The U.S. State Department commended Iraqi Prime Minister Mohammed Shia al-Sudani for his commitment to energy independence. Al-Sudani reported a notable decrease in gas flaring and efforts to achieve fuel self-sufficiency, with the Iraq Energy Conference 2025 serving as a platform for discussing future energy policies.
The U.S. State Department has expressed its support for Iraqi Prime Minister Mohammed Shia al-Sudani’s commitment to achieving energy independence. This statement, released on Friday and reported by the Iraqi News Agency, emphasizes the importance of self-sufficiency in energy production for Iraq’s economic growth and sustainability.
Prime Minister al-Sudani highlighted the government’s significant progress since taking office, boasting a 70% reduction in gas flaring and increased production of petroleum products. His administration aims to approach total self-sufficiency in fuels and to begin exporting gas oil, with a strategic vision to convert 40% of oil production into transformation industries by the year 2030.
Additionally, al-Sudani stated that the upcoming Iraq Energy Conference 2025 represents a crucial opportunity to showcase the government’s energy policies and initiatives. The conference will play a key role in demonstrating how the energy sector aligns with the broader economic diversification goals and the commitment to modernization and development integral to the government’s overall development plans.
In summary, the U.S. State Department has acknowledged Iraq’s progress towards energy independence under Prime Minister al-Sudani. With substantial achievements in reducing gas flaring and enhancing petroleum production, Iraq is strategically positioning itself for self-sufficiency and potential export opportunities. The forthcoming Iraq Energy Conference 2025 will further illuminate the government’s comprehensive plans for energy sector development and economic diversification.
Original Source: ina.iq