Iraq to produce 55 billion cubic meters of natural gas by 2050

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Iraq to produce 55 billion cubic meters of natural gas by 2050

Iraq’s natural gas production is predicted to rise dramatically by 2050, with the majority of this gas coming from the extraction of oil.

Iraq is likewise trying to reduce gas flaring, according to estimates published by the Gas Exporting Countries Forum.

According to the predictions, by the end of 2022, Iraq’s natural gas output will have increased from five billion cubic meters in 2013 to fifteen billion cubic meters.

To help the electrical industry, which depends on fossil fuels for electricity generation, the nation is working to enhance its output of fossil fuels.

The nation is attempting to increase its output of fossil fuels in order to support the energy industry, which depends on fossil fuels for the production of power.

Iraq is expected to generate 55 billion cubic meters of natural gas by 2050.

The predicted increase in production will be driven by associated gas, which by 2050 will make up 60% of Iraq’s fossil fuel output.

As part of a massive investment agreement the Iraqi government inked with TotalEnergies last year to bolster Iraq’s gas output, associated gas is scheduled to be collected from five oil fields.

When completed, the project’s production capacity is expected to reach 6.7 billion cubic meters annually.