Iraq imports energy storage vehicles

Does Iraq still use oil?

Iraq will continue to mostly use oil to meet energy demand until it develops more natural gas processing capacity and pipeline infrastructure. Federal Iraq refers to the political entity that is governed by the central government of Iraq in Baghdad.

What is Iraq's refining capacity?

Iraq’s total operating refining capacity is about 1.2 million b/d.27 The Iraqi government plans to reduce petroleum product imports by rehabilitating the refining sector and building new refineries, but the government has struggled in its efforts to attract the foreign investment needed in the downstream sector.

Is biomass a source of electricity in Iraq?

Traditional biomass – the burning of charcoal, crop waste, and other organic matter – is not included. This can be an important source in lower-income settings. Iraq: How much of the country’s electricity comes from nuclear power? Nuclear power – alongside renewables – is a low-carbon source of electricity.

How has war affected Iraq's power infrastructure?

Despite the extraordinary challenges of war in recent years, Iraq has made impressive gains, nearly doubling the country’s oil production over the past decade. But the turmoil has also undermined the country’s ability to maintain and invest in its power infrastructure.

Does Iraq approve a $153 billion budget?

Ahmed Rasheed and Timour Azhari, Reuters, “Iraq approves record $153 billion budget including big public hiring,” June 11, 2023. International Monetary Fund, 2022 Article IV Consultation with Iraq, February 2023, Table 2, page 27. U.S. Energy Information Administration, OPEC Revenues Factsheet, June 2023.

How many mln bpd can Iraq export from its southern ports?

September 1, 2023; Reuters, “Iraq can export more than 3.3 mln bpd from its southern ports, oil minister says“, April 7, 2022; Middle East Economic Survey, “Iraq Crude Oil Exports Push Against Capacity Constraints”, May 6, 2022; Reuters, “Iraq to boost southern oil export capacity from second quarter – source”, January 11, 2022.