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Among the matters discussed was a proposal from Chinese firm Tsingshan Holding Group , which expressed interest in drygas operations at the Basra Industrial City Project, as well as in a sulphur investment project at the "Al-Lazzaka 2" field [Al-Lazakah, Allizaqa ] field [in Nineveh Governorate], and in iron ore extraction.
Iraq's Council of Ministers has endorsed the Joint Management Committee's decision on Artawi [Ratawi] oil field, awarding the contract for crude gas pipelines to China Petroleum Pipeline Engineering (CPP) , with part of the work assigned to the State Company for Oil Projects (SCOP).
As part of Iraq's government-backed gas development programme, the Ministry of Oil has reported significant progress in reducing gas flaring and increasing gas utilisation. In liquefied petroleumgas (LPG), production rose from 2 million tonnes in 2024 to 3 million tonnes in 2025.
Additionally, they offer an opportunity to expand John Cranes drygas mechanical seals and wet mechanical seals offerings within major petrochemical companies' operations.
drygas production rose 2.1% Bcf/d, and the gas rig count increased by three to 102 rigs as producers capitalize on higher prices. oil and gas industry reached $81,808 in 2024, and direct employment grew to 2,055,516 jobs, an increase of 10,694 from 2023. In response, U.S. Read more U.S. Read more U.S.
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