Baghdad plans to extract 2 billion cubic feet of natural gas
The gas field of Siba in Basra, Iraq. Photo: Reuters
Baghdad (IraqiNews.com) – The Iraqi Ministry of Oil revealed on Sunday that it is planning to extract two billion cubic feet of natural gas.
The Undersecretary of the Ministry of Oil for Gas Affairs, Izzat Saber, said during a meeting that the Oil Ministry is eager to carry out strategic projects to extract natural gas within specified timing and to accelerate new projects at sites including hydrocarbon gases, the Iraqi News Agency (INA) reported.
Saber explained that the Oil Ministry is currently working on the Halfaya Complex Project in Maysan governorate, which will produce 300 million cubic feet of natural gas early next year.
The Halfaya field is currently producing 130 million cubic feet of natural gas used to fuel power plants, according to Saber.
Iraq signed a contract with TotalEnergies to extract 600 million cubic feet of natural gas in addition to other gas projects carried out by the Basra Gas Company, which reached production rates exceeding 1,000 million cubic feet of natural gas, as part of its plans to reach 2,000 million cubic feet of natural gas.
The Iraqi official added that the Minister of Oil, Hayan Abdul-Ghani, directed to expedite the implementation of gas projects to support the national economy and to provide the necessary fuel for power plants to generate electricity.