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Iraqi efforts to export gas to Europe via Turkey next year
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Economy News-Baghdad
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Added 03/25/2023 - 9:59 AM
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Economy News-Baghdad
The Parliamentary Finance Committee announced its endeavor to include imports of exporting gas associated with oil in the budget statements for the current year and the next two years 2024 and 2025, indicating that the process of extracting it needs allocations that help invest its potential, which spares the country from resorting to importing gas used as fuel for electric power plants.
A member of the committee, Mueen Al-Kadhimi, said in an interview reported by Al-Sabah newspaper that “the investment of associated and free gas was discussed during the visit of Prime Minister Muhammad Al-Sudani, indicating that” there is a great desire among Germany, France and the European Union to enter this sector and work to deliver it to Europe from through pipelines through Turkey.
Al-Kazemi added, "Treating associated gas instead of burning it throughout the past decades and benefiting from it is a priority today," pointing out that "exploiting associated gas needs more time and cannot be included in the 2023 budget as imports, but will need financial allocations to rehabilitate and control it, and thus Associated gas can be included in the imports of 2024 and 2025 in order for Iraq to dispense with importing gas from neighboring countries.
Views 107
Added 03/25/2023 - 9:59 AM
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