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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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    An economic expert explains the importance of linking Iraq to the Gulf Electricity Market Authority

    Rocky
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    An economic expert explains the importance of linking Iraq to the Gulf Electricity Market Authority Empty An economic expert explains the importance of linking Iraq to the Gulf Electricity Market Authority

    Post by Rocky Sat 14 Oct 2023, 4:01 am

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    [size=52]An economic expert explains the importance of linking Iraq to the Gulf Electricity Market Authority platform[/size]

    [size=45]The Iraqi economic expert, Omar Al-Halbousi, said that Iraq’s electrical connection with the Arab Gulf countries is an important step to get rid of the electricity crisis that Iraq is experiencing.[/size]
    [size=45]The economic expert explained that the step to link Iraq to the Gulf electrical market platform comes to solve the Iraqi crisis and contribute to increasing the hours of electricity supply to citizens, in addition to the fact that the supply prices are better than Iranian electricity prices and there are no problems hindering the implementation of financial obligations.[/size]
    [size=45]He added that this connection came at the right time, as “the electricity crisis that Iraq has been suffering from for years, especially in the summer, places great burdens on the Iraqi citizen in light of the lack of a national electricity system, and to get rid of dependence on Iranian electricity that is sold at high prices to Iraq, as well as “For not fulfilling obligations to Iraq, which is costing Iraq huge losses,” he said.[/size]
    [size=45]Al-Halbousi pointed out that “Iraq is being subjected to blackmail through electricity, through which Iran is pressuring Iraq in order to mediate with the American side in order to allow the release of parts of the financial amounts in dollars to Iran, which has made Iraq a victim of the American-Iranian conflict,” he said. .[/size]
    [size=45]Al-Halbousi stressed, “The Iraqi government must exploit the resources that Iraq possesses in order to establish national electricity, and Iraq has all the capabilities to achieve self-sufficiency and even export, but what is lacking from the Iraqi government is the will and hard work to establish a national electricity system that will save Iraq the costs.” He pays for importing electricity from neighboring countries.”[/size]
    [size=45]Last Tuesday, the platform for the project linking the Gulf electricity market to Iraq was launched, which Baghdad is counting on to solve its worsening electricity crisis, especially in the summer.[/size]
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