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Tag: electricity
Strategizing Energy
Iraq’s first long term energy strategy launched in Baghdad June 12, is national in its dimension and impact and integrated in its coverage of all aspects of energy production and usage. The Integrated National Energy Strategy (INES), made up of a set of national policy objectives for the country and backed by a plan for the required policy (investment) commitments, infrastructure developments and institutional reforms, has been adopted by the…
Iraq Energy Outlook
A capacity of 6 million b/d though achievable but is not the answer to the state requirements of revenue, while 12 million b/d can’t be maintained for a long time and requires higher investment within a short number of years and involves a high risk if the markets cannot absorb it. Committing huge investments to end up with an idle capacity is not an ideal scenario for Iraq. In my…