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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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    Al-Sudani's advisor: Losses from gas flaring and importing it are estimated at $12 billion annually

    Rocky
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    • Post n°1

    Al-Sudani's advisor: Losses from gas flaring and importing it are estimated at $12 billion annually Empty Al-Sudani's advisor: Losses from gas flaring and importing it are estimated at $12 billion annually

    Post by Rocky Sat 01 Apr 2023, 3:55 am

    [size=46]Al-Sudani's advisor: Losses from gas flaring and importing it are estimated at $12 billion annually[/size]
    Economy
    17:23 - 2023-03-31
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    Adviser to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Friday, that the losses of gas flaring and importing it are estimated at about $ 12 billion annually, while he expected that its burning would be zero and that its uses would reach 100% during the next two years.
    Salih said in a press interview, "The losses incurred by Iraq as a result of importing gas to operate power stations, or burning associated gas from the central and southern fields, are estimated at about $12 billion annually, which is a huge cost on oil resources, and on the country's financial resources." .
    He added, "What the Prime Minister announced about taking several measures to develop the energy sector and invest in associated gas represents the beginning of two things: the first is stopping and zeroing gas burning in order to protect the Iraqi environment from pollution and problems, and the second is the use of gas after its treatment for the purposes of power stations."
    He pointed out that "this provides two things as well, the first is the use of burnt gas, which goes to waste, and the second is to stop imports as much as possible to operate and advance power stations."
    And he expected: "During the next two years, we will reach zero burnt associated gas, and its uses will reach 100%," stressing that "this represents an economic and technical process related to economic prosperity and the immunity of the Iraqi environment."
    And the Prime Minister, Muhammad Shia’ al-Sudani, confirmed, during his participation, via a teleconference, in the (Summit for Democracy) conference, based on an official invitation from the president of this summit, President of the United States of America Joe Biden, yesterday, Wednesday, that the government has taken several measures to develop The energy sector, and the investment of gas associated with oil extraction, in order to stop the losses of this important wealth for future generations, and to obtain an important source for operating power plants, and reducing environmental pollution. 
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