Skip to content
Back to Guavy Wire
Commodities

Iraq Boosts Gas Output at Halfaya Oil Field Amid Energy Security Efforts

Instruments
Oil
Share

Iraq's oil production is getting a boost from its Halfaya oil field. The field is now processing about 190 million standard cubic feet per day of associated gas to power plants in Maysan province and support the national grid.

The Halfaya oil field, operated by PetroChina Halfaya Company, produces around 400,000 barrels per day of crude oil. The associated gas output has reached a level of about 190 million standard cubic feet per day since early 2026.

According to Deputy Oil Minister for Extraction Affairs Naseer Aziz, the ministry is working on several associated gas projects to reduce flaring and improve energy security in the country. Iraq aims to end flaring nationwide by 2029.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc