British institution: Chinese companies will occupy a good position in Iraq in the field of energy if

by Hkp1 Mon 13 May 2013, 12:46 pm

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British institution: Chinese companies will occupy a good position in Iraq in the field of energy if

by Hkp1 Mon 13 May 2013, 12:46 pm

British institution: Chinese companies will occupy a good position in Iraq in the field of energy if it has doubled its work

13-05-2013 | (Voice of Iraq) - Add a comment -
Range Press / Baghdad

Confirmed
Foundation Pensint Mansoons (Pinsent Mansosn) British Legal Consultants
International, on Monday, that can Chinese companies enjoy a good
location in the field of building power plants invading Iraq by doubling
its work to catch Bmnavsadtha of Western companies that preceded it in
this area, as pointed out that Iraq will build over the next five or ten
years to come from four to eight gas plants.

The expert said
infrastructure in the institution Pensint Mansoons British Legal
Consultants International Economic Daniel Tyne in a news item published
in the South Tjayna Post Chinese and seen by (range Press) that "Iraq is
a big market expected to companies Equipment electric power plants,
Chinese, as distinguished from the opponents of others standing task
that Iraqi government regards as an important strategic partner in this
area. "

Tyne said that "the company جينيرال Alictrk U.S. giant
has entered the market for power plants equipment Iraqi decade ago and
became dominate this sector," adding that "Chinese companies should make
efforts to provide good equipment deals and financial conditions
encouraging."

He Tyne that "Chinese companies have established a
presence in Iraq by winning the former several decades equipment
processing plants generate electricity with a capacity of more than 800
megawatts and looks forward to signing deals stations generate
electricity major," noting that "the projects for power plants invading
Kurdistan also included. "

He Tyne that "the majority of power
plants in Iraq is entirely dependent on run on diesel and heavy fuel
oil," Emphasized the need to "be natural gas is the preferred method for
the operation of power plants and that of the cheap price in addition
to that a cleaner environment and has a highly efficient and needs to
lower maintenance requirements. "

The economist predicted Tyne
that "Iraq will build over the next five or ten years to come from four
to eight electric power plants natural gas-powered."

A report by
the International Energy Agency IEA published last October, it was
reported that Iraq needs to invest $ 8.5 billion dollars a year in
investment projects for new plants to generate energy by the year 2020
to be able to meet the growing needs.

And despite the fact that
75% of the investments will be in power plants fuel oil, the mostly
Sthor later to use natural gas as fuel, and the proportion of gas in the
fuel mixture for power plants will fall to 25% in 2015 from what it was
33% in 2010 but rise to 60% in 2020 and 85% in the year 2025.

And
expects the International Energy Agency IEA rise of Iraqi crude oil
production with the improved security situation of 3 million barrels per
day over the past year to 6 million barrels per day in 2020 to 8.3
million barrels per day in 2035.

The Electricity Minister Abdul
Kareem Aftan Jumaili said Wednesday, (May 8, 2013), that Iraq "would
accept the end of 2014 the import of electricity," explained that the
station project Mansuriyya invasive "projects ministerial great," he
said, adding that the station will work with a production capacity "
(730) megawatts at a cost of 540 million dollars, "while the governor of
Diyala province showed Omar Humairi" optimism "near the site of the
station from field Mansuriyya gas, calling the oil ministry to"
cooperate to the great success of the project. "

And declared the
Iraqi Ministry of Electricity, (30 April 2013), for the loss of 3,500
megawatts of electricity during the past few days, attributed the reason
to stop some plants, and carried the oil ministry responsibility.

The
Ministry of Electricity announced, in (20 October 2012), that the next
term will see the opening of the four power stations in different parts
of the country, indicating that it will reach self-sufficiency and
dispensing imported energy, while Deputy Prime Minister for Energy
Affairs Hussain al-Shahristani that These stations will provide enough
energy for citizens and vital installations.

It has already been
confirmed by the Ministry of Electricity, the beginning of February
2012, that the electricity crisis will be resolved dramatically over the
next two years, pointing to the completion of the final assessment line
(based Tim 400 KV) by which connect electricity system the Iraqi
national system of electricity Syria, as a prelude to import energy
through Eight connectivity.

Iraq has suffered a chronic shortage
of electricity since the beginning of 1990, and increased hours of
rationing power supply after 2003 in Baghdad and the provinces, because
made a lot of stations in addition to sabotage suffered by the
components of the national system during the past years, resulting in an
increase hours without electricity citizens to about twenty hours a day
and citizens are forced to rely on generators for civil energy.

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