IOC Interest Piqued as Iraq Advances Landmark Projects

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Iraq has passed two major milestones this summer on the road to developing its vast and long-neglected gas resources. The country is in a race against time to capture the associated gas that it flares, end its reliance on Iranian imports and minimize the regular blackouts that it suffers from. But this month TotalEnergies got the green light for its 600 million cubic feet per day Ratawi gas project. And six weeks earlier, the Shell-led Basrah Gas Co. (BGC) commissioned the first of two trains that should together allow it to process another 400 MMcf/d of flared gas by early next year, up from its existing capacity of 1 billion cubic feet per day.

Gas Processing and Gathering, Flaring, Gas Supply, Gas Demand, Fiscal Terms, Policy and Regulation, Resource Access
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