Iraq’s oil production is expected to reach 5 million b/d by the end of 2017, while associated gas production is expected to record 1.3 billion standard cubic feet, according to Iraq’s Oil Minister, Jabar Ali Al-Luaibi, Iraqi News reported.
The Iraqi ministry is currently exporting 1,000 tons of liquid gas and 16,000 barrels of gas condensates to global market, the minister noted.
Furthermore, al-Luaibi signed mid-July a contract with Baker Hughes, for a fast track flare gas solution for the al-Nassiriya and al-Gharraf oilfields, south of Baghdad.
Under the terms of the contract, Baker Hughes will be responsible for developing advanced solutions for flare gas at the al-Nassiriya and al-Gharraf oilfields, using modular gas processing technology developed in United States. The project is expected to be implemented in two phases.