Iraq energy storage tender

Is foreign help enough to fix Iraq's energy problems?

Foreign help is not enough to fix energy issues, domestic reform is necessary. This past July, Iraq and France’s TotalEnergies finalized the Gas Growth Integrated Project, a $27 billion energy deal aimed at Iraq’s natural resources and improving the country’s electricity supply.

What is the future of electricity supply in Iraq?

There are a number of pathways available for the future of electricity supply in Iraq but the most affordable, reliable and sustainable path requires cutting network losses by half at least, strengthening regional interconnections, putting captured gas to use in efficient power plants, and increasing the share of renewables in the mix.

Does totalenergies have a relationship with Iraq?

As one of the top world oil and gas companies, TotalEnergies relationship with Iraq and the region is not new. In the 1970s, TotalEnergies had a service contract in Iraq that led to the discovery and development of the Maysan oil fields.

How much does Iraq pay Iran for natural gas?

According to Iraqi Oil Minister Ihsan Ismael,Iraq paysIran $8 per million British thermal units (BTU) for Iranian gas. By comparison, it is estimated that it would cost the government less than $2 BTU to produce Iraqi natural gas.

What are the challenges facing Iraqi oil production?

The increase in Iraqi oil production capacity over the last decade has been impressive, yet there are a number of challenges facing the sector going forward. One impeding barrier is the availability of water, as planned oil production will require a level of water production above what has been achieved so far.

Why is there a power outage in Iraq?

Power outages in Iraq remain a daily occurrence for most households, as increasing generating capacity has been outrun by the increasing demand for electricity, spurred by greater cooling needs in the peak summer months.