The South Gas Company, affiliated with the Ministry of Oil, confirmed today, Thursday, that gas production in all of Iraq exceeded 3100 million standard cubic feet per day (mcf), while clarifying the rates of investment of associated gas from it.
The company’s general manager, Hamza Abdul Baqi, explained in a statement to the Iraqi News Agency (INA), that “the South Gas Company is concerned with investing the produced gas and converting it into energy before burning it,” adding that “most of the gas produced is in the southern region, and gas production from associated gas from oil fields constitutes about 65% of the country’s production.”.
He pointed out that “the South Gas Company and Basra Gas Company, in which the South Gas Company owns 51% of its shares, are working to invest in flared gas according to clear plans,” indicating that “there are several promising future projects, most notably the Artawi project, which was signed with the French company Total, and aims to invest 600 million cubic feet from the specified fields, with the full investment to be completed by 2028.”.
He added that “there is another project in the Nasiriyah and Gharraf fields, implemented by Baker Hughes, and is expected to be completed by mid-2026, where all flared gas will be invested in the two fields,” stressing that “the Nahr Bin Omar field will witness full investment in flared gas under an agreement signed with local companies.”.
Regarding the Maysan, central and northern fields, Abdul Baqi explained that “the associated gas from these fields needs processing and extraction operations to be usable in the energy sector.”