Iraq is in for a rough 2025
- Iraq and BP have signed a deal to redevelop four oil and gas fields in Kirkuk, which is worth over $27 billion.
- The agreement aims to increase oil production by up to 150,000 barrels per day and reduce gas flaring significantly by 2028, according to Iraq's Oil Minister Hayan Abdel-Ghani.
- The project will enhance Iraq's energy sector and is expected to solidify its position as OPEC's second-largest oil producer.
- The deal will be finalized in early February, with plans to recover flared gas to boost electricity production in Iraq.
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Coverage Details
Total News Sources0
Leaning Left2Leaning Right2Center2Last UpdatedBias Distribution33% Left, 33% Center, 33% Right
Bias Distribution
- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Center
L 33%
C 34%
R 33%
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