Like most oil producing countries in the Middle East and North Africa, Iraq’s energy supply depends largely on its oil and gas consumption.
According to the International Energy Agency’s (IEA) report Iraq Energy Outlook, energy consumption in 2010 was 38 million tonnes of oil equivalent (mtoe) where about 84 per cent oil, 15 per cent gas and one per cent hydroelectric. It is understandable why hydro energy is at such low contribution though Iraq installed hydroelectricity generation capacity of 2300 megawatt (MW) should contribute more albeit for the reduced flow in Iraq Rivers due to upstream projects in Turkey. Perhaps oil consumption at 32 mtoe is over estimated by the amount of surplus fuel oil that is re-injected back to the crude export, which is over seven million tonnes a year.
Of course gas consumption is low because of the flared gas as discussed last week.
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