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BGC to Increase Gas Output by 16% by end-Dec

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BGC to Increase Gas Output by 16% by end-Dec

Post  claud39 on Fri Nov 30, 2018 8:34 am

http://www.iraq-businessnews.com/2018/11/30/bgc-to-increase-gas-output-by-16-by-end-dec/


BGC to Increase Gas Output by 16% by end-Dec







30th November 2018 in Iraq Oil & Gas News

By John Lee.
The Basra Gas Company (BGC) is expected to increase production from its current level of 900 million cubic feet per day (mcf/d) to 1,050 mcf/d by the end of this year.
A statement from the Ministry of Oil on Thursday added that the project aims to reach a target of 2,000 mcf/d from the fields of RumailaZubair and West Qurna 1.
Shell has a 44-percent stake in the $17-billion, 25-year BGC project, with Iraq having 51 percent, and Japan’s Mitsubishi 5 percent.
(Source: Ministry of Oil)
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