Baghdad Aims to Boost Gas Investments

The Undersecretary of the Ministry of Oil for Gas Affairs affirmed that Iraq continues to implement plans to invest in associated gas and increase production rates to enhance its ability to meet domestic gas needs, support sustainable electricity generation, and bolster industries. He emphasized the importance of increasing exports of liquefied gas and condensates, especially through the full cooling project at the Umm Qasr port, aimed at boosting Iraq’s export capacity of these resources. He also pointed out that increasing investment in the gas wealth contributes to diversifying the country's resources and maximizing the benefit from national assets, with a focus on reducing gas flaring and meeting market demands.

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