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Iraq targets gas flare reduction and oil exports

Iraq targets gas flare reduction and oil exports

Iraqi Oil Minister Basem Mohammed Khader confirmed that the entry of American companies into Iraq's oil and gas sector represents a qualitative shift that will accelerate the development of the oil and gas industry. He emphasized the focus on providing the necessary capacities to eliminate the flaring of associated gas and diversify oil export outlets. He pointed out that agreements had been signed with American companies during his visit to the United States to strengthen the sector's capabilities, noting that advanced technology and expertise will assist in knowledge transfer and expedite project implementation. It is expected that in the coming days there will be a acceleration in the completion of oil and gas projects. The government aims to establish direct dialogue with companies, in addition to holding a conference to enhance cooperation and overcome obstacles, with the goal of implementing projects around the clock.

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