The Iraqi government confirms the continuation of its exemption to buy Iranian gas despite uncertainties. Ongoing dialogues with the U.S. underscore the importance of Iraq’s stability. Plans to import gas from Turkmenistan and investments in renewable energy indicate Iraq’s commitment to energy independence and long-term security.
On Saturday, the Iraqi government affirmed that it has not received any formal notice regarding the cancellation of its exemption to acquire Iranian gas, a concession formerly granted by former US President Donald Trump. Basim Al-Awadi, the government’s spokesperson, emphasized the importance of ongoing communication between Baghdad and Washington, noting mutual recognition of Iraq’s stability as essential for regional security.
In early February, President Trump revoked Iraq’s waiver permitting the importation of electricity and gas from Iran, aligning with new sanctions against Tehran. Reports indicate that this exemption is set to expire on March 7, igniting concerns regarding Iraq’s energy security and future strategies.
To address these issues, the Iraqi government has initiated a comprehensive strategy aimed at both immediate and long-term energy solutions. Al-Awadi stated that the Ministry of Electricity has secured a contract for gas imports from Turkmenistan, contingent on the completion of financial and technical arrangements. Furthermore, Iraq is coordinating with the Ministry of Oil to import 600 million cubic feet of gas and is considering the establishment of floating LNG platforms in Basra, while also beginning construction of its own pipelines.
Beyond immediate concerns, Iraq is focusing on enhancing its energy security through diversified investments. The overarching strategy encompasses the development of steam and combined-cycle power plants, as well as an increase in investments in renewable energy sources, such as solar energy and waste-to-energy conversion. Al-Awadi confirmed, “These initiatives are key to strengthening Iraq’s energy security and ensuring long-term stability in the sector.”
In conclusion, the Iraqi government is navigating potential energy challenges due to the revocation of its waiver to import Iranian gas, while emphasizing ongoing dialogue with the United States. Iraq is implementing immediate and long-term energy strategies, including gas imports from Turkmenistan and investments in renewable sources, to enhance its energy security and stability.
Original Source: shafaq.com