The Iraqi Minister of Oil, Hayan Abdul-Ghani, said in a statement on Wednesday that natural gas output and flared gas utilization projects have increased in Iraq.
A statement released by the Iraqi Oil Ministry mentioned that the country’s efforts to lessen gas flaring and satisfy local demand have resulted in the availability of substantial amounts of condensates, reaching about 160,000 barrels per day, according to Reuters.
Condensate, a light oil, is mostly used as a mixture for heavy crude or processed in separators to produce naphtha, a petrochemical product.
To improve its characteristics, the majority of the condensates generated are mixed with crude oil.
Iraq’s attempts to maximize its energy resources and lessen its environmental effect through improved utilization of flared gas have taken a significant stride with the growth in condensate output.
As part of the government’s plan to quickly become self-sufficient in gas and energy, Iraq plans to increase the utilization of flared gas wasted in oil operations to 70 percent by the end of 2025.
Abdul-Ghani told the state-run news agency last month that promising projects are underway to maximize the production and utilization of flared gas in oil fields throughout the country.
According to the oil minister, flared gas utilization in Iraq is predicted to rise from its present level of around 67 percent to 70 percent by the end of 2025.
As part of the government agenda, gas flaring is scheduled to completely stop in Iraq by 2028, with efforts being made to turn this wasted energy into useful energy. (May 7, 2025, Source: https://www.iraqinews.com/iraq/iraq-increases-condensate-output/)
IRAQ - NGL - Production