This ad will auto close in 10 seconds

Iraq to get $6 trillion from energy in new strategy

Iraq on Wednesday unveiled an ambitious energy strategy that aims to see it raise USD 6 trillion from oil and gas sales by 2030 and massively increase local power generation, a major domestic complaint.

Iran to begin gas exports to Iraq soon

Iran will start exporting gas to Iraq within next three months, according to Iranian Oil Minister Rostam Qasemi.

Iran to start supplying natural gas to Iraq by mid 2013

In May, Director of Iran Gas Engineering and Development Company Alireza Gharibi said Iranian contractors would build a 220- km natural gas pipeline to Iraq.

Big oil companies may have to give up Iraq gas

Many of the world's biggest energy companies may have to surrender most of the gas from Iraq's vast southern oilfields to a processing and export project led by Shell, a final draft contract between Baghdad and Europe's biggest company, obtained by Reporters, shows.