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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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    Qatar signs an agreement with the Gulf Cooperation Council Electricity Interconnection Authority to

    Rocky
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    Qatar signs an agreement with the Gulf Cooperation Council Electricity Interconnection Authority to  Empty Qatar signs an agreement with the Gulf Cooperation Council Electricity Interconnection Authority to

    Post by Rocky Tue 02 Aug 2022, 6:57 am

    Qatar signs an agreement with the Gulf Cooperation Council Electricity Interconnection Authority to supply Iraq with energy

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    Economy News - translation
    The Qatar Fund for Development (QFFD) signed an agreement with the Electricity Interconnection Authority of the Gulf Cooperation Council to develop the Gulf Electricity Interconnection System and link it to the southern Iraq network .
    According to the Khaleej Times website, the agreement aims to contribute to covering part of the demand for electricity, in addition to improving the performance and stability of the electricity network in the southern region of Iraq through the construction and connection of a new 400 kV substation in the Wafra region in Kuwait. The Gulf electrical interconnection system and the Iraqi electricity network through the Al-Faw transformer station in southern Iraq .
    Khalifa bin Jassim al-Kuwari, Director General of the Qatar Fund for Development, said: "Together, we seek, in partnership with the Electricity Interconnection Authority of the Cooperation Council for the Arab States of the Gulf, to deliver electricity to our brothers in southern Iraq, where electricity support will play a fundamental and pivotal role in strengthening and supporting vital basic sectors such as the health sector. Which in turn will provide health services to a large number of patients, in addition to strengthening the education sector, and this initiative will have a pivotal role in economic development and infrastructure development .”
    The CEO of the Gulf Electricity Interconnection Authority, Ahmed bin Ali Al-Ibrahim, said that the electrical connection has achieved economic savings for the Gulf Cooperation Council countries by about 3 billion dollars since the full operation of the project, while avoiding major interruptions in the Gulf networks since the start of operation in 2009, which has had a significant impact on The continuity of electricity and its significant impact on society and the economic and industrial sector in the countries of the Gulf Cooperation Council .
    The project is being implemented by the GCC Electricity Interconnection Authority, which owns and operates the Gulf Electricity Interconnection Network, and is one of the most important infrastructure interconnection projects approved by the Gulf Cooperation Council. Among the benefits achieved by the project are reducing the required reserves in each country, mutual coverage in case of emergency, benefiting from the surplus, and reducing the cost of producing electric power among the countries of the Gulf Cooperation Council .
    In 2001, the Gulf Cooperation Council was established, and the interconnection project was completed in 2009 .
    The authority considers that the signing of the interconnection agreement with the electricity grid in southern Iraq, which coincided with the Jeddah Summit for Security and Development on July 15, 2022, is one of the most important strategic projects in the Gulf Cooperation Council countries that will begin. Implementation works during this month, hoping to be completed in the summer of 2024 .
     
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