"MONETARY REFORM... TOTAL SUCCESS!!!" BY FRANK26, 17 MAY

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The Minister of Oil announces via “Baghdad Today”: Total has arrived in Iraq and we will stop burning gas urgently (video)

 

 5/15/2024

Baghdad

 Today, Wednesday (May 15, 2024), the Minister of Oil, Hayan Abdul-Ghani Al-Sawad, confirmed the ministry’s intention to implement strategic oil projects, while noting that the integrated southern Iraq project is environmental par excellence as it will end gas burning in five oil fields.

Al-Sawad said in an interview with “Baghdad Today” that “the French company Total has arrived in Iraq,” noting that “there is an expedited project for the company to urgently stop burning gas in current facilities.”

He added, "The agreement with (Total) stipulates the implementation of an accelerated project for gas investment within a period not exceeding one year," pointing out that "the Total project or the Iraq Integrated Project is an environmental project par excellence as it stops Gas burning in five oil fields with a capacity of 600 million cubic feet." and using it to generate electrical energy.” 

He continued, “There are two important projects, one of which is establishing an electrical station using solar energy with a capacity of 100 megawatts, which is considered one of the large stations in the region.”

He explained, “There is another project, which is the use of seawater, filtering it, and treating it to be used in the process of injecting oil reservoirs.”

It is noteworthy that the Iraqi Ministry of Oil signed, on July 10, 2023, a deferred agreement that includes four contracts with the French company Total, with a total value of $27 billion, to develop oil and gas projects in the country, including investment in associated gas with a capacity of 600 million standard cubic feet per day, which is within government projects to convert gas into electrical energy.

 

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