Iraq renews gas drive
Baghdad turns again to China to develop its second largest gasfield
Iraq’s two largest non-associated gas deposits have languished unexploited for some seven years, even while the country's ability to supply year-round electricity to its increasingly disillusioned population relies on importing the resource from Iran. But new contract awards finally promise some progress on improving domestic supply. A long-delayed project to harness associated gas from some of the country’s biggest oilfields—flaring from which over the past decade represents another egregious financial (and environmental) failure—is a central plank of a wide-ranging investment pact signed with Total last month, confirming renewed focus on a gas self-sufficiency drive. Pressure from Washingt
Also in this section
18 February 2026
With Texas LNG approaching financial close, Alaska LNG advancing towards a phased buildout and Magnolia LNG positioned for future optionality, Glenfarne CEO Brendan Duval says the coming year will demonstrate how the company’s more focused, owner-operator approach is reshaping LNG infrastructure development in the North America
18 February 2026
The global gas industry is no longer on the backfoot, hesitantly justifying the value of its product, but has greater confidence in gas remaining a core part of the global energy mix for decades
18 February 2026
With marketable supply unlikely to grow significantly and limited scope for pipeline imports, Brazil is expected to continue relying on LNG to cover supply shortfalls, Ieda Gomes, senior adviser of Brazilian thinktank FGV Energia,
tells Petroleum Economist
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
