Moscow:Iraq is making significant strides in the utilization of associated gas and enhancing its national production, as confirmed by Deputy Oil Minister for Gas Affairs, Izzat Ismail. He led the Iraqi delegation at the Gas Exporting Countries Forum (GECF) meetings in Moscow.
According to Iraqi News Agency, Ismail emphasized Iraq’s active participation in the GECF meetings and its importance for strengthening Iraq’s presence in international energy forums. He highlighted Iraq’s commitment to developing its gas industry and optimizing the use of national resources. The meetings, which began on Sunday and will continue until October 27, 2026, at Moscow’s World Trade Center, include sessions aimed at addressing gas market developments and energy demand challenges.
The Deputy Oil Minister noted that Iraq’s address at the forum would focus on fostering dialogue among member states to support global gas market stability. He indicated that Iraq has made progress in capturing associated gas, reducing flaring, and increasing utilization rates from 53 percent in 2022 to 70 percent by 2025. Projects in Halfaya, Basra, Faihaa, and Artawi are pivotal in supporting electricity generation and reducing environmental impacts.
Ismail underscored the government’s strategic priority in the gas utilization file, which has accelerated the implementation of related projects and infrastructure development. This progress aids in reducing gas flaring, decreasing import reliance, and meeting local power generation needs.
The forum also provides Iraq an opportunity to discuss cooperation, exchange expertise, and encourage investments in gas processing and infrastructure. Ismail stressed Iraq’s promising gas resources and its aspirations for self-sufficiency and enhanced global industry roles, which are crucial for economic growth and energy security.
Ismail concluded by expressing appreciation to the GECF for hosting the meetings and hoped that the outcomes would strengthen cooperation among member states.
Source Iraqi News Agency