scholarly journals Natural Gas in Iraq, Currently and Future Prospects: A Review

Author(s):  
Dheyaa J. Jasim ◽  
◽  
Thamer J. Mohammed ◽  
Mohammad F. Abid ◽  
◽  
...  

This paper aims to demonstrate the importance of natural gas as a substantial source of energy as an alternative to crude oil, with the increase in global demand for it in the future, and the importance of this source for Iraq at the economic and environmental level. This article provides an overview of Iraq's natural gas reserves and the geographical distribution of this reserve over the regions of Iraq, in addition to the companies operating and developer there. The challenges facing the export and industry of gas in Iraq, the quantities of gas that are flared annually, and the associated financial and environmental damage were also presented. Finally, if the quantities of produced gas were to be invested, Iraq would achieve a significant improvement in the economic and environmental level.

1977 ◽  
Vol 15 (3) ◽  
pp. 538 ◽  
Author(s):  
Francis M. Saville

Traditionally, the price of petroleum and natural gas in Canada has been relatively low. However, recent changes in the international market have placed pressures upon the federal and provincial governments to reassess the pricing of these commodities. As consequence, Alberta has, in an effort to raise natural gas prices, passed the Arbitration Amendment Act, which forces the field price of gas towards the commodity value and the Natural Gas Pricing Agreement Act, which acts as an agreement with the federal government regarding natural gas prices. At the same time, the federal government has enacted the Petroleum Administration Act to regulate the price of crude oil and natural gas. This article discusses the various acts, in particular the Natural Gas Pricing Agreement Act, as well as the con stitutionality of such legislation and the future pricing of natural gas in Canada.


2020 ◽  
Vol 16 (9) ◽  
pp. 1656-1673
Author(s):  
V.V. Smirnov

Subject. The article discusses financial and economic momenta. Objectives. I determine financial and economic momenta as the interest rate changes in Russia. Methods. The study is based on a systems approach and the method of statistical analysis. Results. The Russian economy was found to strongly depend on prices for crude oil and natural gas, thus throwing Russia to the outskirts of the global capitalism, though keeping the status of an energy superpower, which ensures a sustainable growth in the global economy by increasing the external consumption and decreasing the domestic one. The devaluation of the national currency, a drop in tax revenue, etc. result from the decreased interest rate. They all require to increase M2 and the devalued retail loan in RUB, thus rising the GDP deflator. As for positive effects, the Central Bank operates sustainably, replenishes gold reserves and keeps the trade balance (positive balance), thus strengthening its resilience during a global drop in crude oil prices and the COVID-19 pandemic. The positive effects were discovered to result from a decreased in the interest rate, rather than keeping it low all the time. Conclusions and Relevance. As the interest rate may be, the financial and economic momentum in Russia depends on the volatility of the price for crude oil and natural gas. Lowering the interest rate and devaluing the national currency, the Central Bank preserves the resource structure of the Russian economy, strengthens its positions within the global capitalism and keeps its status of an energy superpower, thus reinforcing its resilience against a global drop in oil prices.


2018 ◽  
Vol 36 (16) ◽  
pp. 1222-1228 ◽  
Author(s):  
Jasmina Perisic ◽  
Marina Milovanovic ◽  
Ivana Petrovic ◽  
Ljiljana Radovanovic ◽  
Marko Ristic ◽  
...  

2021 ◽  
pp. 014459872098811
Author(s):  
Yuanyuan Zhang ◽  
Zhanli Ren ◽  
Youlu Jiang ◽  
Jingdong Liu

To clarify the characteristics and enrichment rules of Paleogene tight sandstone reservoirs inside the rifted-basin of Eastern China, the third member of Shahejie Formation (abbreviated as Es3) in Wendong area of Dongpu Depression is selected as the research object. It not only clarified the geochemical characteristics of oil and natural gas in the Es3 of Wendong area through testing and analysis of crude oil biomarkers, natural gas components and carbon isotopes, etc.; but also compared and explained the types and geneses of oil and gas reservoirs in slope zone and sub-sag zone by matching relationship between the porosity evolution of tight reservoirs and the charging process of hydrocarbons. Significant differences have been found between the properties and the enrichment rules of hydrocarbon reservoirs in different structural areas in Wendong area. The study shows that the Paleogene hydrocarbon resources are quasi-continuous distribution in Wendong area. The late kerogen pyrolysis gas, light crude oil, medium crude oil, oil-cracked gas and the early kerogen pyrolysis gas are distributed in a semicircle successively, from the center of sub-sag zone to the uplift belt, that is the result of two discontinuous hydrocarbon charging. Among them, the slope zone is dominated by early conventional filling of oil-gas mixture (at the late deposition period of Dongying Formation, about 31–27 Ma ago), while the reservoirs are gradually densified in the late stage without large-scale hydrocarbon charging (since the deposition stage of Minghuazhen Formation, about 6–0 Ma). In contrast, the sub-sag zone is lack of oil reservoirs, but a lot of late kerogen pyrolysis gas reservoirs are enriched, and the reservoir densification and hydrocarbon filling occur in both early and late stages.


2021 ◽  
Vol 71 ◽  
pp. 101981
Author(s):  
Jiaman Li ◽  
Xiucheng Dong ◽  
Qingzhe Jiang ◽  
Kangyin Dong ◽  
Guixian Liu

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