New Iraqi oil minister Hayan Abdulghani previously served as director-general of state-owned South Gas Company
This time for Iraqi gas?
The new Baghdad government hopes to succeed where predecessors have failed in developing supply
New Iraqi oil minister Hayan Abdulghani took office in October pledging to accelerate gas development. Successive oil chiefs have been making the same promise for well over a decade, yet only a single significant non-associated field is onstream while the volume of associated gas productively harnessed remains less than that squandered in environmentally damaging flaring. Instead, Iraq remains dependent on imports from Iran, with all the fiscal and political issues that brings. There are, though, reasons to hope that Abdulghani might fare better than his predecessors, not least of these is awareness of the need to seize the opportunity created by conducive international market conditions. Us
Also in this section
25 March 2025
Cote d’Ivoire’s ambitions to become a major regional producer have gained renewed momentum, with established players and new entrants striking upstream deals and committing to long-term investment
24 March 2025
Indian E&P company wants to take domestic production to a new horizon, given the amount of unexplored opportunities
21 March 2025
Two recent developments raise the prospect of a revival in northern Iraqi oil and gas fortunes, but familiar obstacles could thwart momentum
20 March 2025
As cash-strapped Western governments commit to substantially raising defence expenditure, a similar dynamic is playing out in Saudi Arabia’s oil and gas sector, as Saudi Aramco maintains it heavy capex push despite reduced revenues
