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To diversify power supply, Iraq signs framework deal with Gulf countries

To diversify power supply Iraq signs framework deal with Gulf countries
To diversify power supply, Iraq signs framework deal with Gulf countries

2019-09-15 00:00:00 - Source: Iraq Oil Report

BAGHDAD - Iraq’s Electricity Ministry signed a framework agreement with the Gulf Cooperation Council Interconnection Authority (GCCIA) on Sunday, in a step toward diversifying sources of power supply in the wake of U.S. pressure on the government to lessen its reliance on energy trade with Iran.

"The initial agreement will secure 500 megawatts of supply to Basra via Kuwait, around the summer of 2020," said Electricity Minister Luay al-Khateeb. "And as we progress with the development of interconnectivity it will move up close to 2,000 megawatts."

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