Page 11 - MEOG Week 42 2022
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MEOG                                       NEWS IN BRIEF                                              MEOG








       POLICY                              opposition, putting them on a collision course   countries, Iranian Deputy Petroleum Minister
                                           with the Coordination Framework.     Ahmad Asadzadeh said on Thursday.
       Iraq’s political                    minister-designate marks a victory for former   to transport Russian gas and oil through
                                             The naming of al-Sudani as prime
                                                                                  “There is a good opportunity -  in order
       breakthrough could spur oil         prime minister Nouri al-Maliki, a leading   the territory of Iran, there are buyers in the
                                           figure in the Coordination Framework
                                                                                countries ... of the Persian Gulf,” Asadzadeh
       spending                            and arch rival of al-Sadr. The Sadrists had   told reporters at Russian Energy Week,
                                                                                Sputinik reported.
                                           opposed al-Sudani’s candidacy, and the recent
       The political stalemate that brought Iraq to   developments will only feed the longstanding   The official added that Iran and Gazprom
       the brink of civil war this year was broken   animosity between al-Sadr and al-Maliki. An   had created a roadmap for cooperation on gas
       earlier this month, paving the way for a new   al-Sudani premiership will also be welcomed   fields.
       government to start investing the windfall   in Tehran, as al-Maliki is Iran’s closest and   “After this situation that happened between
       revenue that the country has been generating   most reliable ally in Baghdad.  Russia and Ukraine, at the moment our
       from high oil prices. But the newly brokered   Al-Sadr’s group won the most seats in last   cooperation with Russia has begun to expand
       consensus between major sectarian parties   October’s election but failed to secure a big   more and more ... Iran has also been under
       also signals a return to the “old ways” of doing   enough majority to form a government. Al-  the sanctions regime for a long time, so Russia
       politics in Iraq and with it a potential new   Sadr’s decision over the summer to withdraw   and Iran now understand each other more
       crisis in the making.               his 73 elected lawmakers from parliament   and strengthen relations,” Asadzadeh said.
         One year on from last year’s elections,   proved a strategic blunder, as it paved the way   SHANA
       Iraq’s parliament this month finally decided   for the Coordination Framework to snatch
       on a new president, former minister of water   many of those seats and become the biggest   South Zagros H1 output
       resources Latif Rashid, a veteran of one of   bloc. Whereas al-Sadr had wanted to form
       Iraq’s two main Kurdish political groups.   a majority government and squeeze out his   beyond plans
       Rashid’s Patriotic Union of Kurdistan (PUK)   Shia rivals, the Coordination Framework is
       party is an ally of one of the country’s two   opting for a national unity government under   The CEO of South Zagros Oil and Gas
       main Shia political groups, the pro-Iran   al-Sudani’s leadership. This will represent a   Production Company announced the
       Coordination Framework. Following his   return to consociational politics, something   cumulative production of 20.950 billion cubic
       election, Rashid named the Coordination   Iraqis have protested against since 2019 due to   meters of gas with an average daily production
       Framework’s nominee Mohammed Shia   a general perception that a grand governing   of 112.600 million cubic meters of gas in
       al-Sudani as prime minister-designate and   coalition is a recipe for corruption.  the first half of the current calendar year,
       tasked him to form a new government.  ARGUS                              which began on March 21, exceeding the gas
         An al-Sudani administration should be a                                production plan of the company.
       formality thanks to an engineered consensus                                According to South Zagros Oil and Gas
       among most of the sectarian parties. The   OIL                           Production Company, speaking on the
       deadline for him to present his proposed                                 sidelines of the company’s well production
       government to parliament is 12 November.   Russia can export gas to      prediction meeting, Seyed Abulhasan
       The notable dissenter is the Sadrist movement,                           Mohammadi underlined the realization
       Iraq’s other main Shia group led by powerful   Persian Gulf via Iran     of 102% of the company’s production plan
       cleric Muqtada al-Sadr. By refusing to join                              during the first half of the year, saying:
       the new government, the Sadrists have laid   Russia can export its gas via the Iranian   “According to the assigned plan, the
       the foundation for their role as the main   territory to customers in the Persian Gulf   production commitments of this company in































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