PHOTO
Iraq has completed the bulk of a project to connect its power network to that in neighboring Gulf countries and intends to sign agreement with Kuwait soon to complete the project, an official was quoted on Thursday as saying.
Ahmed Mousa, a spokesman for the Iraqi Electricity Ministry, said nearly 87 percent of the Iraq-GCC common power grid has been finished.
He told Iraq’s Shafaq News agency that there are plans now to install power lines stretching 80 kilometres (km) inside Iraq and 220 km inside Kuwait to link the network in the Southern Iraqi Faw Peninsula with Al-Zour in South Kuwait.
“In the next few days, we will sign another agreement with Kuwait to execute that project, which will be completed in the summer of 2022,” Mousa said.
He noted that the project in its first phase would supply the Southern Iraqi port of Basra with around 500 megwatts of electricity and that there would be a second and third phase.
Iraq, which controls the world’s 5th largest proven oil reserves, has also embarked on plans to build solar power stations to slash power imports from neighboring Iran and meet growing domestic demand following war damage to its power sector.
(Writing by Nadim Kawach; Editing by Anoop Menon)
Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.
© ZAWYA 2021
