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Energy’s electric shock
The scale of energy demand growth by 2030 and beyond asks huge questions of gas supply especially in the US
Israel-Iran war imperils Egypt’s energy supply
Egypt’s government was already preparing for potential energy shortages this summer, and the loss of Israeli gas supply has made things worse
Iraq seeks alternatives to Iranian gas
The country is facing energy shortfalls this summer amid reduced Iranian gas imports and difficulties leasing an FSRU
Cheap gas key to unlocking new markets
Weaning poorer regions off coal means gas needs to be abundant and competitive longer term
Do not underplay China’s long-term gas growth narrative
A subdued market amid global trade tensions is just an aberration in gas’ upward trajectory
Is a Russia-Iran gas deal on the horizon?
Russia has ample spare gas, and Iran needs it, but sanctions and pricing pose steep hurdles.
Europe’s hard choices on gas security
EU half measures over storage regulation, geopolitical risks to ending Russian gas, power outage questions and China’s LNG resale leverage make for a challenging path ahead.
US AI to power gas growth
Datacentres to drive demand for gas and position the fuel as more than just a bridging solution
Europe enjoys temporary respite from high gas costs
More than anything else, weak Chinese gas demand is providing relief to EU consumers, but it is uncertain how long this relief will last
Gas may be bridge fuel for centuries
Energy majors argue transition debate has started to factor in the complexities of demand shifts and the wider role for gas
Bazerkan oil field, south of Baghdad
Iraq Gas Energy transition Energy security
Dr. Muhammed Abed Mazeel al-Aboudi
Ian Simm
21 October 2021
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Gas at the heart of Iraq’s transition

While oil has grabbed the headlines for Iraq, tapping its gas potential could transform the country’s economic fortunes

Iraq is a global oil giant, home to c.144bn bl of recoverable reserves, based on a conservative recovery factor of 17-29pc. But it also has the potential to be a gas player of international significance if it can overcome challenges to unlocking this opportunity. Given it provides more than 90pc of government funding, it is no surprise that the export of the vast majority of Iraq’s c.5mn bl/d of oil production attracts greater attention. It is also entirely understandable—with this budget centrality—that Baghdad has ambitions to increase output to 8mn bl/d by 2027. There remain large swathes of the country that are underexplored. And the government is recalculating its recoverable reserve fi

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