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OPEC Secretary General arrives in Baghdad Empty OPEC Secretary General arrives in Baghdad

Post by claud39 on Fri Sep 13, 2019 1:38 pm

[size=35]OPEC Secretary General arrives in Baghdad[/size]


2019-09-13



[size=35]OPEC Secretary General arrives in Baghdad Doc-P-318242-637039899099366402
[/size]


The Secretary General of the Organization of Petroleum Exporting Countries (OPEC) Mohammed Barkindo has arrived in Baghdad on an official visit to Iraq, the Oil Ministry announced Friday.


A spokesman for the ministry, Assem Jihad, said in a statement received, Alsumaria News, a copy of it, that "the Secretary of OPEC arrived in Baghdad today, and will meet during his visit with Deputy Prime Minister for Energy and Oil Minister Thamir Abbas Ghadhban and the Minister of Electricity and a number of officials in the three presidencies, as well as his presence Sessions of the Energy Conference, which will start tomorrow under the auspices of the Prime Minister. "






"He was received by Barkindo, Undersecretary of the Ministry of Oil for extraction Fayyad Hassan Nehmeh and a number of officials in the Ministry of Oil."


https://www.alsumaria.tv/news/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF/318242/%D8%A7%D9%84%D8%A7%D9%85%D9%8A%D9%86-%D8%A7%D9%84%D8%B9%D8%A7%D9%85-%D9%84%D9%85%D9%86%D8%B8%D9%85%D8%A9-%D8%A7%D9%88%D8%A8%D9%83-%D9%8A%D8%B5%D9%84-%D8%A8%D8%BA%D8%AF%D8%A7%D8%AF
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OPEC Secretary General arrives in Baghdad Empty Its Secretary General stresses the importance of Iraq's role in OPEC and its commitments

Post by claud39 on Fri Sep 13, 2019 7:23 pm

[size=36]Its Secretary General stresses the importance of Iraq's role in OPEC and its commitments[/size]




13/09/2019








OPEC Secretary General arrives in Baghdad 191392019_704DF878-3678-4114-A57F-2E515BD5FA22







BAGHDAD - The balance of News

The Secretary - General of the Organization of Petroleum Exporting Countries , Mohammed Barkindo, on Friday, the importance of Iraq 's role in OPEC and its obligations.

The press office of former Prime Minister Haider al-Abadi, in a statement received (Mawazine News), that the latter "received in his office today, OPEC Secretary-General Mohammed Barkindo and his delegation."

He added, "Abadi welcomed Barkindo and his delegation in Iraq, wishing him a pleasant stay in Iraq, praising his role in the leadership of the organization."
Barkindo gave a "presentation on the work of OPEC and its activities on world oil prices," stressing "the importance of Iraq's role in OPEC and its commitments."
The Secretary General of the Organization of Petroleum Exporting Countries



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OPEC Secretary General arrives in Baghdad Empty The start of the Iraq Energy Forum conference with a global presence

Post by claud39 on Sat Sep 14, 2019 6:36 am

The start of the Iraq Energy Forum conference with a global presence


14/09/2019


OPEC Secretary General arrives in Baghdad 17073


Economy News - Baghdad:


Launched in Baghdad, the conference of the Iraq Energy Forum 2019, with the presence of a large global and Arab including OPEC.


The conference bore the theme of “Economic Cooperation for Peace and Prosperity in the Middle East”, which will be held for four days at Al Rashid Hotel.


The conference will include a speech by OPEC Secretary General Mohammad Barkindo and four sessions to discuss the energy sector in Iraq and the region.


"The conference will discuss the challenges facing the oil sector in Iraq and the world," said Adnan al-Janabi, chairman of the Iraq Energy Forum. 




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OPEC Secretary General arrives in Baghdad Empty OPEC: Iraq continues to demonstrate its commitment to reduce production

Post by claud39 on Sat Sep 14, 2019 6:38 am

OPEC: Iraq continues to demonstrate its commitment to reduce production


14/09/2019





OPEC Secretary General arrives in Baghdad 17067





Economy News - Baghdad:

OPEC Secretary-General Mohammed Barkindo has welcomed Iraq's commitment to OPEC's decision to cut production.

Barkindo said in his speech at the conference of the Iraq Energy Forum 2019, and attended by the "Economic News", that "Iraq is a resource-rich countries is an effective and influential element in OPEC and all its decisions are taken into account."

