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Oil: Basra Gas Company produces 1050 million cubic meters per day by the end of 2018

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Oil: Basra Gas Company produces 1050 million cubic meters per day by the end of 2018

Post by claud39 on Thu Nov 29, 2018 8:59 am


Oil: Basra Gas Company produces 1050 million cubic meters per day by the end of 2018


Economy News _ Baghdad

The Ministry of Oil said on Thursday that the production of Basrah Gas Company is expected to reach 1050 million standard cubic feet per day by the end of 2018, up 150 million cubic feet per day from the current level. 
Iraqi gas development plans have long focused on Basra Gas Company, a $ 17 billion joint venture between Royal Dutch Shell, the state-run South Gas Company and Mitsubishi. 
A statement by the Ministry of Oil, said that the Basrah gas project seeks to reach a target level for gas capture and treatment at 2 billion cubic feet per day. 
The project is designed to collect gas from fields in the south, such as West Qurna 1, run by ExxonMobil and Zubair, run by Italy's Eni and Rumaila.

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