Iran Builds Energy Network To Boost Its Geopolitical Influence

Signed Agreements with the Iraqi Government for Deals Aimed at Boosting Iraq’s Energy Network From Iran

Iran Builds Energy Network To Boost Its Geopolitical Influence

Jordan recently announced that it had signed a memorandum of understanding with Saudi Arabia to lay out the framework of joint cooperation to connect the electric power grids of these two countries. By extension, the Iraq-Jordan network deal will provide ‘direct link’ between Jordan and Iraq’s key regional sponsor Iran, which recently signed an extended two-year deal with Iraq to supply it with electricity. This comes after Israel and Bahrain normalised relations and declared that they would normalise relations.

Notably, Iran supplies around 40 percent of To continue to import Iranian energy as a stop-gap measure. As an inducement to this effect, US companies Chevron, General Electric, Honeywell International, and Stellar Energy, signed agreements with the Iraqi government for deals aimed at boosting Iraq’s energy independence from Iran, worth at least $8 billion. Additionally, the White House granted 120-day waiver to Iraq to keep its oil imports into the US sphere of influence, currently centred around Saudi Arabia. The latest waiver length was cut to half the

And Iraq’s power grids have become fully synchronised to provide electricity to both countries by dint of the new Amarah-Karkheh 400-kV transmission line stretching over 73 kilometres. Iran has also signed a three-year co-operation agreement with Iraq to help its power industry in different aspects, he added. The countries receiving power from Iran’s grid are Armenia, Azerbaijan, Pakistan, Afghanistan, and the Nakhchivan Autonomous Republic. Notably, Iraq saw an increase

. Jordan has a capacity of one million barrels per day, with the first phase of the project being completed in July 2019. Jordan is also expected to contribute to the construction of an alternate Iraq-Iran oil export line to Syria in 2020. Notably, Iran is seen as an ally of Iran at its centre, although it has been exceptionally accommodating to Iraqi requests for increased co-operation. The two countries have been working together on establishing an energy network that will link the pan-regional network with Iraq. However, Jordan was not

Feed into Iraq. Under the electricity linkage project just signed between Iraq and Jordan, the Kingdom will provide Iraq 1,000 gigawatt (GW) hours per year in the first phase of the project. This will be followed by a second phase that allows for the two countries to further increase the power exchange capacity. Meanwhile, Saudi Energy Minister Prince Abdulaziz said that the interconnection project, which will take 26 months, will also be welcomed to Beijing. Notably, under the Iraq-Jordan 25-year deal, China will supply Iraqi

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