Iraq signs deal with US firm to produce 24,000 MW of electricity

Iraq signs deal with US firm to produce 24,000 MW of electricity

Iraq on Wednesday signed a memorandum of understanding with US energy firm GE Vernova to produce 24,000 megawatts of electricity, the government said, during a visit by an American trade delegation. Prime Minister Mohammed Shia al-Sudani oversaw "the signing of a Memorandum of Understanding as part of a strategic cooperation framework with GE Vernova", his office said in a statement. "The MoU covers projects to establish combined-cycle gas power…

Sonelgaz Group CEO Mourad Adjal received an Iraqi delegation from the energy sector in Algiers on Thursday, which requested the public group's support for Iraq in the electricity and gas sectors. Led by Mansour Mareed Attia, a member of the Iraqi Parliament's Energy Committee, the delegation, which also included the CEO of the Iraqi Northern Electricity Distribution Company and his deputy, was received at the headquarters of Sonelgaz's General M…

The Central Bank of Iraq issued an amendment to the regulations for the Renewable Energy Initiative today, Thursday. The bank stated in a statement received by Noon News Agency that, "Based on the Central Bank of Iraq's goal of promoting sustainable development and its role...

"Energy Ministry": Iraqi Oil Imports Continue as Usual - Jordan News | Latest News from Jordan, MENA

The Ministry of Energy and Mineral Resources has confirmed that oil imports from Iraq are continuing at the agreed daily rate, as outlined in the memorandum of understanding between the two countries. The agreement stipulates the export of 10,000 to 15,000 barrels per day at a preferential price, which is $16 below the global market rate.

Iraq deepens U.S. energy ties as Trump tightens sanctions on Iran

Iraq deepens U.S. energy ties as Trump tightens sanctions on Iran April 10, 2025 Posted by: Quatro Strategies Categories: Business & Politics, Middle East, Oil & Gas, United States No Comments Subscribe to unlock this insight. START YOUR TRIAL NOWALREADY A MEMBER? .vc_custom_1452662201783{margin-right: 0px !important;margin-bottom: 40px !important;margin-left: 0px !important;}.vc_…

Iraq signs power-generation deals with US companies

Step toward solving electricity crisis Two companies to provide 27GW Plants to be built across Iraq Iraq has signed memoranda of understanding with two US companies to generate more than 27 gigawatts (GW) of electricity, including a giant solar power plant, according to the prime minister’s office. The electricity ministry signed the two MoUs with Massachusetts-based GE Vernova and Florida-based UGT Renewables in Baghdad on Wednesday during a vi…