Iraq is exploring alternatives to Iranian gas imports to reduce dependence on Iran amidst U.S. sanctions pressures. Officials are negotiating with Qatar, Oman, and Turkmenistan while developing LNG terminals to enhance energy self-sufficiency. Despite existing agreements, actual Iranian gas deliveries remain low, contributing to ongoing electricity shortages.
Iraq is actively seeking alternatives to its reliance on Iranian gas imports, which constitute one-third of the nation’s energy supply. Amidst the recent U.S. decision to end a sanctions waiver for Iranian electricity purchases, Iraqi officials, including Saad Jassem from the electricity ministry, indicate a political commitment to diversify energy sources. Keeping Iranian imports intact for now, Jassem noted that Iraq is exploring options such as gas from Qatar and Oman, as well as negotiations with Turkmenistan for pipeline deliveries through Iran.
In efforts to enhance its energy independence, Iraq is constructing two floating liquefied natural gas terminals in Khor al-Zubair, anticipated to be operational by June, with the capacity to process between 14 to 19 million cubic metres daily. Jassem emphasized the importance of energy for citizens, stating that any disruption in gas supply would severely impact electricity availability. Iraq’s Prime Minister Mohammed Shia al-Sudani is spearheading initiatives to eliminate gas flaring by 2028 to ensure domestic energy sufficiency.
However, Iraq faces challenges in balancing its relationships with both Iran and the United States. Despite a renewed five-year gas import agreement with Iran, actual deliveries have been significantly lower than the contracted amount, prompting further investigation into alternative energy sources. The ongoing power shortages in Iraq, especially in the scorching summer months, have fueled public unrest and protests, underlining the critical nature of the energy situation in the country.
In summary, Iraq aims to reduce its reliance on Iranian gas amid geopolitical tensions and is actively pursuing alternative energy sources including Qatar, Oman, and Turkmenistan. The development of new LNG terminals in Khor al-Zubair is a pivotal step towards energy independence. However, balancing relations with Iran and the United States remains a significant challenge, particularly in light of ongoing power shortages affecting the Iraqi populace.
Original Source: www.wyomingnewsnow.tv
