Parliamentary Oil: Iraq needs 60% of Iranian gas to run its electric stations
Shafaq News / The Parliamentary Oil and Gas Committee announced today, Thursday, hosting a number of oil officials to learn their work mechanisms and how to overcome crises in the oil field, while officials stressed Iraq's need for 60% of imported Iranian gas to operate its electric stations and its inability to achieve self-sufficiency.
Yesterday, Wednesday, the Iraqi Ministry of Electricity announced that the Iranian side had stopped the export of 5 million cubic feet of gas supplied to Iraq, noting that this caused a reduction in processing hours.
Committee member Sabah Sobhi told Shafaq News Agency, "The committee held a series of hosts, the most important of which is hosting today the directors of oil and gas companies, Basra, South Oil and Gas, tankers and oil explorations," noting that "their hosting came to know their work mechanism and what problems these companies face and how to overcome crises and help them." in matters of reading the laws.
He added that "the committee also hosted the officials of the Pipeline Company for Gas Transport, and it was found that Iraq needs 60% of the total, which is the Iranian gas imported to Iraq," noting that "Iraqi production of gas does not reach self-sufficiency due to the lack of capabilities, and that there is burning associated gas and a waste of natural resources.
The member of the Finance Committee added that "the committee asked the oil and gas companies to work on strategic projects to serve important sectors, the most important of which is gas to generate electric power by increasing gas production and benefiting from it."
On May 23, 2022, the Parliamentary Energy Committee revealed the House of Representatives' intention to host Electricity Minister Adel Karim and discuss how to pay Iran's gas debts, which amounted to about one billion dollars.
Iraq, which depends on Iranian gas for electricity production, has suffered from a chronic electricity shortage crisis for decades as a result of the siege and successive wars.
For many years, residents need frequent power cuts, especially in the summer, when temperatures sometimes reach 50 degrees Celsius.
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