Iraq: Iraq Oil Expert: Baghdad Shouldn't Replace Oil with Renewables

Jul 26, 2021 | Tsvetana Paraskova, OilPrice.com
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It is not in Iraq's best interest to adopt renewable energy at the expense of fossil fuels, energy and oil expert Hamza al-Jawaheri told local Shafaq News Agency in an interview on Monday. Iraq, OPEC's second-largest producer behind Saudi Arabia, has been suffering from power outages and disruptions due to a lack of investment in its transmission grids. Iraq also relies on electricity and natural gas imports from neighboring Iran for its power supply and has received waivers from the United States to continue importing electricity from Iran despite the American sanctions against Tehran.