Iraq moves to develop solar energy with its commitment to oil and gas projects
Shafaq News / The Ministry of Oil said that Iraq is committed to oil and gas projects, indicating that it is seeking to develop solar energy.
"Iraq is still committed to making progress in oil and gas projects with its international partners," Oil Minister Ihsan Abdul-Jabbar said during the ADIPEC virtual conference held in the UAE, which was followed by Shafaq News.
He added, however, that he "also wants to develop more solar and renewable energy."
For his part, Raad Al-Qadri, senior director at the BCG Energy Impact Center, said, "Iraq will struggle to find the necessary investment - and create a stable environment for investors - to develop these projects."
"OPEC, of which Iraq is a key member, must" continue the path "and extend the agreement to reduce oil production, Kadiri noted.
The virtual exhibition of Adipec, one of the largest energy events in the Middle East and North Africa, kicked off on Tuesday and is usually hosted in Abu Dhabi, the capital of the United Arab Emirates.
Energy ministers from Egypt, Jordan and Iraq were among the speakers, in addition to Fatih Birol, head of the International Energy Agency.