Iraqi Electricity Minister Ali Saadi Waheeb signed an agreement of principles with TotalEnergies in the French capital, Paris, to explore supplying Iraq with the liquefied natural gas needed to operate power-generation plants.
Framework for continuing negotiations
The agreement does not constitute a final gas-supply contract; rather, it establishes a framework for continuing discussions and negotiations on the possibility of supplying Iraq with liquefied natural gas.
The move comes as part of Iraq’s drive to diversify fuel sources for power-generation plants, supporting supply stability and reducing the risk of outages during periods of high energy demand.
Floating platform at the ports of Basra
The mechanism under consideration involves receiving LNG through a floating platform that would reach Iraq’s ports in Basra, where the gas would be regasified before being pumped through the national gas network to power-generation plants in line with the system’s operational needs.
