Problems of the Natural Gas Market in Iraq and Their Repercussions on Local Production and Demand

Abstract

Natural Gas ıs one of the most ımportand of eneragy sources worldwide and its relevance has increased in recent years because of its various import and uses and its uses fit with the global interest of Green Energy and clean Environment. Iraq own age at amount of the potential gas with about 6% of the Arab world and of 1.7% of the world potential gas. Yet, the Iraq production of the natural gas has been very low since 2003. Production was a bout (11.4) cubit trio how meter as annual average for the period 2003-2007.This amount meets only 15% of the Iraqi domestic consumption with about 64% of this production has been unused and burned annually. At the same time, Iraq is forced to import increasingly a big amount of natural gas to meet its local demand with very low quality of gas and tough terms. The result shows a huge waste in the production of the nature gas in Iraq with a very low investment for using and development the production process. This wasted and burned gas could have been used for local market or for exporting the outside to improve the Iraqi gross domestic product (Gdp).The natural gas process and operation to improve the efficiency of using this important resource with the necessity of importuning of infrastructure of the natural gas section in the Iraqi rental economy.