Iraq’s Gas Capture Plan Signals a Strategic Shift ...Middle East

Economy by : (OILPRICE) -
Iraq’s perennial unwillingness to reduce the vast amount of gas that it burns while drilling for oil (‘associated gas’) caused it three major problems over the years. To begin with, by failing to capture this gas for domestic power generation, the country was left reliant on Iran for as much as 40 percent of those needs, supplied through imported gas and electricity. That dependence gave Tehran an enormous lever over Baghdad, reinforcing the political, economic, and security influence it already wielded through its various proxy…

Hence then, the article about iraq s gas capture plan signals a strategic shift was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Iraq’s Gas Capture Plan Signals a Strategic Shift )

Last updated :

Also on site :

Most Viewed Economy
جديد الاخبار