Iraq and Saudi Arabia Sign the Gulf Interconnection and Electricity Supply Agreements on the Sidelines of the Jeddah Summit for Security and Development

((Ashur Land / Baghdad))
On Friday evening, Iraq and Saudi Arabia signed protocol agreements for the supply of stable and reduced-cost electricity through the agreement with the Gulf Interconnection Authority.

The protocol was signed by the acting minister from the Iraqi Ministry of Electricity and the Deputy Minister of the Ministry of Energy/ Chairman of the Board of Directors at the GCC Interconnection Authority on the Saudi side.

This agreement will create conditions for the stability of the electricity supply for the Iraqi national electricity grid, especially with the high demand in the summer.

A second protocol agreement was also signed to supply electricity to Iraq from Saudi Arabia and for the Iraqi national electricity grid to become an interconnection hub for power transmission between the continents of Asia and Europe. The protocol was signed by the Minister of Oil on the Iraqi side, and the Minister of Energy on the Saudi side.

These steps come on the eve of the Jeddah Security and Development Summit starting Saturday, July 16, 2022, with the participation of Prime Minister Mustafa Al-Kadhimi who is leading a high-level Iraqi government delegation.

Media Office of the Prime Minister
15th July 2022