9/4/2025–|Last update: 9/4/202510:10 PM (Mecca time)
Iraq signed today, Wednesday, a memorandum of understanding with the United States on projects that include electricity stations with a capacity of 24,000 megawatts, during a visit to an American commercial delegation representing more than 60 companies to Baghdad.
The media office of the Iraqi Prime Minister Muhammad Shi’a Al -Sudani stated in a statement that the Iraqi Ministry of Electricity and the company “GE Fernova” signed a memorandum of understanding that includes projects for invading gas power production stations within 24 thousand megawatts, “noting” the possibility of securing the provision of external financing from international banks. “
On Wednesday, the Sudanese signed a signing ceremony for “a second note that included the principles of cooperation between the Ministry of Electricity and the US Renipedes Group to create an integrated solar energy project with a capacity of three thousand megawatts”, in addition to “creating up to one thousand kilometers of the new infrastructure to transport the high -voltage direct current.”
The Iraqi Chambers of Commerce and the American Chamber of Commerce signed a memorandum of understanding “to enhance the existing economic, cooperative, scientific and technological relations.”
Prime Minister, Mr. Mohamed Shi’a Al -Sudani, is sponsoring a signature ceremony for a memorandum of understanding, within the framework of the principles of cooperation with the company (GE Vernova), which includes projects for invading gas energy production stations, up to 24 thousand megawatts, in a plan that is the broadest and latest in the history of Iraq, with the possibility of providing financing providing … pic.twitter.com/kbnfzctfck
– The Prime Minister’s Media Office 🇮🇶 (@iqipmo) April 9, 2025
A mission of about 60 American companies- the largest American commercial mission- visited Iraq from Monday to Wednesday to sign a number of agreements with the private sector.
The Prime Minister’s Adviser to Foreign Relations, Farhad Aladdin, said that the Iraqi government “has put plans to achieve independence and meet the needs of the Iraqi people from stable and uninterrupted electricity.”
He pointed out that the memorandum of understanding that Iraq signed with “GE Vernova” reflects “the sustainable relationship with American companies that can provide the experiences and services that Iraq needs.” He added that “Iraq is a land of opportunities for major companies to work and invest in them.”
Last month, the administration of US President Donald Trump canceled the exemption of sanctions that allowed Iraq since 2018 to pay the price of electricity to Iran, at a time when Washington continues the “maximum pressure” campaign on Tehran.
Iraq, the second largest oil producer in the Organization of Petroleum Exporting Countries (OPEC) after Saudi Arabia, uses Iranian energy imports, and is under pressure from the United States to reduce its dependence on energy and gas imports from Iran.
