Iraq, looking for a foreign partner in the station a second gas processing

[ltr]Iraq, looking for a foreign partner in the station a second gas processing[/ltr]
 Since 05/02/2017 20:47 pm (Baghdad time)
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[ltr]Iraq's South Gas Company, the state-run Iraq, said that looking for a foreign partner in a project to build and operate a second treatment plant associated with the production of oil from the southern fields of gas.[/ltr]
[ltr]He said Ihsan Abdul-Jabbar, director general of the South Gas Company in a press statement I followed / balances News /, in Basra, southern Iraq, said the new project will bring gas that currently burn due to lack of processing power.[/ltr]
[ltr]"We targeted partners are global partners have the know-how (in English) and knowledge to manage such projects fields outside the gas Basra where two technical challenges challenges and financial challenges of the debate is currently working with companies that have the solutions to these technical challenges and intent find facilities have the capacity to deal with the quantities of gas, mostly part which will tell a great acidic and acidic gas investment is a costly technical challenge of this investment and financial challenge is the ability of the state, over the state's ability to provide these customizations. "[/ltr]
[ltr]In order to develop competition Abdul-Jabbar said he can not be a Shell or Mitsubishi new partners as Charcan in Basra Gas Company, which is the first project for the treatment of gas, which began operating in 2013 in partnership with the South Gas.[/ltr]
[ltr]Abdul-Jabbar, who also serves as chairman of the Basra Gas added that "about 600 million cubic feet (17 million cubic meters) per day of gas is currently burned in the southern fields while processing 700 million cubic feet per day."[/ltr]
[ltr]He pointed out that the Basra Gas Company hopes to increase the volumes of gas processor to about one billion cubic feet per day by the end of the year. Gas is fed processor in the local network, while partly issued in the form of liquefied petroleum gas and condensate.[/ltr]
[ltr]Abdul-Jabbar said that Iraq expects to increase its exports revenues of liquefied petroleum gas and condensate for about three-fold this year to reach more than $ 200 million from $ 69 million in 2016.[/ltr]
[ltr]"We are imports, which came to the country in excess of $ 70 million. $ 69 million exactly Bs next to another we are and we have provided for the country to import large quantities of liquefied petroleum gas (LP G) of the country has meant imported an average of 1,000 tons of TNT BG thus The large amounts huge amounts imported from abroad Sudaina the country's need of this product and we began to export. "[/ltr]
[ltr]Abizaid and "2017 we expect that he claimed Tndharb in three. We expect that revenue will come to the company Basra gas exceeding $ 200 million. Of course this is part of Basra, the bulk of gas production is consumed within the country for domestic consumers. This only amounts Tegina we export out of the country Elly amounts sells its product Basra gas within the country who is a dry gas and LPG material was for 2016 exceeding $ 600 million, I think the year 2017 up to 700 million dollars. "[/ltr]
[ltr]Iraq has one of the largest oil reserves in the world, but most of what has come out of the gas accompanying the production of crude oil. It is expected the first custom field operation for the production of natural gas, which Siba field in the middle of 2017.anthy 29 / tc n[/ltr]


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