The Iraqi Minister of Electricity, Ziad Ali Fadhil, announced a new contract to supply gas from Turkmenistan to Iraq, which will ensure the delivery of 10 million cubic meters of gas in winter and 20 million in summer. This agreement aims to diversify Iraq’s energy sources and enhance energy stability, including compensation measures for any supply disruptions. Turkmen officials expressed appreciation for the cooperation with Iraq.
On Saturday, Minister of Electricity Ziad Ali Fadhil disclosed the details of a significant contract between Iraq and Turkmenistan for the supply of natural gas. This announcement was made in Baghdad, with the participation of the Turkmen Minister of Energy. The contract comes under the patronage of Prime Minister Mohammed Shia al-Sudani and is a part of Iraq’s government initiative aimed at diversifying its energy sources. According to Minister Fadhil, this agreement will facilitate the supply of gas via pipelines from Turkmenistan, ensuring 10 million cubic meters of gas are delivered during the winter months and increasing to 20 million cubic meters in the summer. Furthermore, he noted that any disruptions in gas supply would be compensated with an equivalent quantity of gas. Minister Fadhil emphasized that this contract would also serve to address various challenges and is intended to bolster Iraq’s domestic energy production as part of a broader governmental strategy. Turkmen State Minister for Gas Affairs, Maksad Babayev, expressed gratitude towards the Iraqi government for their cooperation, stating that this partnership marks a positive step forward for both nations in the energy sector.
The announcement regarding the gas supply contract comes amid Iraq’s efforts to diversify its energy sources, as the country seeks to reduce its reliance on a single source of energy while enhancing its infrastructure to support energy stability. The collaboration with Turkmenistan is expected to play a critical role in addressing Iraq’s seasonal energy demands, particularly during the hotter months when energy consumption spikes. Iraq has been facing challenges in meeting its energy requirements, making such agreements essential to support economic growth and infrastructure development. By securing gas supplies from Turkmenistan, Iraq aims to enhance its energy security and gradually shift towards utilizing domestic energy resources in the future.
In conclusion, the newly signed contract for the supply of gas from Turkmenistan to Iraq represents a substantial step in improving Iraq’s energy security and diversified energy strategy. It will provide critical gas supplies that can help meet seasonal demands while maintaining an avenue for future development of local energy resources. The cooperation between the two nations is expected to pave the way for strengthened bilateral relations in energy and beyond.
Original Source: ina.iq
