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[size=52]Direction to invest 4 billion feet of gas[/size]
[size=45][You must be registered and logged in to see this image.] Baghdad: Saad Al-Sammak[/size]
[size=45][You must be registered and logged in to see this image.] Baghdad: Saad Al-Sammak[/size]
Iraq is heading to raise the investment capacity of gas produced currently from one billion and 500 million to 4 billion cubic feet up to the year 2024, and to increase the quantities supplied to its power stations.
Undersecretary of the Ministry of Oil, Hamid Al-Zobaie, said: "Iraq aims to reach the investment of 4 thousand million feet of gas by the year 2024, which means producing more than 10 thousand megawatts of electricity."
And he indicated that "new discoveries of free gas will allow reducing the average natural gas import bill over the coming years."
Al-Zoba’i predicted that “the total natural gas investment by 2023 will reach about 2 billion and 700 million standard cubic feet per day, after the completion of investment projects with a capacity of one billion and 200 million cubic feet per day of associated gas from the Artawi fields in Basra and the fields of Dhi Qar and Halfaya in Maysan.”
He expected that "the entry of the Mansouriya fields in Diyala and the crutch in Anbar for service, which are invested by major international companies as specialized fields for free gas, will contribute to reaching the goal of investing 4 billion standard cubic feet by the end of 2024, as 400 million cubic feet per day are being invested in the Mansouriya field and 300 million cubic feet." Standard on a crutch.
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