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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Iraq rejects US proposal to cut off Iranian gas

    Rocky
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    Iraq rejects US proposal to cut off Iranian gas Empty Iraq rejects US proposal to cut off Iranian gas

    Post by Rocky Sat 24 Nov 2018, 9:23 am

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    Iraq rejects US proposal to cut off Iranian gas

    The Iraqi government has rejected a proposal by the US administration to compensate for Iranian gas.
    According to a report in The Wall Street Journal, the United States is pressing Iraq to cut off energy ties with Iran, which is recruiting US companies and their allies such as Saudi Arabia to develop alternatives.
    Despite Iraq's position as a major producer of oil, Iraq relies on Iran for natural gas, which generates up to 45% of its electricity.
    Washington fears its pressure on Baghdad over sanctions could weaken the country, which has just emerged from a three-year war against a terrorist organization. Officials and analysts say major pressure could also backfire by pushing Iraq closer to Iran. .
    The United States gave Baghdad an exemption for 45 days of Iranian sanctions, allowing it to keep imports of natural gas. But US officials concede that Iraq will need more time to curb its need for Iranian energy supplies and Iraqi officials expect the exemption to be extended for years.
    "This is a challenge for us if the United States puts great pressure on us, which could destabilize us and thus destabilize the region," said Raed Fahmi, a deputy for the Suron bloc. This is what the Americans do not want.
    US energy companies are offering their bids to Iraq and possible ways to meet their energy needs. In recent months, Washington has offered proposals to help Iraq, including using gas from the country's oil fields and developing a non-compliant electricity grid.
    Last week, Texas-based Exelerate Energy representatives traveled to Baghdad to propose a floating liquefied natural gas facility to Iraq at a meeting that US diplomats helped arrange, officials involved in the discussions said, but Iraqi officials were reluctant to accept the proposal because they felt He is led by American interests.
    An Exeter spokeswoman said such a floating station "could provide benefits for Iraq," but the company's policy is not to discuss business opportunities.
    A Saudi official said the United States had asked Saudi Arabia's rival to invest in energy and other infrastructure in southern Iraq. Saudi Energy Minister Khalid al-Falih traveled to Baghdad this month and met with his Iraqi counterpart to discuss cooperation in energy and electricity. Adel Abdul Mahdi
    "Iraq does not want to become part of a conflict that is not a part of it," Prime Minister Adel Abdul Mahdi told a news conference, referring to his country's stance on sanctions against Russia, China and Europe.
    Iraqi officials recently put forward the idea of ​​paying for food and humanitarian supplies.
    Kazem al-Hassani, economic adviser to Prime Minister Adel Abdul Mahdi, who led a negotiating delegation to ease sanctions with the United States, said Iran's independence was in Iraq's interest before it became a demand from any other side.
    "It may take more than a year for Iraq to develop new ways to generate or import natural gas," said Sara Vakhshuri, director of a Washington-based energy consultancy, SBSP International. Iraq imports electricity from Iran to operate almost a million homes a year and buys 28 million cubic meters of Iranian gas every day, which is consumed almost daily by Massachusetts.
    US pressure has prompted the resumption of the export of about 50,000 barrels of oil a day from the northern city of Kirkuk. Exports from Kirkuk have been reduced over the past year.
    Until recently, Iraq had transported about 30,000 barrels per day to nearby Iranian refineries. In return, Iran was delivering the same amount of its own oil to Iraq's southern ports for export - an arrangement that made crude transportation more convenient for both sides. The swap was suspended before the new US sanctions on Iran took effect on Nov. 5.
    "We support Iraq's efforts to develop its energy sector," said a State Department official. "The protests in Basra due to the lack of electricity earlier this year highlight the need for Iraq to achieve energy independence."

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