He added that "can not implement Iraq's decisions without the presence of OPEC," noting that "OPEC is pleased to show Iraq its commitment to support its decision, especially in reducing production."





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OPEC Secretary General arrives in Baghdad Empty Oil Minister: Energy sector will witness reforms and restructuring

Post by claud39 on Sat Sep 14, 2019 6:42 am

 Oil Minister: Energy sector will witness reforms and restructuring


14/09/2019





OPEC Secretary General arrives in Baghdad 17069





Economy News - Baghdad:



Deputy Prime Minister for Energy, Thamer Ghadhban, said the Iraqi government is keen to develop the energy sector and facilitate procedures for investors, noting that the energy sector will witness reforms and restructuring.

`` We are committed to a clear policy towards the energy sector, which is of great interest to the Council of Ministers and the Iraqi government, as well as to the legislature represented by the oil and parliamentary energy committee, '' Ghadhban said in his speech at the 2019 Iraq Energy Forum conference attended by Al-Iqtisadiah.

He added that "this sector is the main engine of the economy because it accounts for more than 90% of the financial allocations in the budget law annually."

"We attach great importance to the continued activity of this sector and subject to clear policies aimed at Iraq to remain a major producer of oil and then gas."

He stressed that "the energy sector will see reforms and restructuring, which is the ministries to prepare policies and legislation while the companies take over the production process."

He continued that "the Ministry of Electricity is keen to implement large projects in the field of gas investment and stop waste," pointing out that "the Iraqi government is keen to develop and reform the work environment and facilitate procedures for investors and end the bureaucracy."
 


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OPEC Secretary General arrives in Baghdad Empty OPEC: demand for oil will increase to 112 million barrels per day

Post by claud39 on Sat Sep 14, 2019 6:44 am

OPEC: demand for oil will increase to 112 million barrels per day


14/09/2019





OPEC Secretary General arrives in Baghdad 948



Economy News - Baghdad:

OPEC Secretary General Mehmet Barkindo said that the demand for oil will increase to 112 million barrels per day in the coming period.

He added in his speech at the conference of the Iraq Energy Forum 2019, that the transport sector is witnessing great development and that until 2040, the wheels that use petroleum products are dominant.

He pointed out that it is necessary to use technology in the oil sector and the use of appropriate competencies, stressing that it is necessary to make the right to energy is a human right.



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OPEC Secretary General arrives in Baghdad Empty Siemens: We will sign an agreement to rebuild the Baiji plant

Post by claud39 on Sat Sep 14, 2019 6:46 am

Siemens: We will sign an agreement to rebuild the Baiji plant


14/09/2019



OPEC Secretary General arrives in Baghdad 17071







Economy News - Baghdad: 



Siemens chairman Joe Keizer said his company will sign an agreement today with the Ministry of Electricity to rehabilitate the Baiji power plant and supply the power system with 1.6 megawatts.

"Siemens has signed an agreement with Iraq to help it end the energy crisis," he said in his speech at the Iraq Energy Forum Conference 2019, which was attended by Al-Iqtisadiah.

He stressed that "Siemens current goal is to provide Iraq with 14.4 thousand megawatts during the next two years," adding that "the private sector in Iraq will be active after ending the electricity crisis because 80% of small and medium-sized companies will benefit from energy."





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OPEC Secretary General arrives in Baghdad Empty Electricity: We will supply 20% of solar energy in 2030

Post by claud39 on Sat Sep 14, 2019 6:49 am

Electricity: We will supply 20% of solar energy in 2030




14/09/2019




OPEC Secretary General arrives in Baghdad 13760


Economy News - Baghdad:

The Minister of Electricity, Louay al-Khatib, said that 20% of the electricity supply during the year 2030 will be renewable energy.

"The Ministry of Electricity is working very hard on the renewable energy sector," he said during an intervention at the first session of the Iraq Energy Forum 2019, which was attended by the Economy News.

He stressed that "the Ministry of Electricity is working to establish solar areas and we will enter during the next year 1000 megawatts of renewable energy."

"We hope to reach 20% of processing during 2030," he said.



