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An economist considers importing Qatari gas more feasible for Iraq

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An economist considers importing Qatari gas more feasible for Iraq

economy     Iraq     Qatar     Gas
2023-08-12 02:47

Shafaq News /
The academic economist, Nabil Al-Marsoumi, considered, on Saturday, that

importing Qatari gas to supply power stations in Iraq is more feasible than any other option
,

especially after the accumulation of debts to Iran for importing the same material.

Al-Marsoumi said in a post on his Facebook page,

"Iraq is studying many options to diversify the sources of liquefied gas,

and not rely entirely on Iranian gas after Iraq fell into financial problems that made it difficult for it to pay financial dues to Tehran, which forced Iran at many times, To reduce the quantities of gas exported to Iraq by 40%, as a result of Baghdad's failure to pay the outstanding debts, which amounted, as Iran says, to $11 billion.  He added,

"Iranian gas is imported through two tracks, the

first is the gas pipeline for the central region (Naft Khana-Baghdad), and the
second is the southern gas pipeline (Basra-Abadan)."  The economist continued,

"Choosing any alternative to Iranian gas requires a study of the technical and economic feasibility of the price equation through which gas is supplied to Iraq,

especially since Iraq has spent more than $800 million to establish these two supply lines for Iranian gas, as well as the possibility of obtaining safe and stable supplies." of imported gas.  And Al-Marsoumi indicated that

"one of the most important of these options that Iraq can resort to is to use Qatari gas to supply and operate the electric stations, by establishing a gas receiving station in the port of Umm Qasr in Basra, and

there is a tendency to establish a system in the port to receive gas, as we do not have such

This station is important for receiving this gas coming via ships, especially since the technical proposals for the cost of the system are currently being studied.  Al-Marsoumi suggested that

"the establishment of a platform to receive Qatari gas through the platforms that will be installed in the port of Umm Qasr, and the extension of pipelines from the platform to the Iraqi gas lines, and then to the stations."  The economist pointed out that

"the distance between the Iraqi port of Umm Qasr in the city of Basra and Hamad International Port is estimated at about 650 km, while the estimated journey time is about 48 hours, and

it is possible to extend a pipeline to transport gas from Qatar through the sea and through Iraq to Turkey to export it to Europe is within the path of development to be established in the future.

Al-Marsoumi concluded his post by saying:

"Because of the long distance between Iraq and Turkmenistan, which is 1,559 km, transporting gas from Turkmenistan to Iraq will be the most expensive option,
both in terms of the cost of establishing the pipeline or the cost of importing gas from it."


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