Iraq and Saudi Arabia are among the countries most vulnerable to climate change

[yota691]

 

Iraq and Saudi Arabia are among the countries most vulnerable to climate change

 

 2021-12-16 00:32

 

Shafaq News/ Verisk Maplecroft, a risk consultancy, said today, Thursday, that large amounts of oil and gas reserves in the world are at risk, due to high waves, storms, floods, and a sharp rise in temperatures caused by climate change.

 

It added that about 600 billion barrels, or 40 percent of the world's recoverable oil and gas reserves, may be affected by severe weather, and among the countries most exposed to risks are Saudi Arabia, Iraq and Nigeria, who are major producers of crude.

 

The sector has been affected by climate change this year, when freezing weather hit the main oil, gas and refining hub on the southern US Gulf Coast, causing long outages and curtailing production, according to Reuters.

 

"Events like these will become more frequent and intense, which creates bigger shocks to the sector," said Rory Claesby, environmental analyst at the company.

 

About 10% of the world's extractable commercial reserves are located in areas classified by the consulting firm as "high risk", while about a third are located in areas considered "high risk".

 

Researchers at the company pointed out that in Saudi Arabia, extreme heat, water shortages and dust storms may be the "weak point" for the kingdom, the world's largest oil exporter.

 

They said that the risks in Nigeria, the second largest exporter of crude in Africa, where reserves are concentrated around the Niger Delta region, are drought and floods.

 

The company's report says that companies with reserves in locations highly vulnerable to climate change will face more devastating events and possibly higher extraction costs. Production may have to be halted and the plant secured to allow storms to pass.

 

It also expects the risk of accidents to increase in environmentally sensitive sites where pipelines are exposed to more extreme weather events that they may not have been designed to withstand.

[yota691]

Iraq loses 15% of its financial imports due to climate changes and the Glasgow Agreement

 

oil field

energy Economy News - Baghdad A report by Verisk Maplecroft, a risk consultancy, has raised concerns that large amounts of oil and gas reserves in the world are at risk due to rising waves, storms, floods, and a sharp rise in temperatures caused by climate change. Among these countries that will be affected are Iraq, Saudi Arabia and Nigeria, which are the leading countries in the world in the export of oil and gas. In this regard, the oil expert Alaa Al-Asadi says, “Climate changes oblige oil-buying countries to reduce oil purchases,” adding that “the COP26 conference that was held in Glasgow about a month ago, in which Iraq participated, was signed by the President of the Republic, Barham Salih, which Oil-buying countries are obligated to reduce oil purchases by 15%, and this will affect Iraq. Al-Asadi explained that "fossil fuels cause air pollution, and they want to reduce pollution in order to reduce the temperature in the world," stressing that "side effects will occur on the Iraqi economy, because the country depends 93% on oil." The economist pointed out that "European, Western and Southeast Asian countries have agreed to reduce oil imports by 15% until 2030 in the transport sector, so it is likely that our imports will decrease by 15%," adding that "the transport sector consumes 60% of the world's oil, And 40% for giant industries and facilities," noting that "these countries will replace cars that run on fuel, with cars that run on electric power." A report by Verisk Maplecroft noted that about 600 billion barrels, or 40% of the world's recoverable oil and gas reserves, could be affected by severe weather. About 10% of the world's extractable commercial reserves are located in areas classified by the consulting firm as "high risk", while about a third are located in areas considered "high risk". The Iraqi Oil Ministry recently announced that Iraq's total oil exports increased to 3.12 million barrels per day in October from 3.081 million barrels per day in the previous month. The ministry said in a statement that exports from Basra ports in the south amounted to 3.012 million barrels per day last October. Source: Rudaw

Views 62   Date Added 12/16/2021

[ronscarpa]

Here we go with the Globalists climate change garbage that affects Iraq's & Saudi's oil revenues. They are at the mercy of the climate change lie that is being pushed by the globalist cabal to control the world economies and population. 

