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US report: Iraq is wasting ten times the quantities of gas imported from Iran
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A report published by the Washington Institute for Near East Policy points to the nature of energy deals with Iran and the quantities Iraq imports from electricity and natural gas.
"The transfer of energy between Iran and Iraq is a potential source of much-needed hard currency for the Iranian security agencies, where Iran has historically used Iraq as a source of the US dollar," said Michael Knight, a researcher with two center researchers.
Iraq imports between 500 megawatts of electricity from Iran in the winter and 1200 MW in the summer at a cost of about $ 1.2 billion per year. Among the terms of the US exemption, Iraq must pay in exchange for dinars, not US dollars.
On the purchase of Iranian gas, the report of the "BP" of the "Global Energy Statistical Review" for 2018 that the gas exports from Iran to Iraq amounted to 154 million cubic feet per day, allowing Baghdad to generate at least 1000 MW Of electricity, with plans to increase it to 4000 MW.
He added that the United States encourages Baghdad to reduce its dependence on Iranian gas and electricity by harnessing its abundant and unexploited energy.
Iraq currently wastes about $ 2.5 billion of natural gas a year as a result of its burning, or 1.55 billion cubic feet per day (ten times the amount imported from Iran).
US officials have warned Iraq that the next extension of the exemption deadline will require him to present a clear plan aimed at achieving energy independence and showing concrete steps towards implementation.
These options have reduced the price of expensive imports from Iran. According to BP, Iraq buys Iranian gas at $ 11.23 per thousand cubic feet, compared with $ 5.42 paid by Germany to buy gas far from Russia, or $ 6.49 paid by Kuwait for liquefied natural gas, or $ 7.82 by Japan Compared to LNG.
In the next 90 days, the US government first needs an inter-agency political debate to ensure that the National Security Council clearly identifies what are possible proposals for Iraq within a 90-day time frame.
Similarly, money and sanctions experts should assess the risk of transferring Iraqi payments to Iran and the related ability of Iraqi financial institutions and their monitors to comply with the terms of the exemption.
Iraq must provide a priority and sequential roadmap to increase gas retention and strengthen the electricity sector by the summer of 2019. (For example, the latter effort could include a gradual collection of electricity entitlements with the assistance of the World Bank and reducing energy leakage by renewing distribution networks).
"The transfer of energy between Iran and Iraq is a potential source of much-needed hard currency for the Iranian security agencies, where Iran has historically used Iraq as a source of the US dollar," said Michael Knight, a researcher with two center researchers.
Iraq imports between 500 megawatts of electricity from Iran in the winter and 1200 MW in the summer at a cost of about $ 1.2 billion per year. Among the terms of the US exemption, Iraq must pay in exchange for dinars, not US dollars.
On the purchase of Iranian gas, the report of the "BP" of the "Global Energy Statistical Review" for 2018 that the gas exports from Iran to Iraq amounted to 154 million cubic feet per day, allowing Baghdad to generate at least 1000 MW Of electricity, with plans to increase it to 4000 MW.
He added that the United States encourages Baghdad to reduce its dependence on Iranian gas and electricity by harnessing its abundant and unexploited energy.
Iraq currently wastes about $ 2.5 billion of natural gas a year as a result of its burning, or 1.55 billion cubic feet per day (ten times the amount imported from Iran).
US officials have warned Iraq that the next extension of the exemption deadline will require him to present a clear plan aimed at achieving energy independence and showing concrete steps towards implementation.
These options have reduced the price of expensive imports from Iran. According to BP, Iraq buys Iranian gas at $ 11.23 per thousand cubic feet, compared with $ 5.42 paid by Germany to buy gas far from Russia, or $ 6.49 paid by Kuwait for liquefied natural gas, or $ 7.82 by Japan Compared to LNG.
In the next 90 days, the US government first needs an inter-agency political debate to ensure that the National Security Council clearly identifies what are possible proposals for Iraq within a 90-day time frame.
Similarly, money and sanctions experts should assess the risk of transferring Iraqi payments to Iran and the related ability of Iraqi financial institutions and their monitors to comply with the terms of the exemption.
Iraq must provide a priority and sequential roadmap to increase gas retention and strengthen the electricity sector by the summer of 2019. (For example, the latter effort could include a gradual collection of electricity entitlements with the assistance of the World Bank and reducing energy leakage by renewing distribution networks).
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