Iraq’s exports of gas liquids and condensates reached 59,370 tons and 356,008 cubic meters respectively during the first half of 2017, announced the Iraqi Oil Minister, Jabar Ali al-Luaibi, and reported by Iraqi News.
The ministry achieved its developmental plans by boosting both investments and exports, Al-Luaibi noted in his announcement as reported by Erbil Companies.
During the first half of 2017, Basrah Fuel Firm exported 24 condensates shipments and 24 gas liquids shipments.
Al-Luaibi predicts that oil output will reach 5 million b/d and gas production by the end of 2017 with linked gas production rising to 1.3 billion cubic feet.
Iraq signed a contract with Baker Hughes in July to develop and implement flare-gas solutions at the Al-Nassiriya and Al Gharraf oilfields south of Baghdad.