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OPEC Secretary General arrives in Baghdad Empty WELCOME TO IRAQ ENERGY FORUM 2019 ABOUT CONFERENCE

Post by claud39 on Sat Sep 14, 2019 6:58 am

OPEC Secretary General arrives in Baghdad Logo2


Our Fifth flagship event returns to bring policy makers, government officials, experts, and investors together to discuss energy opportunities and strategies in Iraq, the region and the world.







[size=50]WELCOME TO IRAQ ENERGY FORUM 2019[/size]






ABOUT CONFERENCE


On behalf of Iraq Energy Institute, it is my pleasure to welcome you to the 5[size=11]th Iraq Energy Forum (IEF 2019), taking place in Royal Tulip Al-Rasheed Hotel, Baghdad, on the 14th – 17th September 2019.
Held in cooperation with the Government of Iraq, and in collaboration with the relevant ministries, the event brings together an exclusive line up of policy makers, government officials, industry leaders, experts, and the investor community.[/size]

The theme of IEF 2019 will be “Economic Cooperation for Middle East Peace & Prosperity”; as Baghdad strengthens its relations with its neighbours through diplomatic and trade ties, we will explore the impact of this strategy both within the Middle East and internationally in these politically tumultuous times.
IEF 2019 will address these and other key issues, including:


  • Iraq’s re-emergence after the war on ISIS and its position as a regional unifier;

  • Energy industry agility against global uncertainties and the role of OPEC;

  • The capacity of the energy sector in spurring synergies with the rest of the economy;

  • The rise of youth entrepreneurship and easing access to finance;

  • The role of technology driven innovation in creating a knowledge based economy and

  • Empowering women and ensuring their contribution to the economy.





We at Iraq Energy Institute are committed to creating a platform for professional dialogue where we can maximize opportunities inherent in some of the challenges facing the region and develop Iraq’s energy sector for the benefit of all Iraqis and the investor community in an open dialogue with the relevant stakeholders.



We look forward to welcoming you in Baghdad.

Professor Ali Sayigh

Iraq Energy Forum Chair
Iraq Energy Institute – Chairman of the Board



https://iraqenergy.org/ief2019/

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OPEC Secretary General arrives in Baghdad Empty Oil Minister: We are working to combat corruption by restricting investment business inside Iraq

Post by claud39 on Sat Sep 14, 2019 12:56 pm

Oil Minister: We are working to combat corruption by restricting investment business inside Iraq


14/09/2019





OPEC Secretary General arrives in Baghdad %D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-660x330




(Independent)… Oil Minister Thamer Ghadhban confirmed Iraq's keenness to provide all facilities for investment companies and businessmen to invest in the oil and energy sector and to attract the world to invest in Iraq.
Ghadhban said during his speech at the Iraq Energy Conference 2019 that `` Iraq welcomes the arrival of foreign international companies to invest in the oil sector in conjunction with the end of ISIS page and stresses keenness to provide all facilities for companies to facilitate their work and reform the working environment to be simplified and easy procedures for the investor. ''
"We are supplying all developments in the world at the level of technology or renewable energies at the same time, we are keen to preserve the environment, so the Oil Ministry seeks to enable a large segment of companies to invest gas and stop burning."
He pointed out that "the Iraqi government is working to combat corruption through the inventory of all business and investment within Iraq and be free of corruption deals." (The end)




https://www.mustaqila.com/%d9%88%d8%b2%d9%8a%d8%b1-%d8%a7%d9%84%d9%86%d9%81%d8%b7-%d9%86%d8%b9%d9%85%d9%84-%d8%b9%d9%84%d9%89-%d9%85%d9%83%d8%a7%d9%81%d8%ad%d8%a9-%d8%a7%d9%84%d9%81%d8%b3%d8%a7%d8%af-%d9%85%d9%86-%d8%ae/
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OPEC Secretary General arrives in Baghdad Empty Chairman of the Committee on Oil and Energy affirms during the Iraq Energy Forum determined to pass the oil and gas law

Post by claud39 on Sun Sep 15, 2019 9:42 am

[size=32]Chairman of the Committee on Oil and Energy affirms during the Iraq Energy Forum determined to pass the oil and gas law[/size]


15/9/2019



OPEC Secretary General arrives in Baghdad 079A3052-800x445



The Deputy Chairman of the Commission on Oil and Energy on Sunday 15/9/2019 during the Iraq Energy Forum in the presence of a number of members of the Committee, the House of Representatives and the Commission intend to pass the oil and gas law, calling on international companies to invest in energy.

