Iraq faces looming energy crisis as Iranian gas imports end in eight days
For over two decades, successive Iraqi governments have struggled to develop a self-sufficient energy sector, leaving the country heavily dependent on imports.
ERBIL (Kurdistan24) – Iraq is on the brink of a significant energy crisis as its reliance on Iranian gas and electricity nears an abrupt end. In just eight days, the country will no longer receive energy imports from Iran, raising concerns over severe power shortages amid mounting international pressure and internal infrastructure challenges.
For over two decades, successive Iraqi governments have struggled to develop a self-sufficient energy sector, leaving the country heavily dependent on imports. Whether due to political motivations, inadequate infrastructure, or poor planning, Iraq has failed to harness its domestic resources effectively. As a result, up to 40% of its electricity and gas supply comes from Iran.
To mitigate its energy shortfall, Iraq signed a five-year, $20 billion energy agreement with Iran. However, the terms of the deal have continuously evolved, leaving the country in a precarious position. In July 2023, Iraq took initial steps toward self-reliance by exporting crude oil instead of importing energy, but progress remains slow.
In the immediate future, Iraq will have to depend on oil and gas supplies from the Kurdistan Region while seeking alternative sources. Despite signing agreements with Western energy companies, the country faces immense pressure from the United States and European nations to diversify its energy partnerships.
Currently, Iraq produces 26,000 megawatts of electricity, far short of the 40,000 megawatts required to meet public demand. Additionally, the country needs 55 million cubic meters of gas daily to sustain its energy needs. Experts warn that without rapid investment in domestic energy infrastructure, Iraq will remain vulnerable to regional and international influences, with no viable solution to its energy crisis for at least the next five years.
As the final countdown to the end of Iranian gas imports begins, Iraq must urgently address its energy shortcomings or face prolonged instability in its power sector.
