Iraqi domestic oil burning is set to hit a new record in 2016 despite its recent gains in sales gas production. Efforts to reduce the flaring of associated gas have led to record amounts of sales gas being captured and the trend is upwards. But growth is slow and the level remains well short of that required by Iraq’s power sector.
With new gas-fired power generation capacity scheduled to come online by 2020, Iraq is set to rely on oil burn and gas imports for the foreseeable future. (CONTINUED - 662 WORDS)