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Iraq awaits winner of "power race" DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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Iraq awaits winner of "power race"

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Iraq awaits winner of "power race" Empty Iraq awaits winner of "power race"

Post by RamblerNash on Thu Dec 13, 2018 12:05 am

Iraq awaits winner of «power race»

Between Washington and Tehran ...

12/12/2018 - 20:12

Iraq awaits winner of "power race" C92d17f0ab42cd2462f5f75ea41411ec_L

Iraq plans to send a delegation to the United States to seek an exemption from sanctions against Iran, which will allow it to continue importing gas from Tehran.

Prime Minister Adel Abdul Mahdi said in an official statement on Wednesday that "the issue of gas is related to the sensitive matter of electricity. The American side understands this situation and is trying to deal with Iraq to find ways to avoid pressure on Iraq."

Iraq imports up to 28 million cubic meters of natural gas from Tehran and directly buys 1,300 megawatts of Iranian electricity.

The statement comes after a meeting between Abdul Mahdi and US Energy Secretary Rick Perry, who arrived in Iraq with a large delegation of about 50 US businessmen, according to the statement.

On the sidelines of a two-day conference for the largest US trade delegation to Iraq, Perry said that his country is prepared to contribute to "develop and support the electric and oil sectors according to the plans, directions and priorities of the Iraqi government." He suggested Iraq end its dependence on " , In reference to Iran, as interpreted by observers.

The race is raging on Baghdad

The visit of the US Secretary of Energy came one day after the announcement of Iran's economic affairs adviser Hassan Danei fled his energy minister's visit to Iraq soon.

Competition in the "power race" intensified after Iraq's electricity minister, Loay Khatib, took office in the first batch of Prime Minister Adel Abdulmahdi, who seemed eager to provide the minimum 20-hour working hours across the country.

The Iranian adviser, according to a statement by the Iraqi Ministry of Electricity, said on Monday that his country is committed to Iraq with contracts to supply electricity and gas, and that what happened last summer will not be repeated next summer, especially after the availability of large quantities of water contributed to increase electricity production in Iran.

«The Right Option» ..

Last November, Iran's deputy electricity chief Biyam Bagheri said about calls in Iraq to dispense with the energy imported from Iran, saying that "the need for Iraq's electricity to Iran is so great that it can not overlook Iran's electricity; because when we had to Last summer and because of the peak consumption to stop the export of electricity to Iraq, there has been a severe crisis in this country ».

"The availability of electricity in Iraq depends on the rate of consumption of electricity by the Iranian individual in his country," said Repuwar Taha, a member of the oil and gas committee in the Iraqi parliament.

On the other side, the United States is offering a comprehensive plan of action for the deployment of fast and well-thought-out power generation technologies and improvements to existing power plants to supply the grid with an additional 1.5 gigawatts of power by 2019.

The company, "General Electric" America, which received the support of President Donald Trump to win the contracts to promote electricity in Iraq, the development of substations and extension of air lines in the country, and these initiatives can add a total of up to 14 GW of energy in the long term, Company.

Victory in the siege

Iraq does not show any inclination or bias towards the state at the expense of the other, it signs memorandums of understanding here and there, which makes its role in resolving the race and declare the winner in one of Iraq's largest energy deals.

"The United States is counting on punishing Iran to cut its electric wires out into Iraq," said Rashid al-Zubaidi, a political science professor at Sulaymaniyah University in Basnoyos.

Zubaidi ruled out that «Washington forces the Iraqi government directly to stop the import of Iranian electricity at the expense of the entry of US energy companies to the country; for fear that Tehran targets electricity projects that may be operated by American companies».

On November 5, 2018, the United States began implementing its second package of economic sanctions on Iran, including the energy, finance and shipping sectors.

The United States targets these sanctions, aimed at restricting the international trade activities of Iran's oil company, the country's heavily export-dependent economy.

"Restricting some of Iran's commercial activities, especially with neighboring countries, is part of Washington's plans to acquire the energy market in Iraq instead of Iran," Zubaidi said.


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