Jobs & Energy News - Gulf & EU (Onshore,Offshore,Oil&Gas,Refinery,Petrochemical,PowerPlant)
Jobs & Energy News - Gulf & EU (Onshore,Offshore,Oil&Gas,Refinery,Petrochemical,PowerPlant)
June 13, 2025 at 01:16 AM
As part of Iraq's 🇮🇶 government-backed gas development program, the Ministry of Oil has reported significant progress in reducing gas flaring and increasing gas utilization. It says the Ministry has raised associated gas capture from 53% to 70%, and dry gas production from 1,300 to 1,800 million standard cubic feet per day (mmscfd). Key projects already completed or underway include: Halfaya Gas Project (Missan): 300 mmscfd Basra Gas Company (BGC) (BNGL1 and BNGL2): 200 mmscfd each Artawi [Ratawi] Gas Project (TotalEnergies contract): 600 mmscfd Faihaa Field Gas Project: 130 mmscfd Nahr Bin Umar Field (Basra): 300 mmscfd Gharraf and Nassiriya Fields: 200 mmscfd Akkas Gas Field (Anbar): 40 mmscfd Accelerated Artawi Project: 50 mmscfd The government aims to end routine flaring by 2028 and increase gas output to 3,000 mmscfd by 2030, aligning with Iraq's environmental commitments under the 2016 Paris Agreement. In liquefied petroleum gas (LPG), production rose from 2 million tonnes in 2024 to 3 million tonnes in 2025. Exports also surged from 250,000 tonnes in 2023 to 1 million tonnes in 2025. LPG systems were installed in over 41,000 homes and more than 38,000 vehicles. To expand storage capacity, the Ministry completed 8 of 16 spherical LPG tanks, each with a 3,000-cubic-metre capacity, adding 24,000 cubic metres overall. The Ministry reiterated its commitment to maximise national resource utilisation, enhance electricity supply, and boost petrochemical production. Gas field contracts under the 5th and 6th licensing rounds have been awarded to international companies, alongside dozens of investment agreements to develop both associated and free gas resources.
Image from Jobs & Energy News - Gulf & EU (Onshore,Offshore,Oil&Gas,Refinery,Petrochemical,PowerPlant): As part of Iraq's 🇮🇶 government-backed gas development program, the ...
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