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Oil: Production of dry gas increased to 950 cubic meters

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Oil: Production of dry gas increased to 950 cubic meters

Post by claud39 on Mon Dec 31, 2018 6:24 am

http://economy-news.net/content.php?id=14924


Oil: Production of dry gas increased to 950 cubic meters




31/12/2018











Economy News Baghdad




The Oil Ministry announced on Monday, high dry gas production to 950 Mqmq in the month of December 2018 while confirming that it seeks to invest all of the associated oil fields , gas and stop burning gas to low levels. 

Said Oil Minister Thamer Ghadban in a statement seen by "Economy News", "two South gas and Basra and authorities Chock in Basra Oil Company and oil company Dhi Qar managed to achieve a remarkable increase in the optimal investment of the associated gas from the southern fields, access production exceeded 950 million standard cubic feet per day in December 2018. "

For his part, said in the South Gas Hayan Abdul Ghani, the company said that "the South Gas Company was able to achieve a significant increase in production rates by adding more than 100 Mqmq million standard cubic feet per day on production, which led to the lifting of energy processing feeder quantities of gas to Basra Gas Company plants To more than 950 million standard cubic feet per day. "

He said Abdul Ghani said, "the company's plan aims to reach Investment 1000 Mqmq million standard cubic feet per day during the first quarter of 2019," noting that "this increase and investment optimization of gas associated with oil operations were a number of southern fields, including gas treatment plant Ben Omar field and gas treatment plant in the field of Majnoon and the field of Nasiriyah in the province of Dhi Qar.

For his part, said spokesman Assem Jihad that "the increase in the quantities of dry gas invested will be employed to power plants, which contributes to reduce financial expenditures after the phasing out of the import of alternative fuel to operate these stations."

Jihad revealed that "the plans of the ministry aims to invest gas associated with all oil fields and stop the burning of gas to low levels during the next few years, especially in the provinces of Basra and Maysan and Dhi Qar through the conclusion of a number of important contracts with international companies Alrsina, which will add new energy Achieve the objectives of the Ministry to cover the local need, as well as exploration projects and development of free gas fields in areas of Iraq, especially in the Western region and Diyala and Basra.

According to preliminary estimates of the Ministry of Oil that Iraq has a reserve estimated at 132 trillion cubic feet of gas, as about 70% of Iraqi gas is a gas associated with the extraction of oil to be treated, and Iraq ranks 11th among the countries of the world rich in natural gas after Russia, Iran and Qatar Saudi Arabia, the United Arab Emirates, America, Nigeria, Venezuela and Algeria.


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