost of $ 6-8 billion a year. "

"The cost of the electricity shortage is estimated at $ 40 billion a year. The ongoing lack of electricity supplies is affecting the well-being of families, the growth of business facilities and the ability of businesses to create sustainable jobs to meet the growing numbers of young people entering the labor market."


Views 79   Date Added 06/05/2019

 
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  • yota691 changed the title to Electricity Minister: Electricity crisis will be solved in 2020
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Minister of Electricity Louay Khatib
  

 energy


Economy News Baghdad:

The Minister of Electricity, Luay Khatib, that the radical solution to the electricity crisis in Iraq will be next year, pointing out that Iraq needs to import electricity from Iran for a period that may not correspond to the 6 months.

"Our need to temporarily import electricity from Iran may not exceed six months or more, but our gas needs will be for a period of two to three years until the advancement of the Iraqi gas system," he said in an interview with the US "Monitor" .

" We have exclusions from the US regarding gas, electricity and gas. They know our needs and understandings. Exceptions are divided into periods and extendable, and I imagine they will continue because the situation in Iraq is different from that of other countries and we have no alternative."

He pointed out that " when we talk about offers, we talk about the amount of gas and electricity combined Now electricity within the limit of 1100 MW we import from Iran and gas up to 2800 megawatts, and the total amount of up to 4,000 MW. Quantity, speed and price. In addition, we need infrastructure and connectivity with other countries, so our choice is currently available only to Iran. "

"What we have done over the past period has produced an increase in energy, and today we have better than ever before, although it is not ideal but it is better, reaching radical solutions that need major agreements. Agreements with Siemens and continuing our contracts with GE, "He pointed out that" the radical solutions will be in 2020 because obstetric capacities and major transport projects will enter service in the fourth quarter of 2019, and up to mid-2020. "


Views 14   Date Added 07/06/2019

 
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  • yota691 changed the title to Iran receives electricity export dues to Iraq in dinars and euros
 
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 energy


Economy News _ Baghdad

TEHRAN (Reuters) - Iran is currently receiving electricity exports to Iraq in the two currencies of the dinar and the euro, the deputy minister of energy, Humayun Haeri, said Sunday, adding that Baghdad has paid 50 percent of its total debts.

Haeri said in a statement quoted by "Knight" and briefed by "economy News", "the volume of electricity exports to neighboring countries of 1200 MW in return for the import of 350 MW."

He pointed out that "neighboring countries recognize the quality of Iranian electricity against the background of the strength of the electrical industry network."


Views 27   Date Added 06/09/2019

 
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Iran receives the dues of exporting electricity to Iraq in dinars and euros

Economy | 03:30 - 09/06/2019

 
image
 
 

BAGHDAD - 
Iran's energy minister, Humayun Haeri, said on Sunday Iran was receiving the electricity export dues to Iraq in the dinar and euro currencies. 
"Iran is currently receiving the dues of exporting electricity to Iraq in the dinar and euro currencies," Haeri said in a statement to the Fars news agency. "Baghdad paid 50 percent of the total debts in this regard." 
He explained that "the volume of electricity exports to neighboring countries is 1200 MW in return for the import of 350 MW," pointing out that "the neighboring countries recognize the quality of Iranian electricity against the background of the strength of the network of electrical industry."

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32 minutes ago, blueskyline said:

Thank You and good Morning Yota , DV......Dinar and Euros. To me this reads as the Dinar being accepted out of country ( Internationally) now ? I have to guess this is extremely huge ..

 

:twothumbs: I Suspect As You Do THIS Is EXTREMELY HUGE, BlueSkyLine, AND The Very Best Of The Rest Of Your Weekend To You AND Up Coming Week!!! :tiphat:

 

IF I remember correctly, The True The United States Of America Patriot Secretary Of State Mike Pompeo "encouraged" non Spanction Bicraqi Iraqi Insanian Imports Payments IN Bicraqi Iraqi Dinars AND/OR Euros!!!

 

Potentially, although OUTSIDE the INTERNATIONALLY accepted SWIFT payment system NOW, the Bicraqi Iraqi Dinars AND Euros WOULD HAVE TO REENTER THE WHIRLED FINANCIAL SYSTEM AT SOME POINT IN THE FUTURE!!!

 

SO, to pay the Insanians in a "program" "rate" Bicraqi Iraqi Dinar NOW would give the Insanians, to INCLUDE the Insanian IRGC, a HUGE PURCHASING POTENTIAL in the FUTURE with the ReInstated Bicraqi Iraqi Dinar.

 

Pretty sure The True The United States Of America Patriot Secretary Of State Mike Pompeo KNOWS ALL THIS SO..........................................

 

SOMTHINZ UP!!!!!!!!!!!!!!!!!!!!!

 

Maybe BABY EVEN MORE Good News THIS WEEK!!!!!!!!!!!!!!!!!!!!

 

YYYEEEAAAHHH BBBAAABBBYYY!!!!!!!!!!!!!!!!!!!!!

 

GGGOOO BBBAAABBBYYY!!!!!!!!!!!!!!!!!!!!!

 

Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET 'ER BUCK!!!)!!!

:rodeo:   :pirateship:

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This doesn't sound so good to me (in regards to RV).

If Iraq has already paid Iran 50% of what's due, in Euros and the Dinar "programmed rate", then they've already given Iran a bunch of money that will supposedly be worth a lot more at RV time.  Why would they do that if RV is imminent?

 

 

"Iran is currently receiving the dues of exporting electricity to Iraq in the dinar and euro currencies," Haeri said in a statement to the Fars news agency. "Baghdad paid 50 percent of the total debts in this regard." 

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iraq cant pay iran in usd , openly anyways and i know what you mean about a rate value change but we have no idea when that is to occur , sure wish i did though i haven't seen anything that makes me think imminent  .... all the best

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3 minutes ago, 3n1 said:

iraq cant pay iran in usd , openly anyways and i know what you mean about a rate value change but we have no idea when that is to occur , sure wish i did though i haven't seen anything that makes me think imminent  .... all the best

 

What I was trying to say is that maybe RV is NOT so imminent as we are led to believe,  if Iraq is paying Iran in the programmed rate.

Lots of good news lately makes us feel that they are making so much headway and this may be our time. 

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gotcha and understood what u were saying floridian ,and wasn't trying to talk down at ur post heck im as needful as we all are waiting to see what the cbi plan turns out to be and yup for the most part iraq is trying to reform as seen in the articles slower than we want but really not about us right , we took a chance  ...., those wasted years of maliki was a real setback for iraq ... cheers friend

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RE: Dinar flow into Iran -

 

I have long wondered about this very topic.  I can't believe that the Insanians don't also know of the Dinar potential.

 

IMHO, the dinar does NOT move in value until there is some kind of broad, verifiable international solution to the Insanian issue, and/OR...... a major collapse of the current Insanian regime ( replaced by a more acceptable, reasonable version ).

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1 hour ago, Floridian said:

This doesn't sound so good to me (in regards to RV).

If Iraq has already paid Iran 50% of what's due, in Euros and the Dinar "programmed rate", then they've already given Iran a bunch of money that will supposedly be worth a lot more at RV time.  Why would they do that if RV is imminent?

 

 

"Iran is currently receiving the dues of exporting electricity to Iraq in the dinar and euro currencies," Haeri said in a statement to the Fars news agency. "Baghdad paid 50 percent of the total debts in this regard." 

Because maybe Iraq wants to help Iran.

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  • yota691 changed the title to Iraq completes linking energy with Iran and holds similar talks with three countries
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