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Mazhar Saleh: Iraq is searching for a globally advanced position in gas production

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Mazhar Saleh: Iraq is searching for a globally advanced position in gas production
 
The first 02/25/2024
Baghdad: Hoda Al-Azzawi
 
Iraq is focusing on seizing an advanced position in the list of the ten largest gas producing and exporting countries in the world, while
 
possessing huge reserves that place it in 12th place in the world,
 
but it produces less than 9 billion during an entire year, in addition to the urgent need to enter the gas sector


Sustainable energy.
 
Adviser to the Prime Minister for Economic and Financial Affairs, Mazhar Muhammad Salih, said in an interview with “Al-Sabah”:
 
Iraq is one of the countries most likely to engage in the use of renewable energies, especially solar energy, as
 
it is one of the rare countries with increased sunrise hours.”  Saleh added,
 
"Iraq needs to enter the era of renewable energy, in addition to respecting carbon zero agreements for the optimal use of natural gas," noting that
 
"it is necessary to
 
     diversify the sources of energy production and
     use and enter into the clean energy sector and
     economic development.
 
Today, we need to produce twice the current energy."". In the face of the increasing need for energy, Saleh pointed out that
 
“the economic reform plan is moving towards diversifying the Iraqi economy.
 
Economic diversification
 
     begins with the oil sector by
     shifting from absolute rentierism to relative rentierism.
 
Instead of importing oil derivatives worth more than $5 billion, it can be compensated
 
by switching from importingTo a source of petroleum products,
 
which allows Iraq to
 
     maximize the value of national income and
     create diversity important for sustainable development.”
 
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