Iraq wants to stop importing gas by increasing production

Iraq wants to stop importing gas by increasing production

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The Iraqi government is preparing to sell licenses for the development of 10–12 promising oil and gas fields. This was stated by the country’s Prime Minister Mohammed al-Sudani on October 11 at the forum “Russian Energy Week“(REN-2023) in Moscow.

He explained that Iraq plans to stop importing gas, and the sale of new fields will increase production within the country. Al-Sudani also thanked Iran for continuing to supply gas and electricity to Iraq, despite serious debts for the resources already supplied – 11 billion euros. Against the backdrop of a shortage of energy resources, Iraq, according to him, began to more actively develop projects for the production of associated petroleum gas.

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