Gas flares from an oil production platform at the Soroush oilfields in the Persian Gulf, south of the Iranian capital Tehran, July 25, 2005. (REUTERS/Raheb Homavandi/File Photo)
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Iraq needs at least two years to boost the country's gas production to stop importing Iranian gas used to feed its power stations, a senior Iraqi energy official said on Thursday.The United States said last month that Iraq can continue to import natural gas and energy supplies from Iran for a period of 45 days as long as Iraq does not pay Iran in U.S. dollars.Abdel-Ghani said Iraq is seeking to reach gas production of around 2000 mcf/d by the end of 2023, including 1.43 mcf/d from the Basra Gas Co. and additional 500 mcf/d from other future projects in the south.On Jan. 22, Iraq signed a memorandum of understanding with the U.S. company to build facilities to capture the gas from the field located in southern Iraq and to transform it into usable fuels.
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