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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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    Disclosure of a plan to invest associated gas in Iraq

    Rocky
    Rocky
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    • Post n°1

    Disclosure of a plan to invest associated gas in Iraq Empty Disclosure of a plan to invest associated gas in Iraq

    Post by Rocky Sat 20 Mar 2021, 8:05 am

    Disclosure of a plan to invest associated gas in Iraq

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    The Ministry of Oil announced, on Saturday, the implementation of a plan to invest gas associated with oil, while confirming that gas production has reached 110 million cubic feet per day during the past two months.  
    The Undersecretary of the Oil Ministry, Hamid Al-Zobaie, said, "During the past two months, there has been an increase in production of 50 million standard cubic feet from the northern oil fields and 60 million standard cubic feet from the fields of the south," according to the official news agency, INA.   
    He added that "the South Field witnessed an increase of 60 million standard cubic feet for the North Rumaila, the fifth isolation station, and its capacity reaches 120 million cubic feet per day," adding that: "Now, 60 million cubic feet has entered into service as a first stage, and a new additional quantity will enter in the coming months."
    He pointed out that "there is an increase in gas investment, which leads to the investment of liquids from gases from condensers and (BG), as the consumption demand from it has been met, and exports will increase, due to the increase in gas investment."
    He stressed that "the ministry has a plan to fully invest the quantities of gas associated with oil production, and it is among its prepared projects, and is now under implementation."
    "There are four projects during the current period, which are the Nasiriya gas investment with a capacity of 200 million cubic feet per day, the Halfaya investment with a capacity of 300 million feet, the Artawi project in Basra gas with a production capacity of 400 million cubic feet, and the Artawi project in southern gas with a capacity of 300 million feet. cubic".
    He explained that "the total of these projects is 1200 million cubic feet per day, in addition to the quantities of gas currently invested, which constitute 1500 million standard cubic feet per day," noting that "the sum of the two parties is equal to the sum of the gas produced with oil, which amounts to 2700 million cubic feet per day." .
    He stated that "gas in recent years is a basic resource and is environmentally friendly, and its financial return is high, in addition to its high energy production in power stations, which are produced more with gas."
    He pointed out that "the Ministry of Oil has worked with the Ministry of Electricity to equip stations with the available fuel of gas, kerosene, fuel oil, fuel oil and crude oil," stressing that "the ministry is working continuously to provide fuel to all stations, and to deliver it to stations distributed throughout the country."  
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