After losing the majority of its gas supply from Iran, Iraq is moving forward with plans to construct a floating terminal to handle liquefied natural gas (LNG) imports.
In a statement to the state news agency (INA), Director of the South Gas Company Hamza Abdel-Baqi said last week that Iraq will shortly award a contract for the construction of a LNG import platform and pipelines that connect the facility with onshore pipelines to facilitate the delivery of gas to power plants in southern Iraq.
Baqi did not disclose sources of possible new LNG supplies but Iraq considered importing Qatari LNG in 2022 to face a rapid increase in domestic demand.