Power & Renewables

Middle East & Africa May 2019

Regional analysis & forecasts
Middle East & Africa

Gas from Iran is critical to Iraqi power generation, and Iraq’s imports of the fuel are set to increase in June as electricity demand rises. Iraq has received exemptions from US sanctions on Iran, allowing it to continue to import Iranian gas. The latest waiver was reportedly granted at the start of May. Gas-fired generation accounts for around 25% of Iraq’s power output. Iraqi power generation rose by 8% on an annual basis in 2018 and further strong growth could be seen this year. Although...