๐บ๐ธ๐ฅ U.S. Investment Accelerates in Iraq | Akkas Gas Field Becomes Strategic Energy Pivot for Anbar ๐๐จ
๐ American Company Schlumberger Leads Development of Massive Gas Reserves
๐ข️ Akkas Field: Iraq’s Next Big Energy Play
๐ Located in Anbar Province, the Akkas gas field is now being developed by Schlumberger, a major U.S. oilfield services company.
๐ Estimated reserves: 5.6 trillion cubic feet of natural gas — the 2nd-largest gas field in the Middle East!
๐ Why It Matters NOW:
๐ฎ๐ถ Iraq is shifting gears as it faces:
- Read also: FRANK26…9-28-25…..TRUTH…NOTHING BUT TRUTH๐ Economic pressure from new European sanctions on Iran
๐ต Need to reduce dependency on Iranian energy imports
๐ Challenges from the snapback mechanism in sanctions enforcement
๐ฃ️ Iraqi MP Dahel Al-Hamidi:
“This is more than just an oil deal — it’s a signal that Iraq’s investment climate is stabilizing and opening to the world.”
๐บ๐ธ U.S. Companies Expanding Rapidly in Iraq
✅ Following delays with a Ukrainian contractor, the Oil Ministry opened new opportunities
๐ Schlumberger signed the deal, replacing the previous non-performing partner
๐ง Work has already begun on-site, including drilling and infrastructure prep
๐ฏ Production goals:
✅ 100 million cubic feet/day (initial phase)
๐ 400 MMcf/day in future phases
⚡ 60 MMcf/day to power the Anbar Combined Cycle Power Plant
๐ผ Investment Forum Confirms U.S. Momentum
๐️ During the Iraq Investment Forum (Sept 27–28, 2025), multiple American firms confirmed plans to invest in oil and gas fields.
๐ Geopolitical Impact:
๐ Akkas could offset 35% of Iraqi imports of Iranian gas
๐ Helps stabilize energy prices, supports local job creation
๐ท♂️ Could generate 10,000+ jobs in early stages
๐ฆ Boosts Anbar’s economy and national revenue
⚖️ But challenges remain:
๐งจ Risk of tension with Iran
๐ฑ Currency smuggling and inflation
๐ค Iraq must maintain a delicate balance in foreign relations
๐ง Summary:
✔️ Akkas = Strategic U.S.-Iraq energy project
✔️ Schlumberger leads with active drilling underway
✔️ Major step toward energy independence from Iran
✔️ Iraq opens doors to global investment, signaling new economic direction
✔️ High stakes — both opportunity and geopolitical risk
๐ฒ Stay Updated on Iraq's Energy Evolution:
๐ Blog: https://dinarevaluation.blogspot.com/
๐ฌ Telegram: https://t.me/DINAREVALUATION
๐ Facebook: https://www.facebook.com/profile.php?id=100064023274131
๐ฆ Twitter/X: https://x.com/DinaresGurus
▶️ YouTube: https://www.youtube.com/@DINARREVALUATION