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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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    Iraq is close to resolving the issue of burning gas.. Oil Parliament: We will reach self-sufficiency

    Rocky
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    Iraq - Iraq is close to resolving the issue of burning gas.. Oil Parliament: We will reach self-sufficiency Empty Iraq is close to resolving the issue of burning gas.. Oil Parliament: We will reach self-sufficiency

    Post by Rocky Tue 02 Apr 2024, 4:01 am

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    [size=52]Iraq is close to resolving the issue of burning gas.. Oil Parliament: We will reach self-sufficiency after 3 years[/size]

    [size=45]Iraq witnessed a huge financial waste in the associated gas file, due to the lack of factories dedicated to investing in it. Therefore, it was to no avail and was burned during oil extraction operations, while the country’s electrical energy depends in large proportions on this gas, which is imported from abroad, specifically from Iran.[/size]
    [size=45]Member of the Parliamentary Oil Committee, MP Dhurgham Al-Maliki, confirmed that Iraq will reach self-sufficiency in gas production after 2027.[/size]
    [size=45]Al-Maliki said, “The most prominent projects of the Ministry of Oil are to continue investing in associated gas in the southern oil fields through the French company Total through a long-term contract, the first stages of which will appear after the year 2027,” pointing out that “the contract was delayed for more than one session before the ministry took a decision.” Brave and completes the agreement with the company, which has actually begun to establish the basics of work and proceed with implementing what was stated in the agreement.”[/size]
    [size=45]He added, “The Ministry of Electricity imports large quantities of gas to operate its energy production stations and achieve self-sufficiency according to the drawn-up plan that will begin after 2027, and after that we may begin larger development operations to reach the export stage, meaning we need 2-3 years actually to reach the self-sufficiency stage according to Studies and readings that we noticed through visiting work sites.” He pointed out that “burning gas in oil production fields costs Iraq 2-3 billion dollars annually and perhaps more, not to mention the environmental damage,” noting that “after 2027, the issue of burning gas in most of the fields will end.” During its investment according to advanced mechanisms.” Data from the Energy Research Unit revealed earlier that Iraq ranked third among the worst countries in the world in terms of burning natural gas, as it showed that Iraq burned about 17.8 billion cubic meters during 2022, compared to 17.7 billion cubic meters in 2021, with a growth rate of 0.3%. Annual.[/size]
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