أهمية استثمار الغاز الطبيعي في الاقتصاد العراقي و أثره في سوق العمل للمدة (2015-2005)‎

Abstract EN

Natural gas is an important source of thermal, mechanical and electrical energy in the industrial, transport and electricity sectors.

As gas represents the most important source of alternative energy for oil, contributing about a quarter of the energy consumed in the world, as a result of the advantages of natural gas, it is the cleaner and less emission fuels compared to other fossil fuels, which leads to be one of the most alternatives that will replace Crude Oil.

The success of Iraq in the investment of gas during the recent years, making investment companies exploit the exploitation of the waste gas rising in the form of fireballs graduated from the oil bar to gas for use in various fields, including the export of natural gas to the outside.

Iraq is the 12th largest natural gas reserves in the world, with proven reserves of around 127 trillion cubic feet with a possible reserve of 275 trillion cubic feet.

In the current stage, which is increasing rates of oil production in Iraq, despite this huge wealth, the phenomenon of unemployment is the main problem in Iraqi society, and this phenomenon is one of the most serious problems facing the Iraqi economy.

As Iraqi universities pay thousands of graduates in various disciplines to the labor market, but to no avail, and this means that there is an increase in the supply of work, especially in skilled labor and low demand for work and this characteristic of the Iraqi labor market.

Therefore, the exploitation of oil wealth, especially in the field of exploitation of gas investment will provide employment opportunities for many of the unemployed and those who can work but not get it.

In this way, it is necessary to increase the opportunities for natural gas investment in order to exploit this wealth in the development of the various economic sectors in Iraq.