Forbes Magazine: America seeks to dominate the energy sector in Iraq
Forbes Magazine: America seeks to dominate the energy sector in Iraq
8-20-2024
Information/Translation..
A report by the American magazine Forbes, specialized in economic affairs, confirmed on Tuesday that the American government and multinational companies are working to accelerate efforts to dominate the Iraqi energy sector under the new Iraqi Prime Minister who supports the business sector to make Iraq energy independent by 2030.
The report, translated by Al-Maalouma Agency, stated that “American companies such as Translantic Petroleum, KBR, Emerson, Baker Hughes and Genel Energy are seeking to acquire and develop gas fields in the Ibn Umar River area in southern Iraq. The project includes an accompanying facility for exporting liquefied natural gas near Basra, which could be operational within this decade.”
“The ultimate American goal, in addition to producing Iraqi natural gas, building electrical infrastructure, and providing surplus energy, is to prevent cooperation with the Iranian side in the field of energy,” he added. Wilkie, an expert in military strategies and foreign policy, said that developing the energy sector in Iraq is part of a larger effort to ensure American national security and stability in the Middle East, he claimed.
He pointed out that “weakening cooperation between Iraq and Iran requires more than just making Iraq energy independent. It includes making the United States more dominant in energy so that countries do not have to rely on Russian natural gas or Iranian oil.”
“We were working on the Saudis when Trump left office, which brought the Saudis closer to an anti-Iranian ring that included Israel with US support, but things have changed a lot now, especially since the war in Gaza,” Wilkie stressed.
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