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Iraq plans to produce one billion cubic feet of raw gas
3/27/2016 0:00
[rtl] Basra - Saad al - Sammak
Ministry plans oil to reach the production ofnatural gas to one billion cubic feet by the end ofthis year in a move that contribute to increase the financial revenues for Dolh.aota this at a time when going to the second shipment of raw gas condensate export after the success of the marketing of the first shipment last week.
export surplus
Commissioner gas Company Basra Diamond Director Saimund Williams said in a statement to «morning»: the «of the company burnt gas investment objectives associated with the production of crude oil in Basra producing fields in order to satisfy local market needs of the subjects of dry gas as a fuel for plants produce electric and gas energy liquid (used for cooking), and export the surplus current time perspective and the future of the raw gas condensate through the Ministry of oil to compete in the power supply to the world market with the increase in additional financial revenues for the gas industry V.wachar Williams to the success of the Ministry of oil SOMO last week in the export offirst a shipment of surplus natural substance gasoline (natural gasoline) amounting to ten thousand tons for the market in the Gulf, while the SOMO is preparing to export thesecond shipment in the coming days to other markets. new financial returns Managing Director detect preparations list for the processing of export warehouses in the port ofKhor Al - Zubair textured liquid gas in preparation for export to world markets after skipping the production of 3000 tons per day of the barrier that vital material fordomestic use will add new financial returns were among the losses incurred by Iraq every day. However, Williams cautioned that the impact of lower crude oil prices in thecompany 's plans to develop surface treatment of raw gas associated with oil production in the oil licensing covered fields projects , namely: Zubair and Rumaila and West Qurna - 2 within the partnership agreement for investment with the Oil Ministry. Implementation of multiple projects also revealed for « Sabah »about to increase production in other fields ambitious plans, but stopped time now because of the financial situation of the ministry that has hampered the achievement of company objectives and postponed beyond 2018, but announced the implementation of other important projects.agent Managing Director gas Company Basra Ali Salman Majeed, pointed to plans to get into the production of one billion standard cubic feet by the end of the year from theZubair and Rumaila and West Qurna - 2, in addition to other fields, in cooperation with the South gas Company, after production was 350 record presented two years from thestart of the company 's gas investment operations Mahrouk.wachar glorious to the company before the pump 's total output of fuel dry gas (a by- product of crude gas condensate after treatment in separating liquids coefficient) to gas to produce electricity stations across the country, as well as provide the fertilizer and petrochemical plants inquantities covering the needs of that article , which enters as the raw material for theproduction of fertilizers and plastic materials and the fuel to run their equipment productivity. attain self - sufficiency agent Director also explained that the company 'sproduction of liquid gas material exceeds more than 3000 tons per day that can be a recipe to enter the country the stage of self - sufficiency in this vital material, which will pave the well to produce oil refineries, the northern oil Company under the Ministry of oil to export surplus consumption to markets Alaalmih.wachar to the capacity of the Ministry of oil timeshare current export two shipments of natural substance gasoline (natural gasoline) at a rate of 20,000 standard cubic meters per month, indicating that the price of approximately $ 350 per ton of global stock markets. Iraq is involved with producing countries crude international oil companies for oil in directing a growing interest in using natural gas, especially as the country is one of the countries that have confounded strategically significant from Algaz.okel managing director said «morning» that the impact of the financial crisis caused by the decline in world crude prices was negative in theplans the company , which was planning to get to invest two billion cubic feet of associated gas at the end of 2017 to increase the financial revenues of the country.[/rtl]
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