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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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    From A to Z.. A press report on Iraq's import of Qatari gas

    Rocky
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    From A to Z.. A press report on Iraq's import of Qatari gas Empty From A to Z.. A press report on Iraq's import of Qatari gas

    Post by Rocky Sat 26 Feb 2022, 5:40 am

    [size=30]From A to Z.. A press report on Iraq's import of Qatari gas
    [ltr]2022.02.26 - 11:55[/ltr]
    [/size]
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    Iraq's compass is heading towards Qatar to import liquefied gas to maintain the momentum of the Iraqi electrical production plants, fill the shortage in them, and bilateral cooperation in the field of energy.  
      
      
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    The Iraqi Minister of Electricity, Adel Karim visited Doha at the beginning of this month, and he met the Qatari Minister of Energy, Saad Sherida Al-Kaabi, and discussed with him the supply of Qatari gas to fill the shortage of gas in Iraq.  
      
    A spokesman for the Iraqi Ministry of Electricity, Ahmed Al-Abadi, denied that the Iraqi move aims to dispense with Iranian gas, which his country imports and recently caused the suspension of a number of Iraqi power stations due to poor pumping, from 50 million cubic meters during the winter and 70 million cubic meters in the summer, to 8.5 million cubic meters per day currently.  
      
    On the possibility of pumping Qatari gas to Iraq before next summer, al-Abadi replied that "the issue needs quick measures between the Ministry of Electricity and the ministries of oil, transport and finance, as well as Iraqi ports."  
      
    [size=20]Diversify sources  

    Regarding the price agreed upon between Baghdad and Doha to import gas from Qatar, Al-Abadi confirmed that the prices are subject to negotiation between the two parties, noting that there is a need to diversify energy sources, including gas, as Iraq began diversifying those sources such as the electrical connection with the Gulf after the link was established with Iran, and now it will be Importing Qatari gas in light of the government's new trend towards renewable energy projects, which are the least financially costly among all sources.  

    Oil and gas academic Dr. Bilal Al-Khalifa said: "Importing Qatari gas at a price lower than the price of imported Iranian gas is positive for Iraq's increasing need for gas as a result of the increasing need for electric power of more than 1500 megawatts annually, and thus the need for gas increases for the purpose of keeping pace with the increase in demand. on electrical energy and to ensure energy for the coming years.  
      
    From an economic point of view, the Caliph believes that it is necessary to start extending a network of pipelines to import Qatari gas with special specifications, extending through Kuwait first, to southern Iraq, and then to Baghdad to feed power stations. He said that “Iraq cannot dispense with imported gas because the exploitation of its associated gas will not It fills the needs of its stations to generate electricity, which amounts to 33,000 megawatts.  
      
    Al-Khalifa says that "all the imported gas is used in the production of electric power to feed several generating stations, including the Basmaya gas station, where 3300 MW are generated, the South Baghdad plant is 400 MW, the Al-Quds plant is 1,360 MW, the Sadr plant is 600 MW, and the Mansouriya plant in Diyala Governorate is 500 MW. .  

    The Khalifa revealed that "Iraq burns associated gas during the extraction of crude oil daily, 1400 million cubic feet, and annually 17 billion cubic meters."  
      
    Infrastructure  
    In practice, Iraq does not have the infrastructure to receive Qatari gas or from any other source from the Gulf states, says Harry Stepanian, an energy consultant and member of the Iraqi Energy Institute.  
      
    Stepanian says that Iraq needs Qatari gas, and it should start building infrastructure for this purpose, stressing the need for Iraq to go to invest in the field of free gas and start negotiating with the Kurdistan region to develop the Bani Bawi and Miran fields after the British General Energy company withdrew from agreement last year.  
      
    He pointed out that linking the agreement to develop associated gas from the Artawi group of fields with the French company "Total" last September with other contracts slows down the development of the gas project until Total finishes discussions to finance other projects estimated at $10 billion as a first stage.  
      
    open gate  
    “It is better to come late than not to come,” this is how the economic specialist Youssef Al-Nabhani began his talk about importing gas from Qatar, which has reserves that represent about 13.1% of the world’s total reserves of natural gas, describing the import step as “excellent.”  

    Al-Nabhani says: "Iraq's import of gas from Qatar helps it open up to its Arab surroundings and contributes to supporting the national economy through the entry of Qatari and Gulf investments to make Iraq a major economic power."  
      
    Searching for investment  
    As for the Kurdistan region of Iraq, it resorted to the use of Qatari expertise in the field of gas investment. The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, visited Doha at the beginning of this month, and met with the Emir of Qatar Sheikh Tamim bin Hamad Al Thani and Energy Minister Jassem Sherida Al Kaabi.  
    On this, the economic advisor to the Presidency of the Parliament of the Region, Dr. Arshad Taha, speaks to Al Jazeera Net that "the region aspires to attract successful Qatari investments to contribute to the development of the gas sector of Kurdistan, which ranks seventh in the world as the richest natural gas reserves with 5.7 trillion cubic feet."  

    Taha added that the development of the region's gas sector contributes to the production of large quantities of domestic consumption and the export of the surplus to Turkey and neighboring countries, adding that this will also help economic integration within the region and with Iraq, which will bring benefits to the entire country.  
    Taha expects the region to have the capacity to produce 40 billion cubic meters of gas annually by 2035 if investment rises, compared to the current level of 5 billion cubic meters annually.  
      
    burning gas  
    According to World Bank data, Iraq is the second country in burning associated gas after Russia, as it burns 18 billion cubic meters annually during oil extraction, while Iraq imports gas in the same amount annually, and annual losses are between two billion and 3 billion dollars.  
    And the economist Nabil Jabbar Al-Ali talks about that, "Iraq has gas reserves estimated at 3.5 trillion cubic meters, 70% of which is in the form of gas associated with oil, and 30% in the form of free gas deposits in different regions of the country."  

    Technically, Al-Ali sees in his speech to Al-Jazeera Net that it is not easy to invest associated gas, especially since many of the fields granted by licensing contracts were managed in an unprofessional manner, which caused the waste of large quantities of gas in 2013 in favor of the increase in oil production, pointing out that this also contributed In changing the composition of natural gas present in oil reservoirs and changing the proportions of its components, which may require more investments to treat and purify it of harmful substances.  
      
    Despite this, Al-Ali believes that more efforts should be made to reduce the waste of this wealth and direct it to the benefit of Iraq's rentier economy and increase its investments in processing associated gas and free gas together.  [/size]



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