Iraq to produce 55 billion cubic meters of natural gas by 2050
A natural gas processing plant under construction in Halfaya oil field in the southern Iraqi governorate of Maysan. Photo: Xinhua
Baghdad (IraqiNews.com) – By 2050, natural gas output in Iraq is expected to increase significantly, with the majority of this gas coming from oil extraction.
Estimates released by the Gas Exporting Countries Forum indicate that Iraq is also aiming to decrease gas flaring.
The estimates indicated that Iraq’s natural gas output multiplied from five billion cubic meters in 2013 to 15 billion cubic meters by the end of 2022.
The country is making efforts to increase its production of fossil fuels to support the electricity sector, which relies on fossil fuels to generate electricity.
To help the energy sector, which depends on fossil fuels for electricity generation, the country is working to enhance its output of fossil fuels.
By 2050, it is anticipated that Iraq will produce 55 billion cubic meters of natural gas.
Associated gas, which will account for 60 percent of Iraq’s fossil fuel output by 2050, will drive the anticipated growth in production.
Associated gas is planned to be extracted from five oil fields as part of a deal with huge investments that the Iraqi government signed with TotalEnergies last year to support Iraq’s gas production.
When completed, the project’s production capacity is expected to reach 6.7 billion cubic meters annually.