MP Halbousi said during the forum held under the slogan (economic cooperation for peace and prosperity in the Middle East) in the presence of the Ministers of Electricity, Finance and Water, With the investment companies that we hope to provide a helping hand each according to its competence. ”

“The committee has prepared investment plans that include facilitating the work of investment companies by eliminating all sanctions and finding laws that are in line with the requirements of companies to ensure better investment in the field of energy, in addition to investment in other important areas such as health, education and services to ensure the building of the country and living and the speed of completion. These projects. ”

"The committee is determined to legislate the law of oil and energy to ensure the distribution of natural resources to all the Iraqi people equally."


"The committee is continuing to find solutions to the problems and shortages in the field of electrical energy, including the construction and development of transmission and distribution stations to be of high quality to ensure its stability," he said.

We have a plan to activate the investment in the field of renewable energy investment through the investment of solar energy to generate electric power to fill the shortage in energy and solve the problems of transport and distribution,” he said, inviting the competent companies in this field to submit their offers.

The Chairman of the Committee stressed that "we have plans to invest associated gas in oil fields and invested through the operation of operating fields in order to reduce pollution and emissions and strive to raise production rates associated gas."

Al-Halbousi stressed that "the committee is seeking to develop an integrated scientific program to restore our country to a distinguished regional center where our country is witnessing fundamental transformations in most areas after the elimination of ISIS terrorist gangs and the security and political stability." He stressed that "our committee has a plan in the field of oil exploration and development of gas fields by focusing on the development of the crutches and Mansourieh."

"The committee seeks to raise the rates of export of crude oil through the fields on which production is currently being developed and are currently being developed in various provinces, especially the joint fields between Iraq and neighboring countries," said Halbousi.

Al-Halbousi called on the investing companies to cooperate with all ministries and each according to the program designed to accomplish the current and future projects in order to ensure the achievement of the desired goal to provide all services at the lowest competitive prices to alleviate the burden of the Iraqi citizen and create jobs to eliminate unemployment because the country has all the ingredients to invest in the field. Invest in a fixed period of time.

He stressed that the committee opened all its doors at any time before foreign companies to overcome all obstacles and difficulties in order to open investments in all areas.

The Chamber of Deputies
Information
Department 15/9/2019





http://ar.parliament.iq/2019/09/15/%d8%b1%d8%a6%d9%8a%d8%b3-%d9%84%d8%ac%d9%86%d8%a9-%d8%a7%d9%84%d9%86%d9%81%d8%b7-%d9%88%d8%a7%d9%84%d8%b7%d8%a7%d9%82%d8%a9-%d9%8a%d8%a4%d9%83%d8%af-%d8%ae%d9%84%d8%a7%d9%84-%d9%85%d9%86%d8%aa%d8%af/


Last edited by claud39 on Sun Sep 15, 2019 1:35 pm; edited 1 time in total
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OPEC Secretary General arrives in Baghdad Empty America: Iraq is heading in the wrong direction with business and there is a challenge for foreign investors

Post by claud39 on Sun Sep 15, 2019 1:26 pm

[size=36]America: Iraq is heading in the wrong direction with business and there is a challenge for foreign investors[/size]




14/09/2019







OPEC Secretary General arrives in Baghdad 161492019_65465464









BAGHDAD -

The US ambassador in Baghdad, Matthew Toller, on Saturday, that Iraq is moving in the wrong direction with business, while pointing to a challenge to foreign investors.

"I would like to encourage our Iraqi friends as they seek to improve the general climate for investment and ease of doing business in the energy sector," he said in a speech at the Iraq Energy Forum. As a force multiplier in efforts for Iraq. "

"The investment climate in Iraq remains a challenge for US and other international investors. The ability of companies to make a profit is a critical factor in determining their willingness to invest," he said. To withstand financial risks in sectors that require large capital such as the energy sector will be limited. "

`` Iraq is moving in the wrong direction in this regard, falling from 168th place in the 2018 World Bank report on ease of doing business to 171st place in the 2019 report. ''

“The World Bank identifies a number of risk factors for Iraq, including the inability of people to access credit and the lack of an effective mechanism to resolve bankruptcies. Individuals and companies to have access to electricity. "

He noted that the World Bank commends the Ministry of Electricity for the preparation of successful procedures to link individuals and companies to the supply of electricity available, but the Bank also points to many areas where Iraq can improve this service.


