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 đĽ âIraqâs Silent Energy Revolution: From Gas Importer to Global Exporter đ¨đ˘ď¸â
A strategic pivot is reshaping Iraqâs economyâone propane shipment at a time.
đ Top Highlights
â
 From Importer to Exporter
Iraq has achieved self-sufficiency in gas production and has started exporting propane and LNG since 2022âa major national milestone.
â
 Breaking into Asia
In 2024, Iraq doubled its export volume with a 20,000-ton propane shipment to China, signaling entry into the Asian energy market.
â
 Consistent Export Growth
With monthly exports of 25,000â35,000 tons and annual totals over 350,000 tons, Iraq is building a reliable presence in the global gas sector.
â
 Revenue Potential
Gas exports are bringing in about $250 million/yearâmodest compared to oil, but strategically vital for diversification.
â
 Cautious Strategy Pays Off
Rather than rushing into competition, Iraq is gradually scaling production, building expertise, and testing capacity.
â
 Infrastructure is Key
Experts stress the need for stronger gas infrastructure and waste management to stay competitive and sustainable.
đ Quick Facts
First major propane export | 10,700 tons (2024) | Marked export capability |
China shipment | 20,000 tons | Entry into Asian market |
Monthly exports | 25,000â35,000 tons | Sustained momentum |
Annual exports | 350,000+ tons | Medium producer status |
Annual revenue | $250M | Foundation for diversification |
âď¸Â Challenges vs. Opportunities
Aging gas infrastructure | Untapped gas reserves |
Global LNG competition | Booming energy demand |
Energy waste | Revenue diversification |
Oil dependency | Major new markets (e.g., China) |
đ§ Â Key Takeaways
Iraq is quietly building a parallel energy economy, less dependent on oil.
Propane and LNG exports are no longer experimentsâthey're a strategic path forward.
With the right investment, Iraq could become a major regional player in LNG.
The shift represents a new chapter in Iraqâs long-term economic transformation.
đŹÂ "This is more than gasâthis is Iraq rewriting its economic future."
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