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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 's economy is using a US company to process gas extractor

    Rocky
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     Iraq 's economy is using a US company to process gas extractor Empty Iraq 's economy is using a US company to process gas extractor

    Post by Rocky Tue 23 Jan 2018, 3:29 am

    [size=32]
    Iraq 's economy is using a US company to process gas extractor[/size]
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     2 hours ago




    Iraq agreed with US Orion on Monday to process gas extracted from the giant Ben-Ammar oil field. 
    The memorandum of understanding signed in Baghdad between the representatives of the Ministry of Oil and the American company to build facilities to collect gas from the field in southern Iraq and converted into usable fuel. 
    The field operated by the Basra Oil Company produces more than 40,000 barrels per day of oil and 25 million cubic feet of natural gas. 
    Iraq continues to burn gas associated with crude oil fields as a result of the lack of facilities to treat it to be converted to fuel for domestic consumption or for export. 
    Iraqi Oil Minister Jabbar al-Luaibi said at the signing ceremony that the Europeans would collect and treat between 100 and 150 million cubic feet per day of gas.
    He said the gas would be used to feed power plants and produce up to 10 million liters of gasoline, equivalent to 32 percent of Iraq's total fuel imports. 
    He added that the ministry aims to stop "incineration operations at the end of the year 2021". 
    The minister said he plans to visit Kuwait in February to finalize an agreement to export Iraqi gas, adding that the two countries have yet to agree on the sale price. 
    The two countries are considering a pipeline project to transport 50 million cubic feet of gas per day to Kuwait, up to 200 million cubic feet per day over the decade, a decade. 
    The exports will come from the Rumaila field and are used to feed a petrochemical plant and pay the last war reparations owed by Baghdad for the $ 4.6 billion invasion of Kuwait in 1990. 
    Iraq used Japan's Toyo Engineering Co. to help build the project.






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