A memorandum of cooperation between Iraq and the US General Electric to develop the energy sector

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A memorandum of cooperation between Iraq and the US General Electric to develop the energy sector

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A source in the Iraqi government announced that Iraq signed today (February 16, 2023) a memorandum of principles of cooperation with the American General Electric Company, “with the aim of addressing the obstacles that faced the procedures for implementing projects that were previously included in the memorandums of cooperation previously signed between the Ministry of Electricity and the company.”[/size]
[size=45]According to the source, who preferred not to be named, the memorandum of understanding between the Iraqi government and the American General Electric Company (GE) comes within the framework of implementing the directions of the Iraqi federal government to contract with international companies that manufacture equipment such as Siemens in addition to General Electric.[/size]
[size=45]The Iraqi government source added, "After signing a memorandum of principles of cooperation with (Siemens) on (January 13, 2023) during the visit of the Iraqi Prime Minister, Muhammad Shia' al-Sudani, to Germany, a memorandum of principles of cooperation was signed today with the General Electric Company."[/size]
[size=45]On the purpose of the new memorandum, the source said: “It aims to address the obstacles that faced the procedures for implementing projects that were previously included in the memorandums of cooperation signed between the Ministry of Electricity and the company previously, including financing obstacles in addition to the instructions of the new financing institutions that it is impossible to finance projects that operate on fossil fuels from By installing the projects included in the ministry’s plan that will contribute to increasing energy production and reducing the acute shortage in energy supply, as well as addressing bottlenecks in the transportation sector, improving the performance efficiency of the units currently operating, and establishing a monitoring center for them, in addition to projects to exploit associated gas.[/size]
[size=45]The memorandum, which was signed this morning, included, according to the Iraqi government source, a contract with (GE) for long-term maintenance work for a period of five years to sustain the work of the energy production units that were equipped by the company.[/size]
[size=45]In addition, the memorandum includes increasing the work efficiency of the currently operating energy production units by modernizing the systems attached to them, and conducting studies for the exploitation of associated gas.[/size]
[size=45]The memorandum also includes the implementation of a number of secondary stations of 400Kva in addition to 133Kva with their connections in the various governorates of Iraq, with the establishment of a monitoring center for the performance and operation of generating units, as well as the establishment of stations for the production of electric power and in stages commensurate with the available fuel and financing.[/size]
[size=45]In terms of human cadres and their development, the memorandum includes a paragraph to establish a training center for cadres of the Iraqi Ministry of Electricity.
In January 2023, the General Electric Company announced the implementation of dozens of secondary stations in all governorates of Iraq, and the head of the company’s branch, Rashid Al-Janabi, told the Iraqi News Agency (INA), that they support the work of the Iraqi Ministry of Electricity, indicating that General Electric works in Iraq in cooperation with Electricity as a strategic partner. for more than 50 years.[/size]
[size=45]Rashid Al-Janabi added, "During recent decades, important projects have been implemented in Iraq, including the addition of 19 gigawatts of electric power throughout Iraq, including the regions of the Kurdistan Region," indicating that they are currently in the process of putting forward important projects for the Ministry of Electricity.[/size]
[size=45]Al-Janabi stressed that "the energy challenge in Iraq today is not only limited to securing the Iraqis' need for energy, but rather securing it in a clean manner and securing sustainable energy," and that General Electric's work in Iraq includes all governorates, and today dozens of secondary stations are being implemented in all governorates of Iraq, which support the electricity network. It presents visions for the future of energy in Iraq that includes securing clean energy in a reliable and integrated manner for all Iraqis.[/size]
[size=45]It is noteworthy that the American General Electric Company “GE” working in the field of energy announced in August 2020 that it had signed two agreements with Iraq, worth more than $ 1.2 billion, to carry out maintenance in electric power stations, improve the energy transmission network and link it with Jordan, and the two agreements were concluded during an official visit. It was carried out by the former Iraqi Prime Minister, Mustafa Al-Kadhimi, at the head of a high-level government delegation to the United States.[/size]
[size=45]The company said in a statement that the first agreement with Iraq worth $500 million to carry out modernization, maintenance and vital service operations for a number of electric power stations would enhance efficiency levels and maintain more than 6,000 megawatts of electrical energy, and that the second agreement worth $727 million, To strengthen the electric power transmission network in Iraq and improve its stability and link it with the energy network in Jordan.[/size]
[size=45]The Iraqi Minister of Electricity at the time, Majid Mahdi al-Amara, said that Iraq's main focus revolves around ensuring the continuity of the supply of electric power without interruption, especially in the summer months that witness peak demand, and that the new agreements signed with General Electric are an ideal option to meet our requirements, and are based on The close partnership that unites us with it to generate more electricity in the country.[/size]
[size=45]Iraq has been suffering from a chronic electricity shortage for decades as a result of the blockade and successive wars. The population has been protesting for many years against the frequent power outages, especially in the summer, when temperatures sometimes reach 50 degrees Celsius. Iraq imports 1,200 megawatts from Iran, and it plans to import electricity from Turkey and the Arab Gulf states, to fill the shortage.[/size]
[size=45]Iraq's production of electric power, according to the Iraqi Ministry of Electricity, is 13,500 megawatts, and it plans to add 3,500 megawatts during the current year, by introducing new generation units into service, but estimates indicate that the country needs more than 20,000 megawatts to reach self-sufficiency.[/size]


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