Maysan’s oilfields currently producearound 300,000 barrels of crude and 140 million cubic feet of associated gasdaily. "Of this, 30-35 million cubic feet is used to power electricitystations within the Buzurgan, Fakka, and Abu Gharb fields," Shaddadexplained. Efforts are underway to increase gas utilization for powergeneration.
Iraq, along with seven other OPEC+members, is currently withholding 2.2 million bpd from the market. Starting inApril, the group plans to gradually increase production, with Iraq’s outputrising by 12,000 bpd each month.
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