Iraq Hits New Gas Pinnacle

Iraqi sales gas production roared beyond 1.4bn cfd for the first time in December as it hit a record 1.44bn cfd. Coupled with higher gross gas output of 3.16bn cfd it also managed to curb flaring rates to some of their lowest level in 2018 – a still abysmal 54.3% of all gas produced went up in smoke.

Indeed, while sales gas output edged up from 1.16bn cfd to around 1.27bn cfd for the year as a whole, absolute flaring volumes set another annual high. The country has now been flaring more than 1.6bn cfd for three straight years and will struggle not to make it four in 2019. Curbing flaring is a government priority, but one that it is struggling to achieve. (CONTINUED - 119 WORDS)