Does Iraq have a green energy plan?

Iraq intends to generate 25% of its energy from green sources by 2030, and in 2022 made $750m in low interest loans available to fund solar initiatives. An increase in renewable power will drive growth in green hydrogen and ammonia production.

What is Iraq's long-term strategy?

Drawing on external subject matter expertise to provide sustainable skills growth for local people is another key tenet of Iraq’s long-term strategy. At KBR we have been working in Iraq since the 1970s, developing a local workforce, skilled in areas such as emissions reductions, gas monetization and green ammonia production.

How can Iraq achieve a balance between oil and gas?

Striking the right balance Iraq is fortunate to have natural resources, but the historical dominance of oil and gas creates a challenge. Eliminating gas flaring and reducing methane emissions is a welcome first step.

How can Iraq reduce its reliance on hydrocarbons?

Eliminating gas flaring and reducing methane emissions is a welcome first step. Meanwhile, the pioneering work in green hydrogen and ammonia production, holds real promise in minimizing carbon emissions and reducing Iraq’s reliance on hydrocarbons.

What does KBR do in Iraq?

At KBR we have been working in Iraq since the 1970s, developing a local workforce, skilled in areas such as emissions reductions, gas monetization and green ammonia production. KBR’s team in Iraq is composed of 50% Iraqi nationals. At the Majnoon Oil Field project for example, supporting the local workforce is a key priority.

Does Iraq need to decarbonize?

It has also helped to ensure the operation of critical infrastructure such as schools and hospitals, but the Iraqi government recognizes the need to decarbonize and has targeted dramatic reductions in emissions levels by 2030. The elimination of gas flaring is central to these ambitions.