Iraq Among Five Countries Contributing to Increased Gas Production in the Middle East

  • 23-03-2025, 12:26
  • Iraq / Economy
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Iraq Among Five Countries Contributing to Increased Gas Production in the Middle East

Gas production in the Middle East rose by 2.2% in 2024, reaching 741 billion cubic meters, led by Qatar and Iran, with contributions from Iraq, Oman, and the UAE.

According to the "Taqa" website, natural gas production in the Middle East is expected to increase by 66.5%, reaching 1.15 trillion cubic meters by 2050, compared to 694 billion cubic meters in 2023. 

Additionally, gas production in the region is projected to grow by 21%, reaching 841 billion cubic meters by 2030, and further rising to 996 billion cubic meters by 2040.

In 2023, the Middle East accounted for approximately 17% of global gas production, a share expected to rise to 22% by mid-century. 

Global natural gas production stood at 4.078 trillion cubic meters in 2023 and is anticipated to grow by 31%, reaching 5.317 trillion cubic meters by 2050.