Iraq will struggle to generate enough electricity unless it continues to use Ira...
ABU DHABI - Iraq will struggle to generate enough electricity unless it continues to use Iranian gas for three to four more years, the electricity minister said on Tuesday, resisting U.S. pressure to stop the imports from its Middle East neighbor.
Iraq has a U.S. waiver to import Iranian gas, but Washington has been pressing Baghdad to phase them out. The minister said Iraq now had capacity for 18,000 MW, up from 12,000-15,000 MW last year but still below peak demand that could reach about 25,000 MW and was rising every year. The minister said the power sector needed investment worth at least $30 billion to upgrade the grid, which was 50 years old and had lost 25% of its capacity due to Islamic State attacks.
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