An annular axial mixing system for combined gas and liquid flow. The system includes a gas-liquid separator to separate a multiphase gas and liquid into a gas flow and a liquid flow. A lower leg in communication with the gas-liquid separator is configured to receive liquid flow. An upper leg in communication with the gas-liquid separator is configured to receive gas flow. An annular mixing chamber receives gas from the upper leg. A static liquid chamber, at least a portion of which is within the mixing chamber, is in communication with the lower leg and includes perforations therein to receive gas bubbles from the gas in the annular mixing section chamber in order to mix the flows.