Iraq is committed to increasing investment in its gas sector as a key driver for economic growth, according to Oil Minister Hayan Abdul Ghani recently. There is certainly sufficient potential there for the idea to become reality, with official estimates being that Iraq has proven reserves of conventional natural gas amounting to 3.5 trillion cubic metres (Tcm) or about 1.5% of the world total, placing Iraq 12th among global reserve-holders. Around three-quarters of Iraq’s proven reserves consist of ‘associated gas’ – a by-product…
