Iraqi Oil Minister Abdul Karim Luaybi gives the latest on the draft Oil & Gas Law (OGL) and the state of the dispute with Exxon Mobil over its signed contract with the Kurdistan Regional Government (KRG) in an interview with Iraq Oil Forum editor Ruba Husari in Baghdad. (للنص العربي اضغط هنا) Q: You were expected to meet with the KRG’s Minister of Natural Resources Ashti Hawrami to agree a…
Joseph Bell & Cheryl Saunders – Iraqi Oil Policy & Constitution Issues Regarding Federal and Regional Authority
(Mr Asri Mousa was one of the main Iraqi negotiators of the south gas utilization project with Royal Dutch Shell and Mitsubishi Corp between 2008 and 2011) Iraq has been, since 2008, negotiating with Royal Dutch Shell to establish a joint gas company to capture flared gas from three giant oil fields in the province of Basra. The joint venture is based on a proposal by Iraq to create a…
The Basra Gas Company project is a great milestone to Iraq’s gas industry and a remarkable achievement for the country in its endeavor to monetize its natural resources. The utilization of associated gas is a huge challenge to the oil industry and many oil-producing countries worldwide. Russia, a leading world gas producer and exporter, flares 3500 million cubic feet of associated gas daily, about five times the amounts Iraq is…
