Jeddah, Saudi Arabia — Iraq can revert to fuel-switching if the country loses or has reduced access to Iranian gas for its power needs, Iraq’s oil minister Thamir al-Ghadhban told journalists on Sunday in Jeddah, Saudi Arabia. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “We have stored quite a sizable stock of gasoil,” Ghadhban said. “We do have in some of the gas-fired plants the capability of burning more liquids like fuel oil, gasoil, or crude oil, so we can convert any of those liquids [for power generation].” At the moment, Iraq is burning around 70,000 b/d of crude for power generation purposes, Ghadhban said. Iranian gas supplies nearly 20% of Iraq’s total gas-fired capacity, and gas is playing a growing role in the country’s power generation mix — now comprising around 55% of total power generation, compared with 20% in 2012, according to […]