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[size=36]Minister of Oil: We have plans to export gas to Europe[/size]
Economy | 11:39 - 02/20/2024
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Mawazine News - Baghdad
Oil Minister Hayan Abdul Ghani said on Tuesday that Iraq has plans to export gas to Europe, in light of the plan drawn up to achieve self-sufficiency in gas within five years.
Abdel Ghani stated, during his participation in the session of the strategic conference held within the activities of the Egypt International Energy Conference and Exhibition, that “a global bid was launched to explore and develop natural gas reserves.”
The Iraqi minister pointed out, "The positive steps that have been taken to zero the process of burning Shula gas in Iraq, which helps the state in its efforts to reduce emissions, stressing that within 5 years Iraq will reach zero burning of this gas and full exploitation of it in generating electrical energy."
He pointed out, "Iraq was able to achieve the required percentages in accordance with international obligations in the Paris Agreement, and pointed to the success of the Basra Gas Project (NGL) in its two phases in stopping the burning of 400 million cubic feet of gas and thus achieving the required percentages in accordance with international obligations.
Abdul-Ghani pointed to the "integrated project that is underway Implementing it with the international company Total to increase natural gas production, as well as stopping the burning of associated gas in 5 oil fields and benefiting from it in addition to producing renewable energy.”
Oil Minister Hayan Abdul Ghani said on Tuesday that Iraq has plans to export gas to Europe, in light of the plan drawn up to achieve self-sufficiency in gas within five years.
Abdel Ghani stated, during his participation in the session of the strategic conference held within the activities of the Egypt International Energy Conference and Exhibition, that “a global bid was launched to explore and develop natural gas reserves.”
The Iraqi minister pointed out, "The positive steps that have been taken to zero the process of burning Shula gas in Iraq, which helps the state in its efforts to reduce emissions, stressing that within 5 years Iraq will reach zero burning of this gas and full exploitation of it in generating electrical energy."
He pointed out, "Iraq was able to achieve the required percentages in accordance with international obligations in the Paris Agreement, and pointed to the success of the Basra Gas Project (NGL) in its two phases in stopping the burning of 400 million cubic feet of gas and thus achieving the required percentages in accordance with international obligations.
Abdul-Ghani pointed to the "integrated project that is underway Implementing it with the international company Total to increase natural gas production, as well as stopping the burning of associated gas in 5 oil fields and benefiting from it in addition to producing renewable energy.”
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