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…
Tag: Shahristani
Iraq Finally on World Gas Map
The Iraqi council of ministers has finally given its final stamp of approval today for the first gas deal of its kind in Iraq’s energy history based on the agreement initialized on July 12 between Royal Dutch Shell, Mitsubishi and South Gas Co, to capture and process flared gas in southern Iraq. This deal would put Iraq on the global gas map, something long due in view of the country’s…
MAPS
Kurdistan Oil & Gas Activity Map- Nov 2011 Exxon Blocks Map- unofficial kurd-Iraq disputed areas – International Crisis Group map BR4 Map BR3 Map BR2 Map BR1 Map
Exxon’s Leap into Kurdistan
It was only a question of time before it became public. ExxonMobil’s move into Kurdistan region of Iraq was surrounded with lots of hush hush from the time it signed in October, until the moment the ministry of natural resources (MNR) in the KRG decided to score a fantastic public relations coup. Now that it is public, where does this leave the regional and the federal governments and what fate…