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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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    Iraq does not need a quarter of its gas imports.. What do you know about the “Nahr Bin Omar” field?

    Rocky
    Rocky
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    Iraq does not need a quarter of its gas imports.. What do you know about the “Nahr Bin Omar” field? Empty Iraq does not need a quarter of its gas imports.. What do you know about the “Nahr Bin Omar” field?

    Post by Rocky Thu 30 Nov 2023, 3:57 am

    [size=35][size=35]Iraq does not need a quarter of its gas imports.. What do you know about the “Nahr Bin Omar” field?[/size]
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    Economy

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    2023-11-30 | 01:27
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    Alsumaria News - Economy

    The Nahr Bin Omar field will produce more than 300 million cubic feet of natural gas per day, which will enable Iraq to reduce the quantities of gas imported from neighboring countries by about 25%, and will also contribute about 10% to the country’s fuel production, according to Ahmed. Al Mohsen, Business Development Manager at Raban Al Safina Energy Projects Group.


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    Al-Mohsen added that the gas produced from the project, with a total cost of more than $3 billion, will generate enough electricity for about 800,000 residential units, according to Al-Sharq.

    [You must be registered and logged in to see this link.] imports electricity and gas from Iran, as these imports constitute between a third and 40% of [You must be registered and logged in to see this link.]’s energy supplies. [You must be registered and logged in to see this link.] has repeatedly cut off these supplies in order to pressure [You must be registered and logged in to see this link.] to pay the dues, while the latter is facing difficulties in doing so due to the US sanctions imposed on [You must be registered and logged in to see this link.].



    Efforts to achieve self-sufficiency
    [You must be registered and logged in to see this link.] is making large investments in the field of gas, and the state is counting on several projects aimed at achieving self-sufficiency in gas production, and perhaps exporting it, according to statements by Iraqi Oil Minister Hayyan Abdul-Ghani earlier this year on the sidelines of his participation in the annual OPEC conference. In the Austrian capital, Vienna.

    Last Friday, the [url=https://www.alsumaria.tv/Entity/3169148732/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A/ar/]Iraqi Council of Ministers[/url] approved the implementation of the Nahr Bin Omar field gas development project according to the “Build, Own, Operate and Transfer” (BOOT) principle for a period of 15 years after the date of commercial operation, following the approval of the signature of the South [url=https://www.alsumaria.tv/Entity/2061297793/%D8%B4%D8%B1%D9%83%D8%A9 %D8%BA%D8%A7%D8%B2/ar/]Gas Company[/url], affiliated with the Ministry of Foreign Affairs. Iraqi Oil, an agreement with the Halfaya [url=https://www.alsumaria.tv/Entity/2061297793/%D8%B4%D8%B1%D9%83%D8%A9 %D8%BA%D8%A7%D8%B2/ar/]Gas Company[/url], which is part of the “Rabban Al Safina” group, the Iraqi developer in the energy, oil and gas sector.

    The “Nahr Bin Omar” field project is an integrated project that includes collecting, compressing, processing gas, and extracting liquefied petroleum gas, according to Al-Mohsen, who pointed out that the project includes constructing a pipeline to transport natural gas to power stations in [You must be registered and logged in to see this link.], in addition to building a marine platform in the port of Umm Al-Qasr for export. Liquefied gas to global markets.

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