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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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    The Iraqi "Bin Omar Gas" project: It is expected to extract 150 million cubic feet per day in the fi

    Rocky
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    The Iraqi "Bin Omar Gas" project: It is expected to extract 150 million cubic feet per day in the fi Empty The Iraqi "Bin Omar Gas" project: It is expected to extract 150 million cubic feet per day in the fi

    Post by Rocky Sat 05 Aug 2023, 12:11 pm

    The Iraqi "Bin Omar Gas" project: It is expected to extract 150 million cubic feet per day in the first phase



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    2023-08-05 10:11
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    Shafaq News/ The chief advisor of the Bin Omar gas project in Basra Governorate, southern Iraq, expects today, Saturday, that the volume of gas extracted from the project will reach 150 million cubic feet per day in its first phase, while he indicated that relying on local companies will achieve self-sufficiency for Iraq in importing gas. It solves the electricity crisis.
    Mounir Bouaziz said in an interview with Shafaq News agency, "The successive governments that governed Iraq after 2003 faced many problems, perhaps the most prominent and complex of which is the electricity file and the continuation of its supply due to the problems, which resulted in a crisis of administrative and financial corruption, mismanagement and planning, which hindered the reform of the system."
    He added, "Most of the power stations that were built need gas fuel to operate, and this constituted another burden on the state and its financial stock, and cost it high prices to import gas from neighboring countries in order to operate these stations."
    Bin Omar continued, "Hence comes the calls to invest associated gas instead of burning it in the air, and Iraq has the capabilities that enable it to achieve self-sufficiency in energy, develop fuel sources, and operate generation stations without disruption due to fuel."
    And he indicated that "what Prime Minister Muhammad Shia'a Al-Sudani put forward in terms of finding solutions to the electricity crisis, including repairing and maintaining stations and activating the private sector for investment, can end the suffering of this file, relying on Iraqi local experiences, and among one of the companies is the Raban Al-Safina company."
    Bin Omar expected that "the volume of gas extracted in the first phase will reach 150 million cubic feet per day," noting that "relying on local companies to invest in associated gas will achieve self-sufficiency for Iraq in importing gas and solve the electricity crisis that constituted an obstacle to the success of successive governments in file for providing services to citizens.
    He explained that this would lead to filling the shortage of associated gas and stopping imports from abroad, in addition to employing Iraqi manpower and competencies and developing and motivating other Iraqi companies to invest in such projects in the future.
    The Bin Omar field is a giant Iraqi oil and gas field in Basra Governorate, near the Shatt al-Arab, in the village of Nahr Omar, north of the city of Basra, and the distance between the field and the city of Basra is 25 kilometers.
    The field was discovered in 1948 AD, and since then it has been studying and examining it, and it was believed that it was part of the Majnoon field, then it turned out to be separate, and production began from it in 2008, and it is a hydrocarbon field that produces natural gas associated with crude oil, and the reserves of the Bin Omar field amount to one billion barrels of oil, and gas reserves 780 billion cubic metres.
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