Iraq Runs Out Of Gas

I wish I was writing about the end of the Iraq War but sadly that will go on and on…..but this time I am writing about Iraq’s use of nat gas for the society.

I recently read an article about Iraq that I found odd….especially for a country with massive oil reserves.

Iraq’s capital Baghdad and other cities are at risk of serious power shortages after Iran slashed gas exports, the electricity ministry said on Sunday, potentially placing further pressure on the government of Prime Minister Mustafa al-Kadhimi.

Iran has reduced gas exports to Iraq to five million cubic metres from 50 million cubic metres two weeks ago citing unpaid bills, a ministry spokesman said.

It also officially informed Iraq’s electricity ministry on Sunday that it plans to cut shipments further to three million cubic metres, the spokesman said.

Iraq has lost around 6,550 megawatts of electricity, spokesman Ahmed Moussa said.

Iraq’s daily consumption during peak hours of winter reaches around 19,000 megawatts while the country generates around 11,000 megawatts, replying on imports to fill the gap, he said.

(reuters.com)

Seriously?

A country with millions of barrels of oil reserves and they need to import energy from Iran……Why?

Iraq cannot afford to heat or any domestic energy….could it have anything to do with 2008 and the return of big oil to Iraq?

I know…what?

This explains what I am talking about……https://lobotero.com/2008/06/20/big-oil-to-return-to-iraq/

The deals are that big oil returns and they run off with most of the profits….thanx to something called a “PSA”…..and I educated my readers about this as well….https://lobotero.com/2007/03/11/who-gets-iraqs-oil/

If for some unknown reason you would like another take on what happened to Iraq’s oil….then maybe this will satisfy your curiosity….https://theconversation.com/iraq-what-happened-to-the-oil-after-the-war-62188

Now I ask why if there is so much oil in Iraq why they cannot produce crude and nat gas for their consumption?

Does their lack of sufficient energy for the nation have anything to do with big oil and the PSA or is it the prices are too low for the production to be profitable?

The most important is….why would a nation with massive oil reserves need to import energy from another oil producing country?

Time for Iraq to be in control of their own reserves…..

I Read, I Write, You Know

“lego ergo scribo”

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