Turkey is to double its electricity exports to Iraq to 600 megawatts as Baghdad seeks to offset US-sanctioned energy from Iran before the scorching summer months.
Iraq's Ministry of Electricity has completed “all logistical and infrastructure measures necessary to increase the supply capacity via the Iraqi-Turkish interconnection line to 600 megawatts", it said in a statement on Sunday.
Alparslan Bayraktar, Turkey's Minister of Energy and Natural Resources, held meetings in Baghdad with officials including Iraqi Electricity Minister Ziad Ali Fadel. Mr Bayraktar said the increased electricity supply will begin “in the coming months”, the Iraqi ministry said.
Last July, Baghdad and Ankara inaugurated the power line that currently supplies Iraq with 300MW of electricity. Under US President Donald Trump's “maximum pressure” campaign against Iran, America last week rescinded a waiver to Iraq that would allow it to secure energy imports from Iran. The policy is designed to put pressure on Iran over its nuclear and ballistic missile programmes.
Despite being Opec’s second-biggest producer, Iraq struggles to meet the growing demand for electricity because of decades of war, mismanagement and corruption. Iraq spent at least $60 billion on the electricity sector since the 2003 US-led invasion of the country, former prime minister Mustafa Al Kadhimi said in 2020.
Baghdad depends on Iran for about a third of its electricity needs. It buys 50 million cubic metres of natural gas and 500MW of electricity a day from Iran. US sanctions will only affect electricity imports, Iraqi officials have said.
Baghdad has been under pressure from the US to wean itself off Iranian energy imports, which have been subject to US sanctions since 2018. Since then, Washington has repeatedly extended waivers to Baghdad for periods of 45 to 120 days to allow it to import Iranian electricity and gas.
Iraq has in recent years taken some measures to develop its natural gas resources and reduce shortfalls in the electricity sector. Iraq’s natural gas reserves stand at about 3,714 billion cubic metres, Oil Ministry figures show.
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
DMZ facts
- The DMZ was created as a buffer after the 1950-53 Korean War.
- It runs 248 kilometers across the Korean Peninsula and is 4km wide.
- The zone is jointly overseen by the US-led United Nations Command and North Korea.
- It is littered with an estimated 2 million mines, tank traps, razor wire fences and guard posts.
- Donald Trump and Kim Jong-Un met at a building in Panmunjom, where an armistice was signed to stop the Korean War.
- Panmunjom is 52km north of the Korean capital Seoul and 147km south of Pyongyang, North Korea’s capital.
- Former US president Bill Clinton visited Panmunjom in 1993, while Ronald Reagan visited the DMZ in 1983, George W. Bush in 2002 and Barack Obama visited a nearby military camp in 2012.
- Mr Trump planned to visit in November 2017, but heavy fog that prevented his helicopter from landing.
COMPANY%20PROFILE%3A
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The specs: 2018 Chevrolet Trailblazer
Price, base / as tested Dh99,000 / Dh132,000
Engine 3.6L V6
Transmission: Six-speed automatic
Power 275hp @ 6,000rpm
Torque 350Nm @ 3,700rpm
Fuel economy combined 12.2L / 100km
The specs
Engine: Four electric motors, one at each wheel
Power: 579hp
Torque: 859Nm
Transmission: Single-speed automatic
Price: From Dh825,900
On sale: Now
The specs
Engine: Dual 180kW and 300kW front and rear motors
Power: 480kW
Torque: 850Nm
Transmission: Single-speed automatic
Price: From Dh359,900 ($98,000)
On sale: Now
A State of Passion
Directors: Carol Mansour and Muna Khalidi
Stars: Dr Ghassan Abu-Sittah
Rating: 4/5
The specs
Engine: 2.0-litre 4-cylturbo
Transmission: seven-speed DSG automatic
Power: 242bhp
Torque: 370Nm
Price: Dh136,814
The specs
Engine: 6.2-litre V8
Transmission: ten-speed
Power: 420bhp
Torque: 624Nm
Price: Dh325,125
On sale: Now
COMPANY%20PROFILE
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COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded