Iraq: Iraq on Sunday signed a landmark deal with the Gulf Cooperation Council for a 300 km transmission line that would run from Kuwait to Iraq’s southern port of Faw and be financed by the GCC.
Electricity Minister Luay Al Khatteeb signed the agreement with the GCC Interconnection Authority (GCC IA) head Ahmad Ebrahim on the sidelines of an energy conference in Baghdad.
The GCC IA said building the line would cost some $220 M.
“This is the first type of linkage outside of the GCC. This is part of our vision,” Ebrahim told AFP.
“This first step will pave the way to discuss further and higher capacity projects, not only to supply Baghdad and northern Iraq but also as a pathway to other countries,” he said.
Source: Gulf News