Iraq needs at least two years to boost the country's gas production in order to stop the import of Iranian gas used to feed power plants in the country, said Hayyan Abdul Ghani, head of the state-run Southern Gas Company.
"Iraq's gas production is expected to reach 1.3 million cubic feet per day by the end of 2020, an increase of 400,000 cubic feet per day from current levels," Abdul Ghani told reporters.
"Iraq's current production of gas is not enough to meet the demands of the country's power plants, so Iraq is still importing gas from Iran," he said, adding that his country needed at least 24 months to run new gas projects and start production.
Iraq imports from Iran about 1,300 megawatts and about 28 million cubic meters of natural gas, which is used mainly in power plants.
Baghdad received a 45-day exemption from US sanctions on Iran on January 5 to set a road map to stop its dependence entirely on the use of Iranian electricity and gas.
SOURCE
"Iraq's gas production is expected to reach 1.3 million cubic feet per day by the end of 2020, an increase of 400,000 cubic feet per day from current levels," Abdul Ghani told reporters.
"Iraq's current production of gas is not enough to meet the demands of the country's power plants, so Iraq is still importing gas from Iran," he said, adding that his country needed at least 24 months to run new gas projects and start production.
Iraq imports from Iran about 1,300 megawatts and about 28 million cubic meters of natural gas, which is used mainly in power plants.
Baghdad received a 45-day exemption from US sanctions on Iran on January 5 to set a road map to stop its dependence entirely on the use of Iranian electricity and gas.
SOURCE