Saturday, September 21, 2024

"A Great Iraqi Desire To Turn Into A Gas Exporter": Oil Ministry, 21 SEPT

 "A Great Iraqi Desire To Turn Into A Gas Exporter": Oil Ministry

 Economy  18-09-2024, 16:43  Baghdad – INA   The Ministry of Oil announced today, Wednesday, the referral of the flared gas file to projects under implementation, while

 indicating that during the next 5 years, Iraq will be self-sufficient and will be a source of gas, indicating the signing of the Mansouriya field, which will provide 300 million standard cubic feet of gas.

 The Deputy Minister of Oil for Extraction Affairs, Basem Mohammed Khudair, told the Iraqi News Agency (INA):

"This government, through the Ministry of Oil, has achieved a major change in the gas file, by referring all flared gas to projects under implementation to end this file."

He explained that   "we have a project of about 200 million standard cubic feet in Basra, the same in Nasiriyah, and 150 in the Nahr Bin Omar field, in addition to developing an integrated gas project and referring it to Total, which will collect gas from 5 important fields in the south, with a capacity of 600 million standard cubic feet in two phases, each phase 300 million." He added,

  "The Ministry of Oil, after great effort, succeeded in referring the Akkas field contract to the Ukrainian company, which will provide, after 6 years, a production capacity of up to 400 million standard cubic feet," explaining that

"the Mansouriya field was signed with initials and in the coming days the final letters will be signed, and

this field will provide 300 million standard cubic feet." He continued:

"This transition in the gas file and the referral of some gas fields in the annex of the fifth and sixth rounds will add significant production capacities to Iraq, and

 during the year 2028 or 2030, Iraq will be self-sufficient," stressing that "there is a great desire and insistence to transform Iraq into a gas exporting country."  https://ina.iq/eng/34799-a-great-iraqi-desire-to-turn-into-a-gas-exporter-oil-ministry.html

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