Iraq Working to make Money, not Burn it up in Gas Flares

By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.

Iraq working to make money, not burn it up in gas flares

Iraq plans to expand capacity at its oil refineries while at the same time reducing the amount of gas that is burned off during oil production. Instead of wasting the gas, the country will reap the benefits of putting it to good use.

New Oil Minister Thamer al-Ghadhban announced Oct. 31 that he will pay particular attention to oil-rich Basra in southern Iraq, an area where services have been neglected and people are angry.

Iraq continues to burn off most of the gas associated with oil production in its fields because it lacks sufficient facilities to capture the gas.

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