Country Analysis Executive Summary: Iraq

Feb 24, 2021 · Natural gas • At nearly 132 trillion cubic feet (Tcf), Iraq’s proved natural gas reserves at the end of 20 20 were the 12th largest in the world.18 About three-quarters of Iraq’s natural gas reserves are associated with oil, and most of this associated natural gas is in the supergiant fields in the south.19Get price

Background Reference: Iraq

OverviewPetroleum and Other LiquidsNatural GasElectricityEndnotesKurdistan Regional Government and BaghdadGet price

Natural gas production and flaring in Iraq, 2000-2030

Iraqenergy sector_Natural gas production and flaring in Iraq, 2000-2030Get price

Total Considers Investing in Iraqi Natural-Gas Projects

Oct 24, 2020 · Iraq’s economy, which derives almost all income from oil, is under severe strain due to this year’s coronavirus-induced collapse in crude prices. The government is pushing to develop its vast gas...Get price

Iraq to eliminate gas flaring by 2022 | The National

A 2018 study by Siemens found that Iraq could save about $5.2Get price


IraqPetroleum-Problems and Opportunities In its latest report on Iraq (of October 2003), the International Monetary Fund (IMF) stresses its concern over the level of debt currently borne by Iraq. The Fund argues that the full amount may exceed $120.0bn (estimates vary in the $80-130bn range) and thatGet price

Iraq’s Uneasy Road to a Green Economy - Inside Arabia

Mar 15, 2019 · To date, Iraq’s ability to entice foreign investors has been limited to oil and gas industries, while other sectors of the economy have been largely neglected. At the technical level, without rebuilding the decrepit electricity infrastructure, Iraq will not be able to make clean energy projects work.Get price

Iraq Says It Will ‘Significantly’ Cut Gas Imports from Iran

Aug 25, 2020 · “Iran exports 1200-1500 megawatts of electricity to Iraq on a daily basis, in addition to 38 million cubic meters of natural gas to feed several of Iraq’s power stations, according to Sayyid Hamid Hosseini, secretary-general of Iran-Iraq Joint Chamber of Commerce.Get price

Iraq - Economy | Britannica

Iraq - Iraq - Economy: Iraq’s economy was based almost exclusively on agriculture until the 1950s, but after the 1958 revolution economic development was considerable. By 1980 Iraq had the second largest economy in the Arab world, after Saudi Arabia, and the third largest in the Middle East and had developed a complex, centrally planned economy dominated by the state. Although the economyGet price

Petroleum industry in Iraq - Wikipedia

Iraqoil sector has suffered over the past several decades from sanctions and wars, and its oil infrastructure is in need of modernization and investment. As of June 30, 2010, the United States had allocated US$2.05 billion to the Iraqi oil and gas sector to begin this modernization, but ended its direct involvement as of the first quarter of 2008. According to reports by various U.S. government agencies, multilateral institutions and other international organizations, long-term IraqGet price

Toshiba Receives Order to Supply Gas-Insulated Switchgears

Apr 16, 2020 · This contract involves 400-kV GIS, 132-kV GIS and 400-kV power transformers for a 400-kV class substation currently being planned by the MoE in Babil Province in central Iraq. The 400-kV GIS will be manufactured by Toshiba ESS’s Hamakawasaki Operations, and the 132-kV GIS and the 400-kV power transformers will be manufactured by Toshiba Transmission Distribution Systems (India) Pvt. Ltd. (hereafter “TTDI”).Get price

Economy of Iraq - Wikipedia

The economy of Iraq is dominated by the oil sector, which has provided about 99.7% of foreign exchange earnings in modern times. Iraqhitherto agrarian economy underwent rapid development following the 14 July Revolution overthrowing the Hashemite Iraqi monarchy, becoming the third-largest economy in the Middle East by 1980.Get price

Iraq Has To Import Gas And Electricity From Iran For Years

Apr 25, 2020 · Iraq was expected to invest $ 10 billion in its oil and gas projects to end its dependency on Iran within four years. Nevertheless, none of the projects are have made headway.Get price

Iraq - GECF | Gas Exporting Countries Forum

Apart from petroleum and natural gas, Iraq’s other natural resources include natural gas, phosphates, and sulphur. Agriculture has historically been of a great economic importance for Iraq. Farm management, animal husbandry, and pasture improvement, with livestock including cattle, sheep, goats and poultry, are important industries.Get price

Thermal Insulation Handbook for the Oil, Gas, and

Purchase Thermal Insulation Handbook for the Oil, Gas, and Petrochemical Industries - 1st Edition. Print Book E-Book. ISBN 9780128000106, 9780128007853Get price

In Iraq, Burning Gas Poisons the Air - The New York Times

Jul 16, 2020 · As Iraq’s economy craters under the twin assault of collapsing oil prices and the coronavirus pandemic, it can ill afford the several billion dollars a year it spends buying gas from Iran. TheGet price

