Iraq is seeking to reduce its dependence on Iranian gas imports due to US sanctions and is exploring alternatives in the Gulf, including Qatar and Turkmenistan. The country is establishing LNG terminals to bolster energy security. However, ongoing protests highlight the urgency of addressing electricity shortages exacerbated by Iranian supply issues.
Iraq is actively seeking alternatives to its reliance on gas imports from Iran, focusing on options from the Gulf region. With recent US sanctions impacting its energy agreements, Iraq aims to diversify its gas sources to maintain energy stability. Saad Jassem of Iraq’s electricity ministry stressed the government’s commitment to exploring multiple imports to mitigate dependence on Iran, which currently supplies a substantial portion of its energy needs.
While Iran’s gas supply is pivotal, the Iraqi government has not ceased Iranian gas imports yet. In reaction to heightened tensions between Washington and Tehran, a US diplomat indicated that swift action is necessary to reduce all Iranian gas purchases. Iraq, despite its oil wealth and current challenges like crumbling infrastructure and consistent power shortages, prepares contingency plans for potential gas disruptions.
Jassem mentioned that Qatar, as a major natural gas producer, is engaged with Iraq to provide assistance, alongside Oman being considered as a viable alternative. Additionally, gas procurement talks with Turkmenistan are in progress, potentially utilizing pipelines through Iran. To enhance energy independence, Iraq is establishing floating liquefied natural gas terminals in Khor al-Zubair, expected to process substantial gas volumes by June, which will help alleviate the Iranian supply shortfall.
The energy situation is critical, as disruptions could significantly reduce electricity availability for citizens. Prime Minister Mohammed Shia al-Sudani’s administration aims to eradicate gas flaring in oil fields by 2028, transitioning this resource to power generation. Although Iraq and Iran have renewed their import agreement for up to 50 million cubic meters daily, Iraq presently receives a mere fraction of that amount, intensifying electricity shortage concerns, particularly amid extreme temperatures that have triggered public discontent.
Iraq confronts the challenge of energy reliance on Iran by exploring gas alternatives in the Gulf. Amidst US sanctions impacting imports, the government is pursuing diverse sources to secure energy needs and enhance electricity supply. Establishing new LNG facilities and negotiating with regional partners like Qatar and Turkmenistan are strategic moves vital to reducing dependence on Iranian gas, crucial for national stability.
Original Source: www.wyomingnewsnow.tv
