Strategic Council Online – Opinion: Saudi Arabia has been trying to dominate the Iraqi energy market and move the country away from relying on Iranian gas and electricity, to the extent that Iraqi electricity will soon be connected to the national grid of the Persian Gulf countries.
Hassan Hanizadeh – Expert on Middle East affairs
Having enjoyed the extensive reserves of gas and oil, Iraq has always been an interesting country for foreign investors and well-known and major companies in the energy field. But political-security incidents and unrests of the country within the past few decades have made it hard and even sometimes impossible for activities in the energy field. Unlike other Arab countries of the Persian Gulf, not enough investment was made in Iraq especially in the energy sector.