China is willing to finance the electricity demands Rumaila station project benefits
China is willing to finance the electricity demands Rumaila station project benefits up to 280 million dollars.
Chinese Ambassador in Iraq, on Sunday, his desire to broaden cooperation with Iraq in the field of electricity and especially new Rumaila station project with indicated that there are benefits to Shanghai costs 280 million dollars for the operation and maintenance of Wasit station thermal, MEW willingness to compromise and reach a satisfactory solution regarding the payment process.
The electricity Ministry said in a statement, received (range), a copy of it, that "the electricity Minister Qasim Muhammad captured suspects today, greeted by new Chinese Ambassador library in Iraq, Chen weitshingh, and discussed with him ways of cooperation in the field of electrical energy".
The Ministry quoted the Chinese Ambassador as saying that his country "is willing to cooperate with the Republic of Iraq in various fields, particularly electricity," adding that "China has become economic and trade partner with Iraq and has pilot projects in this field and standing on her head of Wasit station project that supply national electricity system thermal capacity (2500) MW.
Chen noted that weichingh visit us today to view the first two is the subject of the draft new China wherein Rumaila station funding, and the second topic is the Chinese Shanghai company benefits operation and maintenance station blast, which reached by thermal (280) a million dollars ", pointing out that the company needs this amount we are willing to consult in order to find ways of payment.
The statement said that "the electricity Minister, captured suspects, discuss those topics with the Chinese side and vowed to reach a satisfactory formula."
Iraq is suffering a shortage of electricity since the beginning of 1990, the last three years have seen an improvement in power supply after opening a number of electric stations (alzbideh in Basra and Karbala walhaidrih in Najaf and Maysan gas station and two in Diwaniya and Sadr station in Baghdad, Basra's Shatt al-Arab walrmilh stations and gas station in Kirkuk), where hours of operation to about 20 hours, especially with low temperatures with reduced hours of operation heats up Increasing loads on power plants during peak times.
Despite achieving energy production in Iraq some 12000 MW, it is still below the level of ambition and the need of more than 20 thousand MW to over Iraq, which needs huge investment to reach self-sufficiency.