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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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    Parliamentary Energy confirms the start of gas investment in Iraq and sets a date for self-sufficien

    Rocky
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    • Post n°1

    Parliamentary Energy confirms the start of gas investment in Iraq and sets a date for self-sufficien Empty Parliamentary Energy confirms the start of gas investment in Iraq and sets a date for self-sufficien

    Post by Rocky Fri Apr 14, 2023 6:15 am

    [size=45][size=41]Parliamentary Energy confirms the start of gas investment in Iraq and sets a date for self-sufficiency[/size]
     15 hours ago
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    [/size]

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    The Parliamentary Oil and Gas Committee confirmed the entry of four companies to invest in Iraq's gas, and while it considered that this investment would fill 30% of the country's need for gas, it suggested achieving self-sufficiency within five years.
    Committee member Sabah Sobhi said, in a press interview seen by Taqaddam, that “there are four companies that entered to invest gas within the licensing round, in addition to the efforts of the Ministry of Oil to benefit from the gas associated with oil, to generate electric power stations.”
    Sobhi added, "Iraq now owns 3 gas fields in the provinces of Diyala and Anbar and the border area between Iraq and the Iranian side, and these fields have entered the licensing and investment round."
    He explained that "the gas fields that have entered the investment stage will fill the actual need for gas imports, with 30% of the gas imported from Iran to generate electric power stations."
    The member of the oil and gas parliament ruled out achieving self-sufficiency in gas at the present time, adding that “Iraq needs new equipment and more development in gas investment, and it will be self-sufficiency in gas within the next 5 years.”
    On March 29, Oil Minister Hayan Abdul-Ghani announced the start of gas investment operations from the Akkas gas field in Anbar Governorate, at a rate of (60) cubic meters.
    Over the past decades, Iraq has suffered from a chronic shortage of gas, which it imports large quantities of from Iran, despite being one of the most prominent oil countries in the Middle East, at a time when gas associated with oil extraction that can be used is burned.
    Iraq is among the nine countries responsible for the majority of gas flaring operations, which account for about half of the global production of oil, as according to World Bank data, Iraq is the second most country in the world that uses this practice after Russia and before Iran and the United States. In 2020, it reached The volume of gas burned in Iraq is 17.374 million cubic meters.
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    Rocky
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    • Post n°2

    Parliamentary Energy confirms the start of gas investment in Iraq and sets a date for self-sufficien Empty Iraq raises associated gas investment to support the electricity sector

    Post by Rocky Sat Apr 15, 2023 6:01 am

    [rtl]Iraq raises associated gas investment to support the electricity sector[/rtl]

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    [rtl]Baghdad-Iraq today:[/rtl]
    [rtl]The Deputy Prime Minister for Energy Affairs and Minister of Oil affirmed the ministry's keenness to invest all available quantities of associated gas in the oil fields and turn it into useful energy to supply electric power plants and all industries related to gas fuel.

    The Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul-Ghani, said during his inspection and follow-up of the Basra plant project for the separation and liquefaction of natural gas, according to a statement by the ministry, that "this The project is one of the important strategic projects in the gas sector, with a capacity of (400 cubic meters) million standard cubic feet per day.In two stages, the capacity of each production unit is (200 cubic meters).

    Abdul-Ghani indicated that "the project will also prevent the release of (30) tons of equivalent carbon dioxide gas into the atmosphere or space, thanks to the sour gas treatment of plants and the separation and liquefaction of liquids that were manufactured according to the latest approved international standards, and are managed by the Basra and South Gas Companies.” Indicating that "his visit to the project site comes as part of his daily follow-up to the stages of project implementation and reviewing the final procedures and steps before the start of the experimental operation of the plant and its inauguration at the end of next May." .”

    He stressed that "the ministry is continuing to implement projects to invest all available quantities of gas associated with oil operations, and convert them into useful energy, which was confirmed by the government curriculum."[/rtl]
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