Iraq plans to raise its gas production to 4 billion cubic feet by 2025
Shafaq News/ The Iraqi Oil Minister, Ihsan Abdul-Jabbar, announced on Wednesday a plan to invest natural gas to raise production to four billion cubic feet in 2025.
During an interview with CNBC Arabia on the sidelines of the Gastech 2021 conference, Abdul-Jabbar said that the National Oil Company is working to accelerate the pace of exploration plans in the country, especially in the natural gas fields in western Iraq.
He expected that Iraq would turn into an "independent country" in the energy file when the exploratory drilling work was completed, stressing the country's need to modify sources of income and raise the production capacity of natural gas.
And he indicated that the Basra Gas Company launched its 2021-2025 project with three billion dollars to add capacity up to 600 million standard cubic feet.
Abdul-Jabbar added that other projects in northeastern Iraq aim to reach four billion cubic feet by 2025, noting that government support would enable reaching 80% of the targets in terms of gas production and converting the energy produced in the country to clean or gas-based energy. .
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