Iraq has been relying on Tehran for electricity imports and the U.S. for granting import waivers and funding, but now Baghdad eyes a significant increase in natural gas production, it may finally stop imports from Iran
Iraq may end gas and electricity imports from Iran within 3 years.Iraq is set to capture associated gas from its oil fields to generate power while at the same time reducing flaring practices.Iraq’s recent announcement to end its importation of gas within the next three years will be carefully watched by Washington, as it would also mean the end to Iraq’s long-running dependence on Iran for gas supplies. In this context, when the U.S.
The problem with the U.S. plan to date has been that Baghdad and Tehran have always known exactly what Washington was up to and has been manipulating it from the start. This was most obviously done in the securing of waivers from the U.S. for Iraq to continue to import gas and electricity from Iran. These waivers were granted to Iraq even after the U.S.
The Iraq method was, and remains, the following: whoever is prime minister of Iraq that year goes to Washington to ask for a huge amount of money to bail out Iraq’s budget. The budget needs bailing out – despite the huge oil and gas resources that Iraq has – principally because of the in the country. In return for the budget bailout and the granting of another ‘short-term’ waiver to import energy from Iran, the incumbent Iraqi prime minister promises the U.S.
The U.S. has many fine qualities but one of them is not tolerance when made to look stupid, so after the new gas and electricity supply deal had been signed between Iraq and Iran, the U.S. let the formidable State Department spokeswoman, Morgan Ortagus, out of her room, and she let fly. Not only was the next waiver to Iraq the shortest ever – 30 days – but also at the press conference in which it was announced, Ortagus also let it be known that the U.S.
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