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Baghdad - IQ
The Minister of Oil and Chairman of the Ministerial Council for Energy, Ihssan Abdul-Jabbar Ismail, announced on Monday (March 29, 2021) the signing of an agreement with a French company to deal with four projects, including associated gas.
In a statement received by IQ NEWS , Ismail said, "An agreement has been reached with the French company Total to implement four mega projects that represent the need for development in the country."
He indicated that "the first project and the most important one is the project of collecting and refining gas in all fields outside the Basra Gas Agreement, which are the fields (Artawi, West Qurna / 2, Majnoon, al-Tuba, and al-Luhais) in which large quantities of gas are burned." Agreement with Total to establish a group of facilities in these fields with the establishment of the Central Gas Complex in Artawi, with the aim of fully investing the quantities of associated gas.
He believed that "the project is one of the most important development projects that the country will witness during this year and subsequent years . "
The minister added, "The other giant project is the integrated seawater project, which the ministry has been trying to implement for more than ten years and Total has shown its willingness to implement the project."
Regarding the third project, Ismail said, "It is a project to develop the Artawi field with the aim of maximizing the potential of gas supplies and investing the entire quantity of fields that contain high proportions of natural gas production, and the fourth project is to establish facilities to produce 1,000 megawatts of electrical energy depending on solar energy .
Ismail pointed out that "these four projects have signed their final memoranda and agreed on the scope of almost technical and commercial work. The topic will be presented to the Council of Ministers for approval. These projects are considered one of the largest development projects that Total implements outside France, and these projects represent the most important features of the economy." Al-Watani, as it focuses on gas production, refining, investment and solar energy production, "noting that" discussions in these projects began in October 2020, where technical, commercial, economic and financial matters were discussed for the four projects. "
The Oil Minister pointed out that "Total will pump billions of dollars in order to invest and realize these projects."
According to a statement by the Ministry of Oil, "The Minister of Electricity, Majid Mahdi Hantoush, agreed on principles with the French company Total to implement a project to produce 1,000 megawatts of solar energy . "
The Undersecretary for Extraction Affairs Karim Hattab said, according to the statement, that "a principled agreement was signed today between Total and the Basra Oil Company and the South Gas Company for a large gas investment project in the Artawi field, West Qurna field / 2, and Majnoon field as a first stage with a capacity of 300 in addition to 300. Another facility as a second stage from the Kharaj fields of the Basra gas domain. "
The agent indicated that "the ministry has other projects for gas investment in Maysan Governorate, Dhi Qar Governorate, and Crutch in Anbar and Mansouriya in Diyala, which are projects under signature and investment at the present time . "
While the Undersecretary for Gas Affairs, Hamid Yunus, said, "The agreement that was signed is a framework agreement for the process of gas investment and development of the Artawi field, which will be followed by the signing of the contract after the approval of the distinguished cabinet. During the project, facilities for gas processing will be built with an initial capacity of 300 refiners for several fields (Artawi). Al-Lahis, Al-Tuba, and West Qurna / 2), followed by the second phase also 300 Mqmq per day, and the project will include the development of the Artawi field to raise the production capacity of the field from crude oil, as well as the agreement includes a project to establish solar energy and produce energy estimated at (1000) megawatts .
To that, Hamza Abdel-Baqi, General Manager of the South Gas Company, said, "A signature has been made with the French company, Total, which includes major projects, the first of which is a project to establish two-stage gas processing units with a capacity of 600 vessels, targeting the gas produced in the fields (West Qurna / 2, Majnun, Artawi) and other fields, This will contribute to reducing the quantities of associated gas flaring and investing it in supplying the national gas network by the equivalent of 500 servers to generate electric power, as well as raising the energies of other gas products (liquid gas and condensate). The agreement also includes the development of the Artawi field to reach production in it to 200 thousand barrels per day.
He added that "the current production capacity is 60 thousand barrels per day, indicating that" the agreement also includes the sea water project, which is one of the important projects in the sustainability of production in the oil fields and increasing its productivity to ensure the production of 2.5 million barrels as a first stage, which will increase production and export capacities in the future .
For his part, Executive Director of Total, Patrick Poyaniye, said, "His company has held talks with the Iraqi side to implement the gas investment project, and there are other projects, including increasing production from one of the oil fields and producing electric energy from solar energy," noting that "the signing of the agreement is an important step and there will be." Other steps until signing the contract after approval by the Council of Ministers, and that his company is serious about implementing the project. "
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