FINANCIAL NEWS

Iraq to boost imports of Iranian electricity

28 Feb 2012

(MENAFN) Iraq’s Electricity Ministry spokesman, Masaab Serri, said that his country plans to boost electricity imports from Iran to 1,150 megawatts (MW) a day from the current 1,000 MW a day, reported Tehran Times.

Serri added that the extra amount, which would be received before summer, would be delivered via Iraq’s 4 lines of supply from Iran.

On the other hand, he said that his country also receives 250 MW a day from three Turkish ships docked off its southern coast.

It is worth noting that currently, Iraq has the capacity to produce nearly 6,000 MW a day, whereas demand surpasses 14,000 MW.

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