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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Economist: Iraq will remain a net importer of gas during the next five years

    Rocky
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    Economist: Iraq will remain a net importer of gas during the next five years Empty Economist: Iraq will remain a net importer of gas during the next five years

    Post by Rocky Tue 11 Apr 2023, 5:23 am

    Economist: Iraq will remain a net importer of gas during the next five years

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    Economy News _ Baghdad
    Economic expert Dr. Nabil Al-Marsoumi confirmed, on Tuesday, that Iraq will remain a net importer of gas for at least the next five years, and perhaps more if more gas power plants are built. 
    Al-Marsoumi said in an interview with "Al-Sabah" newspaper, followed by "Al-Iqtisad News", that zeroing associated gas within two years represents a kind of mirage, because the current self-sufficiency rate of gas does not exceed 43 percent, and Iraq currently imports between 6-7 million tons annually of gas. Iranian gas, as it will still need to import gas until at least 2027, even if the gas projects in the south are completed and the French Total is signed.
    He added that the country imports about 57 percent of its gas needs at an annual cost of more than four billion dollars, indicating that the volume of gas currently produced is 3 million standard cubic feet per day. .
    The Ministry of Oil recently announced the final signing of contracts for the fifth licensing round, related to border blocks and fields, in an effort to benefit from their development, investment in associated gas and natural gas, and an increase in oil production at a rate of (250) thousand barrels per day, as well as the production of (1000) barrels per day.
     

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    Added 04/11/2023 - 9:55 AM


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