Gas flaring costs Iraq $5 million a day

By Khayoun Saleh Azzaman, November 16, 2012 The flaring of associated gas from the country’s producing oil fields, particularly in the southern Province of Basra, costs $5 million a day, according to Dhia al-Mawsawi, the Director-General of Southern Oil Company. Iraq’s three largest producing-fields lie in Basra, where most of the country’s oil output and [...]