Presently, the combined daily production from 13 gas and oil fields, including the Khor Mor oil and gas field, which produces both condensate and gas, stands at an impressive average of 220,000 barrels. These resources are exported to domestic refineries and cater to the domestic market's demand.
In accordance with a comprehensive report conducted by the Japan International Cooperation Agency, specifically the Yachiyo Engineering Company, pertaining to waste data analysis in Iraq, with a particular emphasis on both the capital cities and the Basra province, as of 2022, it has been clarified that each individual in Iraq generates an approximate daily waste output of 1.36 kilograms. This figure significantly surpasses the global average waste generation per capita, which stands at 0.74 kilograms. Consequently, the cumulative daily waste collection in Iraq amounts to an alarming 20,000 tons, while the Kurdistan Region contributes an additional 6,900 tons to this considerable waste burden.
In 2021, Iraq's carbon dioxide emissions surged to a staggering 177.8 million tons, marking an alarming increase of nearly sevenfold compared to a mere 27.1 million tons emitted over the previous five decades.
For instance, a substantial gap of 1 trillion 258 billion dinars is evident in the total expenditures alone. This discrepancy has been identified by multiple entities, including the Ministry of Finance, the Parliamentary Finance Committee, the Iraqi High Economic Council, and 327 Members of Parliament (pp. 60-63). What adds an intriguing dimension to this issue is the variance in expenditures for Anbar province, a matter that should have garnered the attention of the speaker and Sunni members within the finance committee. While the allocated budget for Anbar province was originally set at 466 billion dinars, the actual sum tallies up to just 436 billion dinars. Thus, this stark contrast amounts to a substantial 30 billion dinars in the collection of the allocated budget for this province!
According to GFW, Iraq will lose 137 hectares[1] of wooded land between 2000 and 2022, 22 hectares due to fire alone and the remaining 115 hectares due to various reasons. The year with the highest loss of trees and green space was in 2003 when 7 hectares of wooded land were destroyed by fire.
The development and exploration of the Durra gas field was delayed each time due to a problem, but this time Saudi and Kuwaiti officials said that the matter is serious, although Iran announced its seriousness in owning the field and starting work in its name. However, the success of the strategy is any party and how to determine and how to develop the gas field and the prospects for Saudi-Iranian relations in the meantime will have an impact.
The North Atlantic Treat y Organization (NATO) Global Warming Modeling predicts that "that over the next decade in Iraq, temperatures will rise by 1°C in the short term and 2°C in the medium and long term, while the whole world is now trying not to rise by 0.5°C." .
The Oil Minister indicated that Turkey's decision to continue suspending oil exports from the Kurdistan Region and Kirkuk is not connected to purported technical problems with oil pipelines that followed the earthquake
The article explains the financial commitments of the Kurdistan Region according to the federal budget for 2004 and 2022, as well as the financial debts that the KRG owes to the oil companies.
The Iraqi dinar, the Iranian Rial, and the Turkish and Syrian Lira are not the only ones declining against the dollar, but most of the US competitor's currencies have fallen this year. According to official data, in 2022, most other currencies, such as the Japanese yen, the Chinese Yuan, the British Pound, and the Euro, have lost value by -14% to -6% against the dollar
The Kurdistan Labor Law, with 120 pages, consisting of 20 chapters and 154 articles, was submitted to the Kurdistan Parliament Presidency for its second reading. Reasons for proposing the draft include changes and regulation of employer-worker relations
Although Iraq's revenues have exceeded $90 billion this year, the government could not set a budget for 2022, the same as in 2020. However, the Iraqi government is now preparing the 2023 budget. Due to the central bank's reserves and oil prices, the 2023 budget is expected to be the most significant proposed budget for Parliament in the modern history of Iraq.
In the upcoming days, Bahrain will host the 2022 Manama Dialogue again. The Manama Dialogue is scheduled from November 18th to the 20th of the same month. It is worth noting that this year's edition focuses on energy security rather than security and military issues
Attacks conducted by “illegal” Iraqi armed groups are increasing on oil and gas investments in the Kurdistan Region. According to reports, companies operating in the oil and gas sector in the Kurdistan Region have been forced to work with less staffing.
Iraq’s oil ministry has issued two letters and tried two different ways this month and increased its attempts to seize and remove oil and gas companies from dealing with the Kurdistan Region. First, by sending a letter to international oil and gas companies in the Kurdistan Region to deal directly with the State Organization for Marketing of Oil (SOMO).
