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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 is optimistic about ending gas flaring within 5 years.. How will we get 4 billion cubic feet pe

rocky
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Iraq is optimistic about ending gas flaring within 5 years.. How will we get 4 billion cubic feet pe Empty Iraq is optimistic about ending gas flaring within 5 years.. How will we get 4 billion cubic feet pe

Post by rocky Tue Nov 23, 2021 9:16 am


[size=30]Iraq is optimistic about ending gas flaring within 5 years.. How will we get 4 billion cubic feet per day?


2021-11-23
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Yes Iraq: Baghdad

3 different and conflicting dates for when to stop gas flaring in Iraq, sometimes Oil Minister Ihsan Abdul-Jabbar says that gas flaring will be stopped completely in 2025 and other statements indicate stopping gas in 2024, and in the last statement the Ministry of Oil expected to end gas burning in Iraq's oil fields by the year 2027.
Whereas, Director-General of the Technical Directorate of the Ministry of Oil, Ali Hammoud, says: "I am optimistic that gas flaring will end in 2026-2027," noting that "Iraq is currently burning about 45 percent of its gas production of 2.8 billion cubic feet per day."
"These projects currently under development should help reduce the associated gas that is being flared," he added.
The second largest producer in the Organization of Petroleum Exporting Countries (OPEC) is seeking help from international oil companies to help control the flaring of associated gas, and Iraq was the second worst country in the world in terms of gas flaring after Russia in 2020, burning about 17.37 billion cubic meters of gas last year, according to the World Bank.
Iraq needs to increase gas production because it is under increasing pressure from Washington to rely on itself to supply its electric stations with fuel instead of relying on Iran, which has been under US sanctions since 2018.
Iraq produces 2.7 billion cubic feet of gas per day, of which it invests 1.4 billion cubic feet, and burns 1.3 billion cubic feet. By stopping the burning of this quantity, Iraq will have 2.7 billion cubic feet of gas invested and ready for use.
However, Oil Minister Ihsan Abdul-Jabbar had revealed earlier that Iraq aims to produce 4 billion cubic feet during the next five years.
Thus, Iraq will need 1.3 billion cubic feet, which may be produced by Iraq through free gas, as Hammoud revealed that “the Ministry of Oil is also conducting negotiations with international oil companies to develop non-associated gas from two fields, Akkas and Mansouriya.”
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