Iraq’s Gas Breakthrough Could Rewrite the Middle East Power Map

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Iraq's Oil Ministry is expediting the development of gas projects, aiming for full operations by 2027 and increasing energy self-sufficiency, which could shift the Middle East power dynamics.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Iraq’s Oil Ministry has confirmed that it is expediting the development of the Gharraf and Nassiriyah gas projects, with full operations expected to begin by early 2027, and production capacity reaching 200 million standard cubic feet per day (mmscf/d). This fast?tracking is being presented as a long?overdue step toward energy self?sufficiency, but the real stakes lie far beyond the technicalities of associated?gas capture. For the West, reducing Iraq’s dependence on Iranian gas is a strategic imperative aimed at weakening Tehran’s…

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Original article published by OilPrice.com on January 5, 2026.
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