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Iraq's Prime Minister Accelerates Gas Import Platform Establishment for Energy Source Diversification

Iraq's Prime Minister Accelerates Gas Import Platform Establishment for Energy Source Diversification
Iraq's Prime Minister Accelerates Gas Import Platform Establishment for Energy Source Diversification

2023-11-20 16:45:06 - From: Shafaq News


Shafaq News/ On Monday, Iraqi Prime Minister Muhammad Shia Al-Sudani directed expediting the establishment of a platform for importing gas to diversify energy sources in Iraq.

During a meeting, Al-Sudani discussed with officials the establishment of a fixed platform for processing imported gas in Al-Faw Port, deemed a crucial strategic project for Iraq. This initiative aims to contribute to the diversification of the country's gas sources fueling power stations.

Prime Minister Al-Sudani issued instructions for forming a specialized committee to prepare a comprehensive vision to be presented within two weeks, advancing the critical platform project.

Emphasizing the government's commitment to diversifying energy sources, Al-Sudani underscored the adoption of radical strategic solutions. These measures are geared towards optimal natural and associated gas utilization, aligning with the government's initiatives to achieve gas self-sufficiency in the coming years.

A fixed platform for processing imported gas in Al-Faw Port is a critical infrastructure project that will help ensure a reliable electricity supply to Iraq. The platform will be able to process up to 1 billion cubic feet of gas daily, which is enough to meet the needs of approximately 5 million homes. It will also be able to store up to 120 million cubic feet of gas, providing a buffer against supply disruptions.

The project is expected to take approximately three years to complete. The Iraqi government has already allocated $1.5 billion for the project, which is expected to be financed by public and private funds.

The platform will be located in the southern Iraqi port of Al-Faw, which is located on the Persian Gulf. Al-Faw is a strategic location for the project, as it is close to the gas source and the electricity grid.