Electricity interconnection brings economic savings for Gulf countries worth $3 billion
Alanbat – Mohammad Alnimer
The Chief Executive Officer of the Gulf Interconnection
Authority, Eng. Ahmed bin Ali Al-Ibrahim, said that the electrical
interconnection between the countries of the Gulf Cooperation Council has
achieved economic savings for the Gulf cooperation council countries amounting to
nearly $3 billion since the project was fully operational in 2009.
This came on the sidelines of the signing of an agreement in
Doha on Monday between the Qatar Fund of Development (QFFD) and the Gulf
Cooperation Council Interconnection Authority (GCCIA), aimed at developing the
Gulf Electrical Connectivity System and linking it to Iraq's southern network.
A statement from the Qatar Fund of Development stated that
this agreement is aimed at contributing to and meeting part of the demand for
electricity and improving the performance and stability of the grid in the
southern Iraqi region through the establishment of a new 400 kV conversion
plant from the Wafra station of the Interconnection Authority to Al-Faw power
transfer station in southern Iraq, which would enable electricity to be
transferred from the Gulf Cooperation Council countries to Iraq.