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Iraq says it has contingency plans in anticipation of halting Iranian gas imports DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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Iraq says it has contingency plans in anticipation of halting Iranian gas imports

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Iraq says it has contingency plans in anticipation of halting Iranian gas imports Empty Iraq says it has contingency plans in anticipation of halting Iranian gas imports

Post by claud39 on Fri May 17, 2019 11:52 am

Iraq says it has contingency plans in anticipation of halting Iranian gas imports




17/05/2019





Iraq says it has contingency plans in anticipation of halting Iranian gas imports Rc_155807251526_23







Iraqi Oil Minister Thamer Ghadhban said Iraq had contingency plans in anticipation of any disruption in Iranian gas imports to the country's electricity grid, but he hoped there would be no disruption. 
He added that the next meeting of OPEC's ministerial oversight committee in Saudi Arabia would assess the commitment of member countries to current production cuts, noting that current oil prices and markets are stable. 
Ghadban told reporters in Baghdad that Turkey had asked Iraq to buy more of its crude, a day after Iraqi Prime Minister Adel Abdul Mahdi went to Turkey to meet with President Recep Tayyip Erdogan. 
The comments come as the United States is increasing pressure on Iran, Iraq and its ally, to tighten sanctions, especially on Tehran's oil exports.
Iraq relies heavily on Iranian gas imports to provide electricity to the country, which is more expensive than usual during the summer months. 
The electricity blackout was among protesters' complaints at demonstrations that turned violent in Basra, Iraq's oil hub, last year. 
The United States is urging Baghdad to sign energy deals with US companies, including giving General Electric a stake in a $ 14 billion plan in the electricity sector that Washington says will help reduce Iraq's dependence on Iran's energy supplies. 
Al-Ghadhban added that the international oil companies are working normally and reassuring them that oil fields in the north and south of the country are safe and secure in light of the escalation of regional tensions between the United States and Iran. 
Ghadhban added that the Iraqi refinery in Karbala in the south of the country will start work in 2022 with a production capacity of 150 thousand barrels per day.







http://www.uabonline.org/en/news/arabicnews/15751604159315851575160216101602160816041573160616/63833/1
claud39
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