Iraq’s Path to Energy Security is Taking Shape ...Middle East

Economy by : (OILPRICE) -
Iraq is moving to achieve energy security by diversifying its energy sources and reducing reliance on imports of Iranian electricity and natural gas. A warning that expeditious action is needed was the removal of the U.S. sanctions waiver that allowed Iraq to import electricity from Iran. While Iranian electricity is only about 2% of Iraq’s demand, Iranian natural gas is over 40%, making diversification crucial. Washington uses Iraq as a platform for its campaign against Iran, going back to its support for Saddam Hussein after he attacked…

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