Natural Resources of Iraq - WorldAtlas

PetroleumNatural GasPhosphateSulfurAgricultural LandIraq has some of the largest oil reservesin the world. It has over 143 billion barrels of proven reserves. As of 2012, Iraq produces 3.4 million barrels of oil per day from the 2,000 oil well already drilled. In the 1970s, Iraq produced slightly more barrels per day, but the sanctions imposed against the country in 1990 following their invasion of Kuwait significantly affected the oil sector. It was prohibited from exporting oil until 1996, leading to an 85% decline in the output. Although the sanction was lifted in 2003, the ongoing conflicts have hampered the development of oil resource in Iraq. The decades of war and unrest has brought about uncertainty about the oil reserves in the country. The US Department of Energy estimates that Iraq has 112 billion barrels while the US Geology Survey estimates 78 billion barrels.Get price

Industrial thermal insulation and acoustic comfort | Armacell

For example, the insulation material had to be rated Class 0 in terms of fire performance, offer low thermal conductivity and provide high water vapour diffusion resistance. The insulated system’s aesthetics and mechanical protection were also important factors as the facility has open ceilings and many exposed areas.Get price

Iraq - United States Department of State

Iraq ranked 168 out of 180 on Transparency International’s 2017 Corruption Perception Index. Public corruption is a major obstacle to the development of Iraq’s economy and to political stability. Corruption is pervasive in government procurement, in the awarding of licenses or concessions, dispute settlement, and Iraq’s customs regime.Get price

Iraq reduces by 75% its imports of Iranian gas and

Apr 26, 2020 · BAGHDAD–In a major surprise move, the Iraqi Ministry of Electricity revealed that it had reducedi ts imports of electricity and natural gas from Iran by 75% and that it was approaching the goal of self-sufficiency in generating electric power. Analysts say this move indicates that Baghdad may have been told by Washington that the US will soon be revoking the waiver extended to Iraq from the US sanctions imposed on Iran.Get price

8DAB 12 | Systems | Siemens Global

May 28, 2021 · Gas-insulated switchgear (GIS) type 8DA/B has been an integral part of the medium-voltage portfolio at Siemens. More than 100,000 panels of this switchgear type have already been installed worldwide. The 8DA/B portfolio has now been extended by 8DAB 12 – a switchgear using Clean Air, an insulating gas exclusively consisting of naturalGet price

Medium Voltage blue GIS | Systems | Siemens Global

May 24, 2021 · Gas-insulated medium-voltage switchgear NXPLUS C 24 - blue GIS Gas-insulated medium-voltage switchgear NXPLUS C 24 - blue GIS. The new gas-insulated circuit-breaker switchgear NXPLUS C 24 with Clean Air is a single-busbar switchgear for the primary distribution level of up to 24 kV, 25 kA and 1250 A.Get price

For the first time in its history, Iraq exports natural gas

Mar 20, 2016 · BAGHDAD-- Iraq on Sunday exported the first shipment of natural gas in its history, a key development for the OPEC member struggling to feed a cash-strapped economy amid an expensive fight againstGet price


The people of Iraq are suffering considerable shortages in electricity supply, which are also greatly affecting the economy. The cost to the economy from un-served energy is estimated in the generation planning studies to be about US$40 billion per year at present.Get price

The Iraq War Was Not About Oil – Quillette

May 06, 2019 · By 2007, Iraq’s parliament was debating the direction of the oil industry. A plan was put forward to “promote foreign investment and private sector development” of Iraq’s oil, gas and electricity, known as the Hydrocarbon Law. However, this infuriated Iraqis and united them across class, region and religion.Get price

Analysis: Oil and gas pipelines in the Middle East (Exclusive)

Nov 30, 2015 · In parallel with the oil one the gas pipeline is laid, with a capacity of 290 th. barrels of oil equivalent a day. This is the longest pipeline in the kingdom. It is needed to transport the gas to the petrochemical plants in the area of Yanbu. Two other pipelines – Trans-Arabian and Iraq – are not functioning for a long time.Get price

The Dilemma of Iran’s Resistance Economy | Foreign Affairs

Mar 17, 2021 · The concept of the resistance economy as it is being discussed in Iran does not imply autarky or self-sufficiency but rather recognizes the need for Iran to trade its abundant supply of oil and gas for imports and new technologies. The call to “look East,” as the supreme leader has urged, may not offer a solution to Iran’s conundrum.Get price

Iraq’s turbulent economy and its oil caps compliance are

Iraq’s dollar-bond yields have surged almost 300 basis pointsGet price

Was Iraq’s prime minister right to go after an Iranian proxy?

The Raid and Its AftermathA ConundrumEye on The PrizeIn the raid against Kataib Hezbollah, Kadhimi’s message was simple: Shiite militia groups in Iraq can no longer operate with impunity. The operation was audacious insofar as it could have prompted an armed response from the group, disrupting the fragile political consensusthat enabled Kadhimi’s appointment two months ago. However, the events that followed the raid have done little to carry Kadhimi’s message. It appears very probable that the operation was carried out in coordination or consultation with Iran and Iran-aligned political actors. For instance — whether out of sheer luck, or prior coordination with Iran or the leadership of militia groups and parliamentary blocs — the group did not respond in a major way. After the raid, Kataib Hezbollah mobilized a force of roughly 150 fighters in nearly 30 pickup trucks around the prime minister’s residence, which was designed to intimidate Kadhimi but avoid escalating the crisis into an armed confrontation. Moreover, it was telling th...Get price