 According to the Bank, Iraq faces many shortcomings This part of the Ease of Doing Business category is undermined, as Iraq lacks an independent regulatory entity that monitors performance, reliability of electricity supply and financial deterrents aimed at reducing power outages and achieving transparency in the online system used to deliver tariffs. Rbaiah ".

"The gas in Iraq burns more than anywhere else in the world, this process is wasteful and ineffective and contrary to the self-sufficiency of energy in Iraq, this gas must be invested and processed and delivered as feedstocks to provide power stations in Iraq," Ended / 29 BC







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OPEC Secretary General arrives in Baghdad Empty Electricity enters into a contract with Siemens for the rehabilitation of the first and second Baiji gas stations

Post by claud39 on Sun Sep 15, 2019 1:38 pm

[size=35]Electricity enters into a contract with Siemens for the rehabilitation of the first and second Baiji gas stations[/size]


2019-09-14




[size=35]OPEC Secretary General arrives in Baghdad Doc-P-318288-637040557327432489
[/size]




The Ministry of Electricity announced on Saturday a contract with the German company "Siemens" for the rehabilitation of the first and second gas stations Baiji.


The ministry said in a statement received by Alsumaria News, that "within the activities of the Iraq Energy Forum, which opened on Saturday at the Rashid International Hotel, in the presence of the Prime Minister's representative, Deputy Prime Minister for Energy and Oil Minister Thamer Ghadban, and the Minister of Electricity Louay Khatib, the Ministry of Electricity A contract with the German consortium Siemens and Orascom to rebuild and rehabilitate the first and second Baiji gas stations in Salah al-Din governorate, by 10 generating units, in addition to the rehabilitation and installation of power transmission networks (400 kV) and (132 kV). For both stations. "






The ministry added that "the contract amounted to (one billion three hundred and twenty million dollars), and a gradual completion period of (28) months. The Ministry of Electricity was represented by the signing of the contract Director General of the General Company for Energy Production Northern Region Walid Khaled, and represented the German company Executive Director of the energy sector Secretary, in the presence of Executive Director Joe Kaiser. "

The statement quoted Electricity Minister Luay Al-Khatib as saying that "this contract, within the plan prepared by the Ministry of Electricity to rehabilitate the electricity sector in Iraq in general and liberated areas in particular, where will be added (1690) MW to the production system after the entry of these two stations to service , Which were destroyed by ISIS terrorist gangs. "


Khatib pointed out that "the contract is the first phase of the agreement with the German company Siemens, and will be followed by a series of other contracts, including the sectors of production, transport and distribution."


https://www.alsumaria.tv/news/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF/318288/%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A1-%D8%AA%D8%A8%D8%B1%D9%85-%D8%B9%D9%82%D8%AF%D8%A7%D9%8B-%D9%85%D8%B9-%D8%B3%D9%8A%D9%85%D9%86%D8%B2-%D9%84%D8%AA%D8%A3%D9%87%D9%8A%D9%84-%D9%85%D8%AD%D8%B7%D8%AA%D9%8A-%D8%A8%D9%8A%D8%AC%D9%8A-%D8%A7%D9%84%D8%BA


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OPEC Secretary General arrives in Baghdad Empty Electricity concludes contract to establish two lines of energy import from the Gulf system

Post by claud39 on Sun Sep 15, 2019 1:47 pm

[size=35]Electricity concludes contract to establish two lines of energy import from the Gulf system[/size]


2019-09-15



[size=35]OPEC Secretary General arrives in Baghdad Doc-P-318373-637041416928929860
[/size]




The Ministry of Electricity announced on Sunday that it has entered into a contract with the Gulf Interconnection Authority (GCC), a subsidiary of the Gulf Cooperation Council (GCC), to establish two high-voltage power transmission lines (400) kV.


The ministry said in a statement received by Alsumaria News that "its Minister Louay al-Khatib has signed a contract with the Gulf Linkage Authority, affiliated to the Gulf Cooperation Council, to establish two lines for the transmission of high-voltage power (400) kV."





