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Oil Minister: Contracts to increase gas production and investment in 9 governorates
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Baghdad Today - Baghdad
Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani announced today, Thursday, August 8, 2024, the organization of contracts to increase oil production and gas investment in 9 governorates, noting that "gas compressors will be operated in the fields east of Baghdad after 15 years of importing them."
Abdul Ghani told the official agency, followed by "Baghdad Today", that "through promoting the fifth and sixth supplementary licensing rounds, the Ministry of Oil was able to refer more than 12 oil fields and oil and gas exploration areas to specialized companies, and through these contracts that were distributed to many governorates such as Dhi Qar, Basra, Muthanna, Karbala, Najaf, and Baghdad, in addition to the governorates of Wasit, Maysan, and Diyala."
He added, "There are contracts that we are currently organizing and signing with the companies that have been referred to. The goal of these contracts is to increase oil production, gas investment, and increase gas production from these oil patches and fields distributed in the governorates that were mentioned."
Abdul Ghani continued, "The gas in the fields east of Baghdad was being burned in the stations, and the Ministry of Oil and the Central Oil Company sought to invest some of the equipment available to them, and the issue concerns gas compressors, and these compressors were imported more than 15 years ago and many companies were unable to operate them, but the Central Oil Company cadres were able, through their expertise and capabilities, to rehabilitate these compressors, install them and operate them."
He pointed out that he "attended the inauguration of these compressors, extinguishing the gas burning in the burners, directing the gas to these compressors and pumping it towards the pipeline network to the power stations, especially a production station with a capacity of more than 15 to 20 cubic meters of gas per day, and now it is being pumped to the power stations and operated to generate electrical energy."
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