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Oil companies place “additional costs” above the health of Iraqis
The first 01/18/2024
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la Wathiq.
Technical experts estimate the volume of burning gas emitted from Basra’s oil fields at millions of tons of carbon dioxide equivalent, which has turned the sky of the large city into the largest dumping ground for toxic gases in the world.
Senior Chief Engineer at the North Oil Company, Raed Al-Obaidi, revealed that Basra alone burns more gas than Saudi Arabia, China, India, and Canada.
Al-Obaidi told Al-Sabah, “Iraq ranks second in gas burning, with total emissions from gas burning in 2021 about 38 million tons of carbon dioxide equivalent.”
He added, "The burning intensity in the production stage reaches approximately 26 kilograms of carbon dioxide per barrel of oil equivalent, meaning it represents three times that of Russia," noting that "Iraq's gas production reached 9.4 billion cubic meters in the year 2022 compared to 9.1 billion cubic meters in 2021.
He stated, “The most prominent thing hindering gas investment and ending its burning are the infrastructure restrictions that depend on the technical solutions available to stop gas burning, meaning the additional costs for the operators, in addition to the large investments and the long recovery period due to the gas transportation networks, which is a means of requesting more investments from the operators.” for gas use, as well as market entry barriers, weak regulatory frameworks or binding contractual provisions.”
He explained, "Iraq, along with six other countries, burns the most gas in the world for nine consecutive years: Russia, Iran, the United States of America, Algeria, Venezuela, and Nigeria. Together, these countries produce 40% of the world's oil annually, but they represent approximately 65% of the gas burning operations in the world." .
He stressed that "the amount of natural gas burned for the oil and gas industry globally in the year 2021, according to the World Bank, amounted to about 144 billion cubic meters, through which 1,800 terawatt-hours can be generated, which is equivalent to the second largest consumption of electrical energy by the continent of Europe, while the rate of burning decreased." Gas in 2022 to about 139 billion cubic meters.
The senior chief engineer continued, “According to the United Nations report on alternative energies, emissions must be reduced by half by 2030 and reached zero by 2050. Also, 29% of electrical energy today is generated by alternative energy sources, while in 2020 it was generated 17%.” of the electrical energy in the United States of America from renewable energies, which seeks to harness solar energy to generate half of its electrical grid by the year 2050.”
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