 
She added that "the Gulf linkage will bear the cost of the construction of the two lines, which will be a length of 300 km, divided over two distances, inside Iraq 80 km, and inside the State of Kuwait 220 km, to be linked to the Iraqi national system, Al-Faw transformer station 400 KV, on the one hand, It is an extension of the baseline of the Gulf link from the other side. "
 
The ministry added that it is hoped to import 500 megawatts as a first phase, which will be processed after the completion of the two lines before the summer of 2020, and at the competitive Gulf market prices that will be differentiated after the completion, Continuous (HVDC, between Iraq and the GCC, and between Europe. "

 
Iraq imports electricity from Iran through four lines, while also importing dry gas to run some power plants.


https://www.alsumaria.tv/news/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF/318373/%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A1-%D8%AA%D8%A8%D8%B1%D9%85-%D8%B9%D9%82%D8%AF-%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D8%AE%D8%B7%D9%8A-%D8%A7%D8%B3%D8%AA%D9%8A%D8%B1%D8%A7%D8%AF-%D8%A7%D9%84%D8%B7%D8%A7%D9%82%D8%A9-%D9%85%D9%86-%D8%A7%D9%84%D9%85%D9%86



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OPEC Secretary General arrives in Baghdad Empty The Kurdistan Region announces the arrival of its electricity production to 6737 MW

Post by claud39 on Tue Sep 17, 2019 7:54 am

The Kurdistan Region announces the arrival of its electricity production to 6737 MW




17/09/2019





OPEC Secretary General arrives in Baghdad 17135





Economy News - Baghdad:

The Minister of Electricity of the Government of Iraqi Kurdistan, Kamal Mohammed Saleh, announced that the production of the Kurdistan region of electricity to 6737 MW.

Saleh said in his speech during the conference of the Iraq Institute of Energy and attended by "Economy News", that "the Kurdistan region through investment and provide large facilities to investors was able to increase its production of electricity to 6737 MW" the black".
He stressed that "the highest consumption of electricity during the winter period up to 5500 MW, which reached the processing hour more than 22 hours a day, but the security events order electricity up to 5500 MW in winter and the processing hours reached more than 22 hours."

He continued that "the security events, which was represented by the entry of ISIS and the displacement of a large number to the Kurdistan region, affected the service sector, bringing the processing of the region from 8-10 hours a day instead of 22 hours and this cost the Kurdistan region 130 billion dinars."

Saleh, Minister of Electricity Loay Al-Khatib, called for studying the national network as well as the Kurdistan Regional Network for cooperation and the possibility of equipping one another, in addition to the introduction of 125 megawatts through the provision of fuel and pay the wages of investors in cooperation and distribution of their production between the two parties.



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OPEC Secretary General arrives in Baghdad Empty $ 220 million cost of the transmission line from the «Gulf link» to Iraq

Post by claud39 on Tue Sep 17, 2019 9:12 am

$ 220 million cost of the transmission line from the «Gulf link» to Iraq


-17/09/2019





OPEC Secretary General arrives in Baghdad Rc_156870268589_23




The Gulf Electricity Interconnection Authority (GEWA) signed yesterday an agreement, the first of its kind with Iraq, to ​​supply the southern regions through Kuwait by about 500 megawatts by 2020.


 According to the 'AFP', the transmission line is 300 kilometers from Kuwait to the port of Faw in the south Iraq, and its construction will cost about $ 220 million, while practical import will require the signing of an independent agreement. The agreement was signed on the sidelines of an energy conference in Baghdad. 


The GCC line will supply Iraq with power in several years with up to 2,000 megawatts, according to the Iraqi Electricity Ministry. The contract is the ministry's second deal in two days aimed at boosting electricity, which currently stands at around 15 gigawatts, well below domestic demand of at least 24 gigawatts.


 "This is the first of its kind with the GCC," Khatib said. Iraq is also conducting separate talks with its neighbors Saudi Arabia, Jordan and Turkey to import electricity. 


