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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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    Oil shows the most important associated gas investment projects in Iraq and their current production

    Rocky
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    Oil shows the most important associated gas investment projects in Iraq and their current production Empty Oil shows the most important associated gas investment projects in Iraq and their current production

    Post by Rocky Wed 01 Feb 2023, 1:52 pm

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    Baghdad -
    Today, Thursday, the Ministry of Oil clarified the most important gas investment projects implemented in Iraq, and while it revealed the current and targeted production numbers in the future, it indicated the contents of the agreement with the French company Total, which it said it includes 4 paragraphs and will be implemented soon, and it is one of the fruits of the Prime Minister's visit. Mohammed Shia Sudanese last to France.

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    [size]
    "Gas investment is a complex industry that needs specialized international companies that use advanced technological tools, and Iraq has taken very important steps in this direction by contracting with solid companies," ministry spokesman Assem Jihad told the Iraqi News Agency (INA).
    He added, "Iraq established the Basra Gas Company with Shell and Mitsubishi to invest gas from 4 oil fields with plans targeting 2,000 million standard cubic meters per day, and has now reached the ability to invest 50% of this amount, which is equal to about 1,000 million cubic meters, which is a very important development.
    He continued, "There is a second agreement with the Chinese company (PetroChina) to invest gas associated with the Halfaya field in Maysan, and this will provide up to 300 million standard cubic meters per day. We also agreed with the American Baker Hughes company." to invest 200 million standard cubic meters from the Gharraf and Nasiriyah fields in Dhi Qar, and these investments in total provide quantities A good addition to it is an agreement that will soon be implemented with the French company Total soon, and it is one of the fruits of the Prime Minister's recent visit to France.”
    He stressed that "the completion of the current projects in Maysan, Dhi Qar, and a large part of the projects in Basra will mean the provision of large quantities of gas to cover the local need."
    He stressed that "these investments aim primarily at stopping the burning of gas, covering the local need for power stations, and stopping the damage to the environment as a result of burning it, as well as supporting the establishment of projects for petrochemical industries with great economic returns."
    Regarding the agreement with Total, he explained that it “includes 4 paragraphs stipulating the transfer of sea water and its delivery to the oil fields at a rate of 5 million barrels per day, because the fields need large quantities of water to support the oil extraction.” process, and secondly, the investment of about 600 million standard cubic meters of associated gas in two phases, the first lasting 4 years.” years, the second for another four years, and the third is a solar energy investment project that provides 1 gigawatt, and the fourth project is to raise the production of the Artawi field in Basra to 210,000 barrels per day.[/size]
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