Can Iraq achieve energy self-sufficiency without regional aid?

However, the path to energy sufficiency remains a considerable challenge for Iraq even with regional aid. Without domestic reforms to address the underlying causes of the energy crisis, Iraq’s journey towards achieving energy self-sufficiency is still a considerable distance away.

Will US retool power plants in Iraq?

On October 1, the U.S. Export Import Bank announced that Congress had allowed it to release nearly $300 million to Iraq’s Ministry of Electricity, which will pay Jacksonville, Florida-based Stellar Stellar -0.2% Energy Americas, Inc. to retool several power plants to make the grid more reliable and efficient.

Is foreign help enough to fix Iraq's energy problems?

Foreign help is not enough to fix energy issues, domestic reform is necessary. This past July, Iraq and France’s TotalEnergies finalized the Gas Growth Integrated Project, a $27 billion energy deal aimed at Iraq’s natural resources and improving the country’s electricity supply.

Will Iraq build a power grid?

The government of Iraq is now working to build power transmission lines to connect to the Kuwaiti, Jordanian and Turkish power grids, Mohsen said. Iraq’s new Prime Minister Mohammed Shiaa Al-Sudani announced the country’s energy plans rather quietly during his visit to Washington in April at a meeting at the famous Willard Hotel.

Why does the US support Iraq?

The United States strongly supports Iraq’s efforts to become more energy secure and minimize harmful emissions. Minimizing the current practice of gas flaring by capturing the massive amounts of methane being burned away will significantly reduce emissions, improve public health for Iraqis, and utilize captured gas to power Iraq’s electrical grid.

Can Iraq achieve energy self-sufficiency by 2030?

Iraq has the potential to "harness immense natural gas resources, invest in new energy infrastructure and renewables, and achieve energy self-sufficiency by 2030" said a statement jointly issued by the U.S. and Iraq during a visit to Washington by Sudani this week.