Shafaq News- Basra
The Iraqi Deputy Oil Minister for Gas Affairs, Ezzat Sabab Ismail, onTuesday outlined the country’s plans to process 300 million standard cubic feetper day of associated gas as Iraq advances efforts to expand energy output andreduce emissions.
During an on-site inspection of the Artawi project in Basra Province,Ismail noted that the first phase is designed to process associated gas fromthe Artawi, West Qurna/2, and Majnoon oil fields, forming a core component ofIraq’s drive to curb gas flaring and increase domestic energy utilization.
Ismail also inspected progress on several ongoing production facilities,including the Accelerated Gas Investment project (AG 25) and the Gas MasterPlan (GMP).
Data from the US Energy Information Administration (EIA) and recentassessments by S&P Global show that Iraq holds more than 145 billionbarrels of proven crude oil reserves, while oil accounts for around 90% ofstate revenues and 95% of export earnings.
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