Finance Minister: Agreement to activate the electrical connection between Iraq and Saudi Arabia

[yota691]

Finance Minister: Agreement to activate the electrical connection between Iraq and Saudi Arabia

 

 

- 23-05-2020 02:04 PM - Views: 6436

 

 

 

 

Finance Minister Ali Abdul-Amir Allawi announced today, Saturday, the agreement with Saudi Energy Minister Abdul Aziz bin Salman, to activate the electrical connection between Iraq and Saudi Arabia.

Allawi wrote in a tweet on Twitter: "During my meeting with Prince Abdulaziz bin Salman, it was agreed to activate the electrical connection between Iraq and Saudi Arabia, and to develop the energy market in addition to investment and participation in financing projects for the generation, transmission and distribution of electrical energy (renewable and conventional) in Iraq."

It is noteworthy that the Finance Minister Ali Abdul-Amir Allawi arrived in Saudi Arabia yesterday, Friday, on a visit that he said includes three axes to develop relations between the two countries.

[8th ID]

Thanks Yota! The Saudi’s are not gonna invest at a program rate! 

[Half Crazy Runner]

I’d even be happy with an IQD rate that’s equal to the Saudi Riyal. 
 

[King Bean]

               I'd be all over that, too, HCR !!

 

[yota691]

24-05-2020 01:01 PM

Source: Iraq touched on linking it to the electricity system of the Gulf Cooperation Council states

 

 

Baghdad / news

A senior political source revealed, on Sunday, that the Minister of Finance Ali Allawi, during his visit to Saudi Arabia and Kuwait, touched on linking Iraq to the electricity system of the Gulf Cooperation Council countries.

The source said to "Al-Akhbariya", "During his visit to Saudi Arabia and Kuwait, Finance Minister Ali Allawi touched on linking Iraq to the Gulf Cooperation Council electricity system."

He explained that "the system is a common electrical network between Saudi Arabia, Oman, Kuwait, Emirates, Qatar, Bahrain, capable of producing a large electrical surplus within 45 minutes and feeding any country that has a malfunction in electricity."

The source added in his speech, "Only Kuwait and Saudi Arabia are able to cover the need of Iraq."