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The recently closed relationship deal between Iran and Saudi Arabia may pave the way for Saudi Aramco to start a number of large and highly profitable projects in Iraq

Premium Content Iraqi Kurdistan Finally Moves To Develop Massive Gas Resources By Simon Watkins - Dec 29, 2020, 6:00 PM CST In tandem with Iraq’s reiterated target for crude oil production of 7 million barrels per day (bpd) by 2025, from the previous 5 mbpd, Baghdad has also stated that it will stop flaring gas by the same point (and to halt importing fuel from Iran by 2025 as well). These moves would be in line with Iraq’s endorsement in May 2017 of the United Nations and World Bank ‘Zero Routine Flaring’ initiative aimed at ending this type of routine flaring by 2030 and ...