Latest news with #FutureEnergySecuritySummit
Iraqi News
25-04-2025
- Business
- Iraqi News
Oil Minister: Iraq is working to create a large power plant using solar energy
Deputy Prime Minister for Energy Affairs, Oil Minister Hayyan Abdul Ghani confirmed on Friday that Iraq is working to create a large power plant using solar energy. A statement by the Oil Ministry received by the Iraqi News Agency (INA) said that 'the oil minister, during his meeting with the Executive Director of the International Energy Agency, Fatih Birol, on the sidelines of his participation in the Future Energy Security Summit in London, pointed to the importance of promoting the use of alternative energy sources in Iraq, especially in the field of electricity generation.' 'Iraq has many projects to use clean energy, including projects to establish the largest solar power plant in the country, and other projects to invest gas in national industries, which represents a strategic step within the government's program to diversify energy sources,' Abdul Ghani said. For his part, IEA Executive Director Fatih Birol stressed that "diversifying the energy mix has become an urgent necessity to achieve energy security, reduce dependence on a single source, as well as keep pace with global shifts towards sustainability." The statement continued that "during the meeting, the impact of the current geopolitical situation on global oil markets was discussed, and the two parties stressed the need for continued coordination and joint cooperation to face the emerging challenges in the energy sector."
Iraqi News
24-04-2025
- Business
- Iraqi News
Oil Minister: Clean energy projects aim to produce 12,000 megawatts
Baghdad-INA Deputy Prime Minister for Energy Affairs and Minister of Oil, Engineer Hayan Abdul-Ghani Al-Sawad, confirmed on Thursday that clean energy projects in Iraq aim to produce 12,000 megawatts. A statement from the ministry, received by the Iraqi News Agency (INA), stated that "Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani Al-Sawad, during his speech at the panel discussion at the Future of Energy Security and the Transition to Sustainable Resources Summit held in London, stressed that fossil fuels will remain an important source of energy and industry in the coming years." The minister pointed to "the Iraqi government's efforts and plans to expand the use of renewable energy, particularly in solar power generation projects, which aim to produce 12,000 megawatts. This is in addition to the significant investment in associated gas from several projects and its beneficial uses, including the Southern Iraq Integrated Project in cooperation with Total. The project also includes, for the first time, the use of seawater for injection into oil fields." The ministry's statement added that "the Future Energy Security Summit is being held with the participation of energy ministers and senior officials from more than 60 countries, in addition to major international energy companies, in cooperation between the British government and the International Energy Agency."
