RIYADH: Saudi Energy Minister Prince Abdulaziz bin Salman on Wednesday held talks in Riyadh with visiting Iraqi Minister of Electricity Ziad Ali Fadel on recent developments on a project that will link the two countries’ power networks.
The Saudi-Iraqi interconnection project will improve reliability of the electrical networks in the two countries, achieve economic savings, enhance optimal energy exchange for electricity production, and attract investment in electricity generation projects.
The meeting also explored opportunities for cooperation between the Kingdom and Iraq in renewable energy, while benefiting from the capabilities of ACWA Power and its contribution to the development of future projects in Iraq.
The two ministers also discussed sharing the Kingdom’s expertise in the field of smart meters, as well as opportunities for Saudi companies to participate, alongside Iraqi companies, as contractors and manufacturers in developing infrastructure for smart meters.
The Iraqi delegation was briefed on the financial and regulatory reforms witnessed by the electricity sector in the Kingdom during the past three years.
In June 2022, the Saudi energy minister met with Iraqi Minister of Oil Ihsan Ismail to discuss connecting the two countries’ electricity grids, as well as ways to strengthen cooperation in the energy fields through the Saudi-Iraqi Coordination Council.
Saudi Arabia and Iraq signed a memorandum of understanding in January last year to connect their electricity grids.
The agreement aims to share power-generating reserves and exchange electricity for emergency use in case of power cuts.
Saudi Arabia’s economic ties with Iraq have improved dramatically recently.
During a visit to Baghdad in February, Prince Faisal bin Farhan, the Kingdom’s foreign minister, said that Iraq plays an essential role in strengthening stability in the region.
Prince Faisal also highlighted the depth of relations with Iraq, saying that ties between the two countries have recently witnessed “great momentum.”
Saudi, Iraqi ministers discuss power-sharing project
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Saudi, Iraqi ministers discuss power-sharing project
- The Saudi-Iraqi interconnection project will improve reliability of the electrical networks in the two countries
- The two ministers discussed sharing the Kingdom’s expertise in the field of smart meters
Yemeni government says it appreciates Saudi leadership of coalition supporting legitimacy
- The internationally recognized government in Yemen called on the Southern Transitional Council to immediately and unconditionally withdraw from the governorates of Hadramaut and Al-Mahra
RIYADH: Yemen’s government appreciates the historical and steadfast positions of Saudi Arabia and its pivotal role in supporting Yemen’s security and stability, a statement issued by the country said on Tuesday.
Yemen also appreciates the Kingdom’s constant concern for protecting civilians, reducing escalation, and preventing the eastern provinces of the country from sliding into conflicts that serve hostile agendas.
The internationally recognized government in Yemen called on the Southern Transitional Council to immediately and unconditionally withdraw from the governorates of Hadramaut and Al-Mahra, hand over military sites and camps to the Homeland Shield Forces and local authorities in the governorates, and refrain from any military or escalatory actions that threaten local security and undermine de-escalation efforts.
The statement affirmed the government’s full welcome and absolute support for the decisions taken by the President of the Presidential Leadership Council and Supreme Commander of the Armed Forces Rashad Al-Alimi, including the declaration of a state of emergency and measures to protect local security, preserve the unity and sovereignty of the state, and maintain its legal status, in light of the dangerous developments taking place in the eastern governorates of Yemen.
The government said that a state of emergency was declared “to confront the armed rebellion, protect civil peace, and prevent sliding into chaos and undermining state institutions.”
