Saudi Sakaka Solar Project to Be Launched before End of Year

A Saudi man walks past a field of solar panels at the King Abdulaziz city of Sciences and Technology, Al-Oyeynah Research Station, in Saudi Arabia. (Reuters)
A Saudi man walks past a field of solar panels at the King Abdulaziz city of Sciences and Technology, Al-Oyeynah Research Station, in Saudi Arabia. (Reuters)
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Saudi Sakaka Solar Project to Be Launched before End of Year

A Saudi man walks past a field of solar panels at the King Abdulaziz city of Sciences and Technology, Al-Oyeynah Research Station, in Saudi Arabia. (Reuters)
A Saudi man walks past a field of solar panels at the King Abdulaziz city of Sciences and Technology, Al-Oyeynah Research Station, in Saudi Arabia. (Reuters)

Saudi Arabia’s Al Jouf region will launch its first renewable power project before the end of the year, according to the state news agency.

The 300mw Sakaka solar photovoltaic IPP project is estimated to generate enough clean energy to power 45,000 households in the Al Jouf region while offsetting over 500,000 tons of carbon dioxide a year, ACWA Power chairman Mohammad Abunayyan told the agency.

The project is said to be the first renewable energy project being built under the renewable energy initiative of Custodian of the Two Holy Mosques King Salman bin Abdulaziz.



Iraq’s Oil Ministry Says Procedures for Oil Exports through Turkish Pipeline Complete

The Iraqi oil minister's announcement comes after the Iraqi parliament approved on February 2 a budget amendment that set a rate of $16 per barrel for oil transport and production costs in Kurdistan. (AFP)
The Iraqi oil minister's announcement comes after the Iraqi parliament approved on February 2 a budget amendment that set a rate of $16 per barrel for oil transport and production costs in Kurdistan. (AFP)
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Iraq’s Oil Ministry Says Procedures for Oil Exports through Turkish Pipeline Complete

The Iraqi oil minister's announcement comes after the Iraqi parliament approved on February 2 a budget amendment that set a rate of $16 per barrel for oil transport and production costs in Kurdistan. (AFP)
The Iraqi oil minister's announcement comes after the Iraqi parliament approved on February 2 a budget amendment that set a rate of $16 per barrel for oil transport and production costs in Kurdistan. (AFP)

Iraq's oil ministry said in a statement on Saturday that all procedures had been completed to allow the resumption of exports through the Iraq-Türkiye pipeline.

Iraq's oil minister said on Monday that oil exports from the semi-autonomous Kurdistan region will resume next week, resolving a near two-year dispute that has disrupted crude flows as ties between Baghdad and Erbil improve.

US President Donald Trump's administration is putting pressure on Iraq to allow Kurdish oil exports to restart or face sanctions alongside Iran, sources have told Reuters. An Iraqi official later denied pressure or the threat of sanctions.

The federal government of Iraq and the Kurdistan Regional Government (KRG) held technical talks following the oil minister's statements earlier this week to iron out details necessary for the resumption of exports, such as a payment mechanism acceptable to oil companies.

The Iraqi oil minister's announcement comes after the Iraqi parliament approved on February 2 a budget amendment that set a rate of $16 per barrel for oil transport and production costs in Kurdistan.

The amendment also requires the KRG transfer its oil output to the state-run State Oil Marketing Organization (SOMO)

The oil ministry in its Saturday statement asked the KRG to start delivering crude to SOMO in order for exports to resume.