The deal comes a day after Iraq signed a $ 1.3 billion contract with Germany's Siemens to add 1.7 gigawatts to the national grid by repairing destroyed power plants in the northern city of Baiji. Iraq's power grid has been affected by decades of conflict and poor maintenance, causing frequent power cuts across the country.






http://www.uabonline.org/en/news/arabicnews/22016051604161016081606158316081604157515851578160/67822/0
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OPEC Secretary General arrives in Baghdad Empty Speech by Deputy Prime Minister for Economic Affairs and Minister of Finance at the Iraqi Energy Conference, Baghdad 2019

Post by claud39 Today at 7:51 am

Speech by Deputy Prime Minister for Economic Affairs and Minister of Finance at the Iraqi Energy Conference, Baghdad 2019




Monday, September 16, 2019




OPEC Secretary General arrives in Baghdad Ed733421-621c-40d2-8804-870144accc8f





Ladies and Gentlemen, Distinguished Guests:

Good morning to all of you:

 

[rtl] I am delighted to be here among a group of politicians, businessmen, academics, public sector officials and intellectuals, to discuss and exchange views on the role of energy in our daily lives and how it can contribute to supporting the country's economy and achieving economic growth and stability.[/rtl]

[rtl]As you know, distinguished people, Iraq was fighting a few years ago, the "battle of survival and existence" against a brutal and ruthless enemy, represented by the ISIS terrorist who occupied almost a third of Iraq. An enemy was very generous with the level of brutality and destruction that he gave to the areas he controlled. It is necessary to say here that the support and support of our friends in the world helped us to achieve victory. This victory was also achieved as a result of the united and joint action of the army, the Hashd and the Peshmerga, the police, the security forces, the clans and large segments of the people. But what cost us these battles? Terrorism has destroyed many cities and its infrastructure has become useless debris (the total reconstruction needs are estimated at $ 88 billion). Millions of people have been displaced to stay in the camps (according to available statistics estimated at more than a million and a half displaced). Thousands are still missing.[/rtl]

ladies and gentlemen:

[rtl]Since its inception less than a year ago, this government has made some achievements. For example, the security situation has improved significantly. It is possible for any follower to notice this when he wanders in Baghdad or other cities and regions in Iraq. However, it would be a mistake on our part to claim that the ISIS threat has completely ended. This evil organization still has pockets scattered in several areas of Iraq.[/rtl]

[rtl]Our security forces are able to track these evil elements to get rid of them.[/rtl]

[rtl]I am sure that most of you agree with me, that the current danger of ISIS is not in a few terrorists left behind here and there, but lies in laundering the minds of children and vulnerable families, especially in detention areas and camps for the displaced, with extremist ideas and beliefs. We are going down, and we will continue to fight and fight this threat, knowing that this task will not be easy and therefore the support of our friends in the international community will be required.[/rtl]

 

[rtl]ladies and gentlemen,[/rtl]

[rtl]We have also begun to reform bureaucratic systems and take action, to modernize the systems and then gradually move from obsolete paper-based operating mechanisms to e-governance. Here I would like to clarify about the new method that we used to prepare the annual budget of the State. In order to prepare the annual budget for the coming year, we started adopting "project and performance budgets instead of the old traditional method of preparing budgets." The aim is to develop budgets based on accurate estimates of real needs, designed to focus on achieving tangible results rather than on reducing expenditures. Another positive aspect of this practice is the active involvement of local and regional governments in planning the preparation of the annual budget. This in itself will support our approach to decentralization, which we have partially embraced this year. Yes, ladies and gentlemen: We are translating the slogan of "federalism" and decentralization in the constitution into reality. Now, local and regional authorities plan and prioritize and be responsible for managing their provinces.[/rtl]

[rtl]As we begin this step to prepare the program budget and performance, we are fully aware that this process is long and needs years, but we will start with the first step,[/rtl]

[rtl]Honorable Plural,[/rtl]

 

[rtl]As I noted above, this government has begun to take a few steps to normalize positions and promote stability. Some of these steps are:[/rtl]

[rtl]1. Tightening ties between Baghdad and Erbil and starting to address the outstanding problems that have accumulated for several years, including the removal of tension in the disputed areas, and the agreement on the common customs tariff, which has been scattered since 1991, and began a constructive dialogue to solve the oil and financial problem,[/rtl]

 

[rtl]2. Fighting Corruption by establishing the Higher Anti-Corruption Commission and assigning it to fight corruption and corrupt people seriously. The anti-corruption measures we have adopted are increasing the use of electronic or plastic money and reducing cash payments. The majority of public sector employees' salaries and retirement benefits are paid today through regular bank accounts.[/rtl]

 

