Kurdistan gives oil companies 18-month deadline to end gas flaring

The unexpected directive could spur progress toward ending the wasteful and environmentally damaging practice of flaring, but it also raises concerns for oil companies. Kurdistan gives oil companies 18-month deadline to end gas flaring A flare burns at the Taq Taq oil field in 2016. (STAFF/Iraq Oil Report) By LIZZIE PORTER AND RAWAZ TAHIR of Iraq Oil Report Publishe

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UNDP: IMPACT OF COVID-19 ON THE IRAQI ECONOMY

FOREWORD This paper builds on the “Impact of the Oil Crisis and COVID-19 on Iraq’s Fragility” published in August 2020 by the United Nations Development Programme (UNDP). It explored how the COVID-19 pandemic and diminishing oil revenues are affecting various dimensions of Iraq’s fragility. A series of forthcoming papers will provide more details on key aspects of Iraq

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Iraq Moves To Exploit Its Massive Natural Gas Reserves. By Simon Watkins

Official estimates are that Iraq’s proven reserves of conventional natural gas amount to at least 3.5 trillion cubic meters (tcm), or about 1.5 percent of the world’s total, placing Iraq 13th among global reserve-holders, with around three-quarters of this figure comprising associated gas that is found in the same reservoirs as oil. The International Energy Agency, though, esti

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