Iraq Nears Closure of Associated Gas Flaring File, Halting Billions in Economic Losses

The Iraqi government is moving at an accelerated pace to resolve one of the most complex economic and environmental crises: the flaring of associated gas during oil extraction operations. Parliamentary sources confirmed that current gas investment projects are witnessing advanced completion rates, expecting the complete elimination of flaring operations in the near future. Data indicates that this strategic shift will save the country financial losses estimated at billions of dollars annually. Furthermore, it will have positive impacts in reducing severe environmental pollution, providing sustainable energy supplies to operate national power plants, and potentially paving the way for future exports.