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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's energy sector faces radical solutions to dispense with Iran

    Rocky
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    Iraq's energy sector faces radical solutions to dispense with Iran Empty Iraq's energy sector faces radical solutions to dispense with Iran

    Post by Rocky Sat 29 Dec 2018, 2:07 am

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    Iraq's energy sector faces radical solutions to dispense with Iran[/size]
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     one hour ago




    With US pressure to prevent the import of Iranian energy and heavy public protests over a chronic power outage, Iraq, one of the world's freest nations, is seeking long-awaited reforms, sources told AFP.
    With the formation of a new government, the Ministry of Electricity is considering several options, including restoring stations and pipelines to reduce waste, importing energy from other countries, and improving the collection process to boost revenues.
    Baghdad hopes to provide enough megawatts to cover the needs by summer, when millions are affected by power outages of more than 20 hours a day. But that does not mean that time is open. There is a deadline before things get worse. To protect its electricity sector, Iraq was granted a 45-day exemption from US sanctions imposed in November on Iran in its nuclear program, which was extended for 90 days.
    Iraq imports up to 28 million cubic meters of natural gas from Tehran to its factories and directly buys 1,300 megawatts of Iranian electricity. The Ministry of Electricity set a plan for independence from Iranian electricity within 18 months, and solved some of the problems accumulated a decade ago, according to the range in the name of the ministry Musab teacher. "Within two weeks, we will present our plan to the Americans, five years and will be evaluated annually from the American side," he said.
    Iraq is on 153 billion barrels of crude oil reserves, but needs higher-quality gas and fuel to run its power plants.
    The teacher acknowledges that if Iraq can dispense with Iranian electricity, it needs Tehran gas until it has the ability to extract its gas or invest gas burned during the extraction of oil. By using its fuel alongside Iranian gas, Iraq could produce about 16,000 megawatts of electricity. This is far less than the need, which starts at about 24,000 MW and reaches 30,000 in the summer, with temperatures reaching 50 ° C.
    Most of this shortage is technical. Iraq, when it transfers energy, is lost between 30 and 50 percent of it in poor infrastructure, according to the Iraqi Energy Institute. Some of them are outdated, but there are lines, pipelines and stations that have also been attacked by the Dahesh organization, which was defeated by the Iraqi security forces at the end of 2017. The rehabilitation of this infrastructure is essential in the plan of the Ministry of Electricity.
    The teacher notes the $ 10 billion MoU signed with Siemens and the $ 15 billion General Electric to improve infrastructure. That could add up to 24,000 megawatts in five years, "and we could get that to 40,000 megawatts," the teacher said.
    The new electricity minister, Louay Khatib of Siemens and General Electric, has asked for a quick route to boost power generation by summer. Baghdad is looking for ways to fund such efforts, including a $ 600 million financing deal between General Electric, the Iraqi Trade Bank and Standard Chartered, announced at the end of November.
    The teacher is referring to another ministerial initiative, including the replacement of Iranian energy with imports from other neighboring countries, including 300 MW from Turkey, Jordan and Kuwait, as well as Saudi solar energy. In a glimmer of hope for the success of the plan, Iraqi President Barham Salih toured Amman, Kuwait and Riyadh in his first regional tour since his election.
    In addition, Baghdad seeks to recover the money it lost as a result of the ministry's weak collection service. "We have a 60 per cent chance," he said. "If we reduce these rumors, we will lose the Iranian lines."
    Iraq began last year a privatization process by contracting with companies that offer the collection service to ensure the collection of electricity bills. "The process of privatizing the collection has actually reduced power cuts in Baghdad," said Samir Hussain, an employee at the distribution department at the Ministry of Electricity. "Those who pay, reduce their use by half, which allows me to redirect the hyphens to other neighborhoods and avoid cutting." But there are still obstacles, including Iran's late bills on previous imports.
    The draft budget for 2019 that Iraq allocated about 800 million dollars for the amount of Iranian gas arrears and about 350 million dollars to pay cash for Iranian electricity, according to the Iraqi Energy Institute. Another problem is that Iraq's electricity ministry is overflowing, says energy expert Harry Stepanian. For example, neighboring Kuwait generates electricity similar to Iraq, but its ministry employs 12,000, compared to 140,000 in Iraq. The ministry has also been accused of corruption on a large scale, and Khatib has vowed to investigate.
    "Everything that the minister is planning is doomed to failure, if there is no reform," he told AFP.



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