Iraq seeks to accelerate gas supplies from Turkmenistan
Baghdad (IraqiNews.com) – The Iraqi Minister of Electricity, Ziyad Ali Fadel, arrived in Turkmenistan on Sunday to discuss accelerating gas supplies to Iraq.
According to a statement released by the Electricity Ministry, Fadel's visit to Turkmenistan aims to speed the fulfillment of a gas supply contract with Iraq.
Iraq signed a memorandum of understanding in 2023 with Turkmenistan to import the gas it needs to operate its power plants, according to the Ministry of Electricity, which indicated that the step requires additional negotiations related to the mechanism of transporting gas through Iran.
Power plants in Iraq depend on gas imports from Iran, which cover one-third of the country's energy needs.
Fadel previously stated that Iraq will receive gas from Turkmenistan via the pipeline network in Iran, which is connected to Iraq and will ultimately supply the power plants in the country.
The agreement will enable the transportation of Turkmen gas to Iraq through Iran over a five-year period.
Iraq has reportedly completed all the necessary requirements to begin importing gas from Turkmenistan in January 2024. The primary cause of the delivery's planned deferral is the requirement to negotiate a thorough arrangement with Iran, the country of transit.
The Ministry of Foreign Affairs of Turkmenistan said earlier that the country will sell 10 billion cubic meters of natural gas annually to Iraq through a swap arrangement with Iran.
The gas-rich central Asian country has a pipeline that connects to Iran, which borders Iraq.
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