beyondmsn.com

Breaking news and insights at beyondmsn.com

Iraq’s Ministry of Electricity Seeks Gas Supply Contract with Kazakhstan

The Iraqi Ministry of Electricity is planning to contract with Kazakhstan to supply Iraq with 20 million cubic meters of gas. This move addresses current fuel shortages stemming from the depletion of reserves and unreliable Iranian gas imports, impacting power generation efficiency.

In a significant development regarding Iraq’s energy needs, the Ministry of Electricity (MOE) has initiated plans to enter into a contract with Kazakhstan for the supply of natural gas. This decision comes amid ongoing challenges regarding fuel supply for power generation within the country. Today, during a committee meeting, the MOE presented its plans to the Oil, Gas and Natural Resources Committee, highlighting the urgent need to address the current energy shortages primarily caused by the depletion of strategic reserves of kerosene and gas oil.

The Iraqi energy sector faces considerable difficulties, particularly due to its dependency on imported gas, primarily from Iran. Problems with gas supply have resulted in significant operational disruptions in power generation, forcing facilities to rely on kerosene as an alternative fuel, which is both costly and less efficient. Consequently, as Iraq seeks to stabilize its energy supplies, establishing a partnership with Kazakhstan for natural gas is viewed as a strategic move to ensure a more consistent and reliable energy source.

The proposed collaboration between Iraq and Kazakhstan for the gas supply is a crucial step toward enhancing Iraq’s energy security. As the country grapples with supply issues, such contracts may alleviate existing pressure on the power generation sector and mitigate the adverse effects on the populace caused by fuel shortages.

Original Source: ina.iq

Raj Patel

Raj Patel is a prominent journalist with more than 15 years of experience in the field. After graduating with honors from the University of California, Berkeley, he began his career as a news anchor before transitioning to reporting. His work has been featured in several prominent outlets, where he has reported on various topics ranging from global politics to local community issues. Raj's expertise in delivering informative and engaging news pieces has established him as a trusted voice in contemporary journalism.

Leave a Reply

Your email address will not be published. Required fields are marked *