Opinion

Iraqi gas production increasing as flaring levels fall

Despite the country’s vast gas resources, demand continues to exceed production

1 minute read

Iraq is accelerating efforts to develop its gas sector, supported by its 110 trillion cubic feet (tcf) of mostly associated gas resources. However, despite the country’s supply potential, domestic demand, driven primarily by the power sector, continues to exceed available production. In turn, this is forcing reliance on expensive and unreliable Iranian gas imports.  

Read on for an introduction, or fill in the form to gain access to deeper insight and a chart detailing planned incremental production increases in the country. 

Unlocking opportunities in lesser-used gas streams  

To reduce gas flaring and create value from underutilised gas streams, Baghdad is prioritising large-scale gas capture and processing investments. Flaring currently accounts for approximately half of the country’s total gas output, but is expected to decline significantly over the coming years.

Several key production projects are now underway. Basrah Gas Company has commissionned two new trains –  each with a capacity of 200 mmcfd – increasing the hub’s capacity to 1.4 bcfd.  

Complete the form to receive a complimentary PDF and gain insights into:

  • A comprehensive chart outlining planned incremental production increases across the country 
  • The structural challenges hindering Iraq’s gas sector, from infrastructure gaps to high capital costs 
  • In-depth insights into key gas production projects currently underway across the country 

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