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
23 April 2026
The addition of an oil pipeline to the Power of Siberia 2 gas project could ensure deliveries of Russian oil to China, materially shorten logistics lines between West Siberia and final customers, and—amid disruption in the Strait of Hormuz—offer a land-based export route that reduces exposure to maritime chokepoints
23 April 2026
There is a clear push to bolster exports to Asia amid uncertainty around its North American neighbour, but there are limits to the benefits from the energy crisis
23 April 2026
Shell made the play-opening discovery in Namibia’s Orange basin back in 2022, but its next well could decide whether the project can actually be commercialised
22 April 2026
The failure of OMV Petrom’s keenly watched exploration campaign at Bulgaria’s Han Asparuh block highlights the Black Sea’s uneven track record, despite major successes like Neptun Deep and Sakarya
