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Energy

New leadership for South Gas Company

Ali Salman Majeed is named interim head of the state company responsible for boosting domestic gas supply and ending flaring in southern Iraq.
Engineer Ali Salman Majeed, the First Deputy Director General and Director of the Production Commission at Iraq's state-run South Gas Company, at his office in Basra in October 2024. (ALI AL-AQILY/Iraq Oil Report)

Fuel smuggling causes shortages and spiking prices

Smugglers are exploiting a growing margin between government-subsidized fuel and market prices in an illicit trade that is squeezing Iraq's fuel supply and costing the government billions.