[markb57]

yes, we must shut down those evil oil producing countries for their own good due to climate change.....🙄

[Fimum]

The planet is starved of CO2. We need more atmospheric CO2, not less. As atmospheric CO2 levels increase, plants produce more and require less moisture to thrive. As to the lie that more atmospheric CO2 causes the earth to heat up, it's precisely the opposite; as the oceans warm, they release gases that have been dissolved. As water temperature rises, the ability to hold ANY gas in solution decreases. As temperature falls, the oceans can absorb higher quantities of gas. In known human history we always see warmer climate periods as times of prosperity and plenty, colder periods are always accompanied by crop failure, disease and misery. Why is it the ultra wealthy of today seem to want to usher in a period of suffering?

[yota691]

INTERNATIONAL REPORT: IRAQ IS ONE OF THE COUNTRIES MOST VULNERABLE TO THE RISKS OF CLIMATE CHANGE

16 Dec 2021

Baghdad-ALSharqiya December 16: An international report places Iraq among the oil countries most vulnerable to risks due to climate change, which may lead to difficulty in accessing oil and gas reserves in the world.
A report by the risk consultancy Verisk Maple Croft stated that access to the equivalent of 600 billion barrels, or 40 percent of the world's recoverable oil and gas reserves, may be affected by severe weather, and that among the countries most exposed to risks are Iraq, Nigeria and other countries, all of which are major producers. raw.
The report indicated that about 10% of the world's recoverable oil reserves are located in areas classified as "extremely dangerous", while about a third is located in areas considered "high risk".  

[yota691]

Marine researchers underestimate international reports about the sinking of Basra and its oil fields after 10 years

 

Posted 2 days ago

UTV - Basra

 

Basra is one of the six coastal cities in the world at risk of drowning by 2030, according to the predictions of a recent scientific study conducted by the American “Climate Central” organization, and supported by researchers at the Center for Marine Sciences.

Dr. said. Abdul-Hussein Jaafar, Assistant Director-General of the Marine Science Center in Basra, told UTV that “we agree with what was stated in the study, and this is caused by what fossil fuels represented by oil, gas and coal cause.”

Jaafar added that "fossil fuels lead to climate change and an increase in global warming, and consequently an increase in the melting of ice that leads to a rise in sea levels, which leads to the sinking of many low-lying cities such as Alexandria in Egypt and Basra, as well as other cities."

But other specialists underestimated the risk of Basra's sinking, and based this on their readings of sea level rise, which will not exceed five centimeters over the next ten years, a figure that does not put the city in danger if it is added to the current rise.

Dr. said. Ali Basem, head of UTV's marine physics department, said, "Our latest reading of the average sea-level increase at the breakwater station recorded two meters and forty centimeters annually."

Bassem explained that, "according to NASA monitoring, the average sea level rises by four millimeters annually, and therefore the increase that will occur in the next ten years is five centimeters, and when added to two and forty centimeters, the total height becomes two meters and forty-five centimeters," noting that "five centimeters Centimeters in ten years do not cause a flood, and even if we extend the calculation to 2050, there may be floods in the coasts only then.”

While the ongoing climate change threatens to have serious consequences, there are no future plans to confront the rising water level and the growing climate problem, and researchers recommend the need to limit pollution as well as build a dam on the Shatt al-Arab to ward off the risk of floods.

Dr. said. Nouri Abdel-Nabi, director of the Marine Science Center, told UTV that "it is necessary to reduce pollution, as we recommended the use of renewable energy such as solar and wind energy and reduce fuel waste, as well as identifying places to store water, in addition to building a dam on the Shatt al-Arab to eliminate salinity and reduce flood waves."

Basra is inhabited by about four million people, and the city is the main source of oil and gas in Iraq. It is a coastal city located on the Gulf known for its calm waters and the absence of hurricanes before, and the case applies to the Shatt al-Arab, the river that divides it into two halves.