Abadi oil calls for completion of economically viable projects
Baghdad / Ibrahim Ibrahim
The Iranian oil minister Bijan Namdar Zangana announced on Thursday (June 2, 2016), suspension of Iranian gas export contracts to Iraq, while attributing the reasons to "the existence of problems in the Iraqi system."
this came during a chair - Abadi, a meeting of agents and general managers at the oil ministry to discuss "detailed plans for the work of the ministry 's future and raise the profile of the oil sector of the country and the completion of projects that contribute to its evolution and strategies, "according to a statement information Office of the Prime Minister, received (range) a copy of it. it
was stressed during the meeting, the" walk the projects are economically feasible , that contribute to theperpetuation and increase production and to overcome obstacles all to complete. "
the outcome of the meeting, for" taking a series of decisions and directives that contribute to increased natural gas production and the advancement of these projects, especially Basra gas. "
the meeting discussed," a number of topics on the agenda relating to export and cooperation with the Ministry of Electricity and pipelines and take appropriate action. " It is
noteworthy that Iraq is wasting more than ten million dollars a day because of the associated production of oil and natural gas investment, since oil was discovered early last century. in
turn oil expert Ali Jassim punitive said in an interview for the " long ", that" Iraq is long overdue the advantage of the natural gas wealth , which is one of the most important types of energy that compete with oil for nearly two decades. "
He added that" licensing rounds concluded by the previous government with foreign investment oil companies decades has helped in the development of gas production operations , even in a limited fashion . "
He continued " the development of national energy resources operations should be subject to the priorities of the government without relying on gas production associated with only the Iraqi map containing large amounts of gas reserves estimated at billions of cubic meters in the ground."
He explained punitive " the successive governments did not make plans strategy to invest in natural gas which is estimated quantities burned in the atmosphere at about 12 billion cubic meters a year from the Basra oil fields only. "
He stressed oil expert on" the need to accelerate the gas investment associated and not thrown away with anestimated ratio of the volumes of gas that burned every day by 50% of the extracted leading to the loss ofbillions annually of dollars. "
and that" Iraq needs an integrated system for the extraction and purification of gas in a scientific manner include large tanks for the storage of the product gas transmission lines, is the infrastructure facilities are very expensive, so must the federal government to bid for investment by foreign companies specialized. "
in race online Namdar Zangana said in an interview with Sputnik (Sputnik site) news on the sidelines of theOrganization of Petroleum exporting countries meeting (OPEC) in Vienna, and I followed ( the long - Presse), said that "gas contracts with Iraq have been suspended because of problems in the Iraqi system . "
Zangana added that" We have two contracts to export gas to Iraq and we are ready to export gas to Baghdad , "adding at the same time," but they do have some problems with the system. " it is
noteworthy that the planning director of the national gas company of Iran , Mohammad Reza Qudsi Zadeh stressed during the month of May 2016 that gas export to Iraq is one of the top priorities of Iran. it is
noteworthy that Iraq and Iran have signed, in August 2013, the standing six - year agreement provides for the import of Iraq 's seven million cubic meters of Iranian gas per day, this figure rises gradually until it reaches 25 million cubic meters after two years, so take advantage of it to feed two power plants in Baghdad and three in Diyala, with a line length of 270 km, extending from fields (Pars) south of Iran to reach Iraq.
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