Two Investment Opportunities in Basra

There are two big investment opportunities to construct two major gas-driven power plants in Basra, the Basra Investment Commission said in a release on Monday.

“The first plant will have a capacity of 1,250 Mwatt, while the second one will be able to generate 1,350 Mwatts of electricity,” said the release received by Aswat al-Iraq news agency.

It said that the location of both stations will be western Basra province, and both will be supplied by natural gas from nearby oil sites.

The oil-rich city of Basra lies t590 km south of Baghdad.

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