Baghdad targets greater gas security
As US-Iranian tensions threaten energy imports, Iraq is ramping-up domestic gas development
Iraq continues to import large quantities of its neighbour Iran's gas, a rare exception to the White House's ever-tightening squeeze on Iran's international trade. Anathema to the White House both for the financial fillip to the Islamic Republic and for adding an economic dimension to Tehran's political positioning in Baghdad, the permission recognises Iraq's dependence on the gas lifeline to meet rising power generation requirements—reducing electricity shortages that have proven potential to spark public unrest. Nonetheless, acquiescence is granted only under short-term waivers and accompanied by huge pressure on the Iraqi authorities to step up development of indigenous gas resources, wh

Also in this section
15 May 2025
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference