Politics

Iraq eyes ending gas flaring by 2027

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Iraq expects to end gas flaring at its oil fields by 2027, as OPEC’s second-biggest producer seeks help from international oil companies to help capture associated gas production, an oil ministry official told S&P Global Platts, Report informs referring to the Hellenic Shipping News.

“I am optimistic in 2026-2027 gas flaring will end,” Ali Hammood, general director of the oil ministry’s technical directorate said on the sidelines of the IBBC conference in Dubai.

Iraq is implementing various gas capture projects with the help of IOCs to capture associated gas.

Iraq currently flares nearly 45% of its 2.8 bcf/d of gas production, Hammood said.

These projects currently under development should help reduce the associated gas that is being flared.

Iraq was the world’s second-worst flaring country in 2020, burning some 17.37 bcm of gas last year, according to the World Bank. Iraq has been the world’s second-worst gas-flaring nation since at least 2016, World Bank figures showed.

Xeberler

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