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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    When will the associated gas problem end?

    Rocky
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    • Post n°1

    When will the associated gas problem end? Empty When will the associated gas problem end?

    Post by Rocky Fri 30 Jul 2021, 6:46 am

    When will the associated gas problem end?

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    No one knows the number of promises made by successive Iraqi governments after 2003 to invest associated gas, from which oil extraction operations have burned 629 billion cubic feet so far, spoiling all the memoranda of understanding that they signed with international companies for the same purpose, so that the words of Prime Minister Mustafa Al-Kazemi came yesterday, Monday. In Washington, about an upcoming agreement with the United States to invest in gas, a link in a series of long promises that have not seen the light of day for 18 years .
    Economist Hammam Al-Shamaa says, "Any investment in associated gas in Iraq does not exist, for official statements are one thing and reality is another ."
    Al-Shammaa added, "The official data is misleading the Iraqi people, and the first obstacle to the implementation of these projects is corruption, as the money of the project is spent and goes to the pockets of the corrupt," noting that "there are those who accuse Iran and its agents, but this is not true. They obstruct these projects for their own personal interests ."
    According to the final statement of the strategic dialogue round between Iraq and the United States, which was held during the presence of Prime Minister Mustafa Al-Kazemi in Washington, and his meeting with US President Joe Biden, he announced a "historic" project that will begin next fall, and that it has been under discussion for many years and includes extracting gas from oil fields. in Iraq .
    A White House official stressed that this project is very important not only to Iraq's energy needs, but also to the climate aspect, which is clearly central to our agenda here in the Biden administration .
    The Iraqi government had signed a contract with the American company Honeywell to process natural gas from the Artawi oil field, during the visit of Prime Minister Mustafa Al-Kazemi and the ministerial delegation to the United States on August 20, 2020 .
    On November 27, 2011, Iraq announced the conclusion of a final agreement worth 17 billion dollars with Royal Dutch Shell, British-Dutch and Mitsubishi of Japan, to treat gas in southern oil fields. And that it will be the optimal exploitation of gas, especially since the country owns two types of gas, which are associated and free .
    Under the agreement, which has not yet seen the light of day, the Basra Gas Company will be established, of which the government was supposed to own 51 percent, while Shell owns 44 percent, and Japan's Mitsubishi owns 5 percent, with the aim of collecting gas in the Rumaila, Zubair and West Qurna fields .
    On April 1, 2021, the Ministry of Oil announced that the American "Baker Hughes" oil services company is the closest to winning a contract to invest natural gas in the Cruz field in Anbar Governorate, in the west of the country, and there are advanced negotiations with the company, and (it is one of the arms of the company). General Electric of America), and there is a high possibility that the contract will be signed with this company alone, or that it leads a coalition to develop the field .
     
    The Akkas field in Anbar contains, according to estimates, 5.3 trillion cubic feet of natural gas, so it is one of the largest gas fields in Iraq .
     
    And the oil expert, Asri Musa, confirmed last April that the mystery in the large number of government contracts with the uselessness of them, is due to the overlap of politics with the oil field, and the price here is very high, and that what Iraq signed in previous years through all governments, they are all memoranda An understanding and it did not rise to the level of contracts, with the exception of Baker Hughes, adding that the matter is nothing more than intentions, and every government takes control of matters and tries to walk it temporarily until its term expires and goes, and thus it became a chain over the previous governments .
     
     
     
    Iraq is the second country after Russia in burning associated gas, according to a global classification, and the US Energy Information Administration has estimated that Iraq has ignited 629 billion cubic feet of natural gas, due to the insufficiency of pipelines and infrastructure so far, indicating that this burning amount of gas Enough to power 3 million homes .
     
     
     
    In May 2020, Iraq also signed a final agreement worth $1.07 billion with the Chinese Petroleum Engineering and Construction Company to build and operate facilities to process natural gas extracted with crude oil in the giant Halfaya field .
     
     
     
    World Bank data indicate that the Iraqi oil fields' lack of gas collection equipment, leads annually to the burning of 18 billion cubic meters of gas associated with oil .
     
     
     
    According to international estimates, this burning costs Iraq $2.5 billion annually, or 1.55 billion cubic meters of gas per day, which is 10 times what Iraq imports from Iran .
     
     
     
    Iraq has proven reserves of natural gas, estimated at 280 trillion cubic meters, or (1.7 percent) of the world's reserves .
     
     
     
    According to the US Energy Administration, "70 percent of Iraqi gas is associated gas, and 30 percent is natural gas, and that Iraq destroys 62 percent of its gas production, equivalent to 196 thousand barrels of oil. The amount wasted 45 billion dollars, which is enough to create an entirely new gas industry .
     
     
     
    Associated and natural gas fields are spread in most of the Iraqi oil provinces, by 70 percent in the Basra fields (Majnoun, Halfaya and Rumaila), 10 percent in the Kirkuk fields, and 20 percent in the northern and western regions of the country, according to a complete statistic obtained by "New World" within Gas file, which I published last year.
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