[rtl]3. Increase our non-oil imports of taxes, customs revenues, local loan payments and other basic services such as water and electricity.[/rtl]

[rtl]4. Reworking the work of government banks and converting them from credit and savings banks in particular to, also, investment banks. And create appropriate legal and regulatory conditions for them to build partnerships with global banks,[/rtl]

[rtl]5. Reorganize and reformulate existing government insurance companies, so that they play an essential role in the insurance markets and in cooperation with the private sector in the partnership and improve procedures and revenue consolidation,[/rtl]

[rtl]6. Transforming many financially losing government companies into partnership-based companies, developing profitable government companies into shareholding companies, thereby reducing public sector job inflation, reducing government expenditure, and increasing revenues.[/rtl]

 

[rtl]ladies and gentlemen :[/rtl]

[rtl]I think it is important to mention some details of two issues among the main themes of this conference. We also reflect our strong belief in the relationship between energy on the one hand and development, stability and economic growth on the other.[/rtl]

[rtl]In 2019, we were able to complete all the necessary legal approvals, contracts and agreements to contract with some of the world's energy giants to develop and expand our national electricity grid, connect the national grid with neighboring countries and work hard to benefit from our gas wealth for local use. Then gradually for export also. This is an essential part of our policy to make Iraq independent in the area of ​​Altaf, and has a stable and continuous electricity supply, and additional financial imports derived from the optimal investment of our natural resources.[/rtl]

[rtl]There is an indication of the rapid success of this energy policy, which also came during the hard work of technical teams by the Ministry of Electricity. It has become clear when comparing the summer season of this year with the previous year for production and saving electricity. In the summer of 2018, demonstrations in Basra and southern cities reflected strong public discontent against the lack of services, particularly electricity. These demonstrations in their growing period have become almost a "popular sit-in." During the last peak this summer, we have not seen such demonstrations. This is an indication that citizens are not frustrated, or perhaps less frustrating !! Towards the provision of services in the field of electricity.[/rtl]

[rtl]It's proof that we're on the right track.[/rtl]

[rtl]2 - The Iraqi government adopts plans and directions for investment in productive sectors such as the agricultural and industrial sector. Iraq has the basics of both. The existence of two major rivers provides fertile land and large and productive agricultural communities in this context. Recognizing that this sector has deteriorated and even collapsed in the past decades. Investment, good governance, and modern technology will make Iraq a major producer and exporter of many agricultural products. With industry, some state-owned companies that are completely or partially out of business may need to invest the same as in the agricultural sector, or turn them into a state of partnership with the private sector, as mentioned earlier. Success in developing these two sectors means creating jobs for our youth, more non-oil revenues, and a stable country that contributes to the stability of the entire region.[/rtl]

 

ladies and gentlemen :

But in this course we face and collide with the following problems:

 Central mentality and culture prevailing in many parts of the state

Weak investment situation, especially foreign investment

3. Cases of corruption in some state institutions

4. Underdeveloped bureaucracy and certain laws which are the product of the previous regime, which are contrary to the Constitution

5. The banking system inconsistent with investment plans

Our diagnosis of these challenges requires us to work hard to remove them and in the coming years to continue the process of sustainable development. Under the Iraqi National Development Plan 2018-2022 issued by the Iraqi Ministry of Planning, these challenges are classified as follows:

- "Institutional" such as low institutional efficiency, "deteriorating investment climate, unbalanced trade, banking system inconsistent with investment philosophy, limited private sector role, and other" environmental "and" social "challenges.

[rtl]One of these social challenges facing our country, which negatively affects the economy, is the theme of women. Women in Eastern societies in general, to which Iraq is no exception, are subject to injustice and unfair treatment resulting from old social customs and traditions. This fact is reflected as an economic and social problem as it created obstacles for women and hindered their natural productive role as workers and leaders, while depriving our economy of an important productive segment of the local workforce.[/rtl]

[rtl]Of course we have begun to address some of these obstacles and we are now at different stages of addressing each. But at the same time we are realistic. We know that in a short time we cannot overcome all the administrative, legal, social and other chronic problems that we inherited from decades of sanctions, wars and civil unrest.[/rtl]

[rtl]I will conclude with this Chinese proverb: the journey of a thousand miles begins with one step. We have moved forward dozens if not hundreds of steps, and we continue.[/rtl]



Thank you very much and good listening.




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