In a significant move to enhance its energy infrastructure, Iraq’s Ministry of Oil has unveiled plans to launch a liquefied gas import platform, set to be operational within the next two years. The announcement comes as part of the country’s efforts to diversify its energy sources and reduce reliance on traditional methods.
Izzat Saber, the Undersecretary for Gas Extraction Affairs, revealed that Prime Minister Muhammad Shia al-Sudani has given the green light for the establishment of a permanent fixed platform. This platform will serve as a reception point for gas imports from neighboring and international sources, marking a departure from Iraq’s historical reliance on gas pipelines from Iran.
Saber, speaking to the Iraqi News Agency (INA), highlighted the importance of this strategic shift, stating, “Iraq’s infrastructure in the past was not ready to receive it, as we were relying only on importing gas from Iran through pipelines.”
The new platform, slated for construction at the large port of Al-Faw, is expected to facilitate the importation of liquefied gas from any country across the globe. The Ministry of Oil envisions entering into flexible contracts to utilize the imported gas for various purposes, including supplying electricity networks, boosting energy production, and providing fuel to propel the industrial and agricultural sectors forward.
Saber emphasized the versatility of liquefied gas, noting, “It can be used to supply cement, brick, petrochemical, and fertilizer plants.” This diversification is poised to have a positive impact on Iraq’s economic development and will play a pivotal role in meeting the growing energy demands of the nation.
He Also pointed out that the Halfaya Gas Complex will produce 300 million standard cubic feet in the next two months, and the Nasiriya and Gharraf complex will produce 67 million standard cubic feet, and the Faiha complex in Basra will produce 130 million cubic feet per day, explaining that it will contribute to increasing the gas utilization rate by about 50 percent this year.
The move aligns with Iraq’s broader strategy to enhance its energy security and stimulate economic growth. The introduction of the liquefied gas import platform is a significant step towards achieving these goals, providing the country with a more resilient and adaptable energy infrastructure.
As the project advances, negotiations are expected to be a key component in securing a reasonable price for the imported liquefied gas. The Ministry of Oil remains optimistic about the potential benefits this initiative will bring to Iraq’s energy landscape, positioning the country as a more dynamic player in the global energy market.
The announcement underscores Iraq’s commitment to embracing innovative solutions for its energy needs and signals a forward-looking approach to energy policy. With the liquefied gas import platform on the horizon, Iraq anticipates a more robust and diversified energy sector in the near future.
