Executive Summary: In addition to the many challenges facing Iraq now, desertification is yet another formidable challenge that needs immediate attention. The seemingly unstoppable desert expansion is creeping up and taking over the fertile lands in Iraq in unprecedented speed! It is manifested in a dramatic shrinking of green cover and the losses of millions of trees an
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West Qurna-2 has around 14 billion barrels of reserves in place. West Qurna 2 has long been able to produce a lot more than the 400,000 bpd it currently produces. Russian operator Lukoil has been receiving an exceptionally low remuneration rate per barrel. Changes in the stance of both Baghdad and Lukoil could mean that the original deal to boost production to at l
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It is in the national interest that the Ministry of Oil, especially in the absence of due democratic processes in making policy, consult with an Iraqi think-tank, made up of competent Iraqi oil technocrats, in an atmosphere of constructive debate. Rules and procedures for incorporating advice and consultation from the think-tank ought to be worked out and selection should be
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Dana Gas, the leading publicly-listed regional natural gas company in the Middle East, and its partner, Crescent Petroleum, the oldest private oil and gas company in the region, have reported record sales and gas production from its operations in the Kurdistan Region of Iraq (KRI), which surged to hit 452 million cu ft of gas per day (MMscf/d) at the end of 2021. The product
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Baghdad is most at risk from the global transition to net-zero by the middle of the century Iraq's deputy prime minister and finance minister Ali Allawi called on the international community to help rentier economies such as Iraq through funding and transfer of knowledge to combat climate change. AFP Iraq, Opec's second-largest producer, plans to inves
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