|Thursday 28 February|
announced the Basra Gas Company, on Thursday, signing a contract with a Chinese company to build a treatment plant for natural gas, and considered that the project would reduce the associated gas flaring and increasing production capacity by 40%.
"The Basrah Gas Company signed a contract with the Chinese Petroleum Engineering and Construction Company (CPECC) to build a natural gas facility in the Artawi region consisting of two units to produce an additional 400 cubic meters of gas per day," the company said in a statement received by Alsumaria News. Units for the future, "noting that" with the start of the operation of the facility we can fulfill the strategic growth plan, as the Gas Company of Basra will progress its plan to achieve an increase in the current production capacity by 40%. "
"The project will play a crucial role in reducing the burning of associated gas from the three fields covered by the first licensing round, increasing the supply of dry gas and export capabilities," the statement quoted the director general of Basra Gas Company, Fritz Kalab, as saying that " Gas means that we will continue to provide gas supplies to Iraqi consumers to make the most of the natural resources in Iraq . "
It is worth mentioning that Basrah Gas Company is a joint venture that will last for 25 years starting from 2013. The company owns 51% of the company, while Shell owns 44%. Mitsubishi Japan holds 5% And treatment of approximately 59% of the associated gas in the fields covered by the first licensing round.
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