Iraq is exploring alternatives to Iranian gas, considering options in the Gulf, particularly Qatar and Oman, to decrease reliance amid U.S. sanctions. The Iraqi government is also investing in infrastructure to enhance energy self-sufficiency, with planned floating LNG terminals expected to significantly boost gas supply by mid-year. The country’s energy crisis continues, compounded by erratic Iranian gas deliveries and ongoing domestic demand challenges.
Iraq is actively seeking alternatives to Iranian gas imports, notably exploring options in the Gulf to reduce dependency on Iran amid ongoing sanctions. U.S. decisions to withdraw sanctions waivers for electricity imports are pushing Iraq toward diversifying its energy sources. Currently, Iranian gas and electricity make up about thirty-three percent of Iraq’s energy requirements.
As stated by Saad Jassem from the Iraqi electricity ministry, policies are evolving to encourage a multi-source import strategy. While Iranian gas imports continue, Jassem highlighted the need for contingency plans against any potential disruptions. Qatar is positioned as a significant gas provider ready to support Iraq, while Oman has also been identified as a viable alternative. Negotiations are in progress for gas from Turkmenistan via Iranian pipelines.
Iraq plans to establish two floating liquefied natural gas terminals in Khor al-Zubair, aiming for operational status by June, with a capacity ranging from 14 to 19 million cubic metres daily. These facilities could substantially alleviate reliance on Iranian gas, which is crucial given the importance of energy supply to citizens. Iraq is working toward self-sufficiency by mitigating gas flaring to enhance power supply by 2028.
Faced with a complex balance between U.S. relations and Iran, Iraq aims to stabilize its energy sector. Since January, U.S. policies have tightened, driving Iraq to adapt as Iranian gas supply has become inconsistent due to payment issues and increased domestic consumption. An agreement between the two nations allows for up to 50 million cubic metres daily, but Iraq currently receives far less, highlighting the ongoing electricity crisis that triggers public unrest during summer months.
Iraq’s efforts to diversify its gas imports reflect its need to reduce reliance on Iranian gas amid geopolitical strains. By pursuing options in neighboring countries and investing in local infrastructure, Iraq aims for greater energy independence and stability. Challenges remain due to fluctuating Iranian supplies, yet proactive measures could improve the energy landscape for Iraq’s populace.
Original Source: www.wyomingnewsnow.tv
