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Iraq will begin natural gas production at its West Qurna field by the end of this year. Following ExxonMobil's withdrawal, PetroChina now operates the West Qurna 1 field, with an estimated 20 billion barrels of recoverable reserves and a first-phase production target of 700,000 barrels per day. Iraq recently signed a five-year gas supply deal with Iran and agreements with U.S. and Iraqi energy companies to capture flared gas. Additionally, Iraq's growing ties with China, including a near-completed 300,000 bpd refinery at Faw Port, highlight its strategic energy partnerships.

Iraq To Start First West Qurna Gas Production This Year

Iraq will begin natural gas production at its West Qurna field by the end of this year. Following ExxonMobil’s withdrawal, PetroChina now operates the West Qurna 1 field, with an estimated 20 billion barrels of recoverable reserves and a first-phase production target of 700,000 barrels per day. Iraq recently signed a five-year gas supply deal with Iran and agreements with U.S. and Iraqi energy companies to capture flared gas. Additionally, Iraq’s growing ties with China, including a near-completed 300,000 bpd refinery at Faw Port, highlight its strategic energy partnerships.

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