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Iraq announces that it will stop burning associated gas “permanently” in 2025
Shafaq News/ The Iraqi Deputy Prime Minister and Minister of Finance, Ali Abdul Amir Allawi, confirmed that Iraq will stop burning associated gas permanently in 2025.
Allawi said during his participation in the Green Middle East Summit in Saudi Arabia, "This requires the government to allocate an exceptional budget exceeding $3 billion for the next four years."
Allawi added that "stopping the burning of associated gas would go towards replacing all liquid fuels from crude oil and fuel oil used in electric power production plants with natural gas and working to develop refineries' competencies and improve fuel specifications by pumping large investments in this field."
He pointed out that "Iraq is seeking, through this summit, to start developing plans to transform the future of our countries and all their economies into a green future free of emissions and in a gradual manner that guarantees the sustainability of life without harming the economies of our countries."
He pointed out that "the launch of the initiative comes at a critical historical stage, in which we all strive to confront the phenomenon of climate change, which is the biggest challenge that threatens the sustainability of human beings on the planet, whose effects have been shown to be harmful, and we have no choice but to stand up to this danger and find solutions based on nature."
Last July, the World Bank revealed that Iraq is the second worst country in the world in terms of gas flaring, indicating that it conducts flaring and associated greenhouse gas emissions by about 10 million tons annually.
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Allawi said during his participation in the Green Middle East Summit in Saudi Arabia, "This requires the government to allocate an exceptional budget exceeding $3 billion for the next four years."
Allawi added that "stopping the burning of associated gas would go towards replacing all liquid fuels from crude oil and fuel oil used in electric power production plants with natural gas and working to develop refineries' competencies and improve fuel specifications by pumping large investments in this field."
He pointed out that "Iraq is seeking, through this summit, to start developing plans to transform the future of our countries and all their economies into a green future free of emissions and in a gradual manner that guarantees the sustainability of life without harming the economies of our countries."
He pointed out that "the launch of the initiative comes at a critical historical stage, in which we all strive to confront the phenomenon of climate change, which is the biggest challenge that threatens the sustainability of human beings on the planet, whose effects have been shown to be harmful, and we have no choice but to stand up to this danger and find solutions based on nature."
Last July, the World Bank revealed that Iraq is the second worst country in the world in terms of gas flaring, indicating that it conducts flaring and associated greenhouse gas emissions by about 10 million tons annually.
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