Gas regulation—Iraq—Q&A guide
Gas regulation—Iraq—Q&A guide

The following Energy practice note provides comprehensive and up to date legal information covering:

  • Gas regulation—Iraq—Q&A guide
  • 1. Describe the domestic natural gas sector, including the natural gas production, liquefied natural gas (LNG) storage, pipeline transportation, distribution, commodity sales and trading segments and retail sales and usage.
  • 2. What percentage of the country’s energy needs is met directly or indirectly with natural gas and LNG? What percentage of the country’s natural gas needs is met through domestic production and imported production?
  • 3. What is the government’s policy for the domestic natural gas sector and which bodies set it?
  • 4. Which authorities make regulatory policies and decisions in respect of the production, transmission, distribution and supply of natural gas?
  • 5. What is the ownership and organisational structure for production of natural gas (other than LNG)? How does the government derive value from natural gas production?
  • 6. Describe the statutory and regulatory framework and any relevant authorisations applicable to natural gas exploration and production.
  • 7. Are there different rules for, or any restrictions on, unconventional natural gas production (including fracking)?
  • 8. Are participants required to provide security or any guarantees to be issued with a licence to explore for or to store gas?
  • 9. Describe in general the ownership of natural gas pipeline transportation, and storage infrastructure.
  • More...

This Practice Note contains a jurisdiction-specific Q&A guide to gas regulation in Iraq published as part of the Lexology Getting the Deal Through series by Law Business Research (published: February 2021).

Authors: Al Hadeel Al Hasan Law—Ghazi Faisal Ali; Hadeel A. Hasan

1. Describe the domestic natural gas sector, including the natural gas production, liquefied natural gas (LNG) storage, pipeline transportation, distribution, commodity sales and trading segments and retail sales and usage.

Natural gas is either processed and extracted as a free gas found in natural gas fields and patches in dry or wet format or associated with or dissolved in oil production. The latter is the most common type in Iraq.

Iraq's domestic reservoir of natural gas makes it the 12th country globally in terms of conventional natural gas reserves. It has an estimated 112 billion standard cubic feet (BSCF), and there is a vast area of Iraq that has not yet been explored for natural gas, especially in the Western Desert and many free gas fields in Iraq that have not been fully explored at deep levels. With these additional capabilities that have not yet been exploited, Iraq could occupy fifth place globally in terms of conventional natural gas reserves, as it is expected to reach 280 BSCF.

Iraq's primary goals in terms of associated natural gas production can be summarised by increasing the production capacity of

Popular documents