Iraq energy storage record project

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.

Why is Iraq's energy system vulnerable?

However the capacity to capture and process this gas has not kept pace. The inability to utilise its gas riches means that the country's gas deficit has grown, and Iraq now relies on imports from Iran to meet increasing demand. This has introduced a number of vulnerabilities to Iraq’s energy system.

What happened to totalenergies in Iraq?

In the 1970s, TotalEnergies had a service contract in Iraq that led to the discovery and development of the Maysan oil fields. Recently, Iraq has become more critical for the gas company as TotalEnergies projects in Iran (negotiated in the late 1990s) and Syria (negotiated in 2008) are on hold because of sanctions.

What is KBR doing in Iraq?

“Timing is huge,” KBR’s President of Sustainable Technology Solutions, Jay Ibrahim, said. KBR has been in Iraq since the 1970s, and it has hired more than 500 people recently, including 150 Iraqis to work on developing Iraq’s energy and electric sector.

How has war affected Iraq's power infrastructure?

Despite the extraordinary challenges of war in recent years, Iraq has made impressive gains, nearly doubling the country’s oil production over the past decade. But the turmoil has also undermined the country’s ability to maintain and invest in its power infrastructure.

Does totalenergies have a relationship with Iraq?

As one of the top world oil and gas companies, TotalEnergies relationship with Iraq and the region is not new. In the 1970s, TotalEnergies had a service contract in Iraq that led to the discovery and development of the Maysan oil fields.