Basra Gas Company Sees Rising LNG Exports, Plans New Project to Boost Volumes

Basra Gas Company (BGC) has announced a strategic expansion of its export capacity, including a new large-scale project to export refrigerated liquefied natural gas (LNG) within two years, according to the Iraqi News Agency (INA).

BGC Production Director Marfaa Al-Asadi stated that natural gas projects in the Rumaila and Zubair fields have reached advanced stages. The upcoming phase will focus on completing the remaining developments over the next four years while enhancing the stability and efficiency of existing facilities.

These efforts are geared toward achieving a total production target of 1.4 billion cubic feet (bcf) per day, covering the majority of output from the three southern fields.

The company’s exports of  LNG continue to rise, exceeding 700,000 tons last year. Al-Asadi expects further growth this year following the commissioning of a second export berth and the completion of facility upgrades.

The projected increase in volumes will be supported by higher production levels, expanded LPG conversion, and improved product quality.

Furthermore, the newly announced refrigerated LNG project is expected to significantly maximise export volumes by the end of 2027. This move aligns with Iraq’s broader strategy to monetise associated natural gas from its southern oil fields and reduce gas flaring.

While Iraq remains primarily focused on meeting domestic power generation requirements, investments in processing infrastructure and export berths have allowed Basra to become a growing hub for LNG and LPG exports.

These developments represent a critical step in Iraq’s efforts to revitalise its energy sector and reduce its reliance on energy imports.

 

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Fatma Ahmed 2478 Posts

Fatma Ahmed is a staff writer with six years’ experience in Journalism. She is working in the field of oil and gas for four years. She also worked in the field of economic journalism for 2 years. Fatma has a Bachelor Degree in Mass Communication.

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