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Iraq raises its production of associated gas to 16 thousand tons per day


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Release Date: 2018/2/2 10:50 • 415 times read
Iraq announces unprecedented achievement in gas production
(Baghdad: Al Furat News) The Minister of Oil announced the arrival of national production of liquid gas to 6125 thousand tons a day, "returned him" an unprecedented national achievement. "
A statement of the ministry received the agency {Euphrates News} a copy of it that the oil minister Jabbar al-Allaibi wrote in a cable to the Prime Minister Haider Abadi, said that "the keenness of workers in the oil sector and their dedication and continued night by day has contributed to reducing the planned completion time from A few months and achieve a significant increase in production has reached more than 40% This represents the addition of quality of national production paves the way for Iraq to enter the ranks of gas exporters. " 
He added that "this achievement would not have been achieved without the concerted efforts of all sincere, as well as the support of the government represented by the Prime Minister of the oil sector and his keenness to harness all available possibilities and follow-up to the achievements of the investment level of oil and gas wealth."
The oil minister announced last month the total shipments of gas exported to the last year 2017, where it amounted to 29 shipments of gas condensates and {51} shipment of liquid gas. 
In the last year, the quantities of condensate exported amounted to 677 thousand and 885 cubic meters, and the liquid gas reached 143,677 metric tons. These quantities were exported from the southern ports in Khor al-Zubayr through Basrah Gas Company. 
The Minister of Oil announced earlier this year to achieve an unprecedented increase in the investment of raw gas associated with the oil operations in the Basrah Gas project by up to 80% in early January, and the arrival of the investment capacity of this project to the rate of 900 million cubic meters {million cubic feet And a further increase in the investment of raw gas from the fields of the South Gas Company and the Missan Oil Company up to a rate of 230 cm.
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Losing 15 billion dollars annually by flaring off gas that could be sold to run power plants is insane, that would just about cover their annual budget each year.  Hard to believe with that many

He is no longer with us.............................................

Nice now do something else unprecedented.. Pass the HCL and share with the people of Iraq. 

 
BAGHDAD (Reuters) - 
US economic adviser Larry Mimot said on Sunday that 60 percent of the gas associated with oil was being burned in the air in Iraq, causing billions of dollars in losses. 
"Sixty per cent of the gas associated with oil is currently being burned in Iraq and it represents the billions of dollars that must be provided to the Iraqi people," US economic adviser Larry Mimot said at a roundtable at the US embassy.
"Orion, the US company that has contracted with the Oil Ministry, will effectively contribute to the elimination of part of this problem and the provision of free liquid gas to Iraq," he said. "The Orion project is interesting and is an effective model for US companies that will enter Iraq after the donor conference in Kuwait. "He said. 
He explained that "the Iraqi government will not pay any amount to the company and the production of gas and delivery will be free of charge to the Ministry of Oil," noting that "US economic relations with Iraq are relations to reform the economy and investment in Iraq."
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  • yota691 changed the title to Al-Allaibi announces "unprecedented" revenues from gas exports
 
Wednesday, February 7
 
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Alsumaria News / Baghdad 
Oil Minister Jabbar Ali al-Allaibi announced on Wednesday the rehabilitation of the oil field in the province of Salah al-Din and begin the operations of the production and production of gas associated with a record time and at the lowest costs, pointing out that the Ministry achieved in 2017 "unprecedented" Of liquid gas. 

Al-Allaibi said in a telegram addressed to the Prime Minister and received Alsumaria News a copy of them, "The technical and engineering teams of oil formations have been able to rehabilitate the field of oil Ajil in Salahaddin province and start the operations of investment and production of gas associated with oil operations and rates ranging between (50 - 70) million cubic feet Standard "by the day, noting that" these teams succeeded in completing the delivery of gas to the North Gas Complex in a record time and at the lowest costs. "

 

 


He explained that "this project adds a large amount of gas to national production, as well as the provision of good quantities of gas to power plants, which means to dispense with the use of other petroleum products in power generation, which cost the federal treasury amounts of hard currency," pointing To "continue to work for the rehabilitation and operation of the system of pumping stations of crude oil from the field mentioned in order to accelerate the resumption of production during the next few." 

He added Allaibi, "The technical and engineering teams of oil formations and the time and effort of the standard succeeded in the rehabilitation and operation of warehouses, reservoirs and gas liquefaction stations in Hammam Al-Aalil, Ninevehprovince, Which has been running four government plants to mobilize liquid gas and the opening and operation of 26 plants to mobilize liquid gas, which contributes to cover the need to maintain the fuel gas liquid rate of 40-43 thousand cylinders per day, which is higher than the rates of production before the events of Mosul, "noting that" This comes within the ministry's campaign to rehabilitate, reconstruct and build liberated areas. " 

He pointed out that" the Ministry achieved in 2017 unprecedented financial income amounted to 252 million dollars export (80) shipment to foreign markets, thanks to increased national production of liquid gas and export surplus to Foreign markets, "stressing that" this contributes to strengthening the majority National R and development through the addition of financial income as well as realized from oil revenues, stressing the quest to double revenue in the current financial year of gas export, thanks to the ambitious plans by the ministry service of the national economy. "

It is noteworthy that the security forces managed to control the oil field of Ajil in (5 March 2015), after the start of military operations ended with the liberation of each province of Salah al-Din from the control of the "Daash" organization. 

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Iraq 's economy announces record gas production

Iraq announces record gas production
 
 Twilight News    
 
 3 hours ago
 

 

The oil and gas companies in the province of Salah al-Din and the start of investment and production of gas associated with oil operations and rates ranging between (50-70) million cubic feet a day, where it succeeded, said Oil Minister Jabbar Ali al-Allaibi on Wednesday. This difference in completing gas deliveries to the North Gas Complex in record time and at the lowest cost.

 , It came in a telegram to Prime Minister Haider al-Abadi Council included a set of achievements Ministry.

The minister said in the cable that the project adds a large amount of gas to national production, as well as the provision of good quantities of gas to power plants, which means to dispense with the use of other petroleum products in power generation, which cost the federal treasury amounts of hard currency, while continuing Working for the rehabilitation and operation of the system of pumping stations of crude oil from the field mentioned in order to accelerate the resumption of production during the next few period.

He added that the technical and engineering teams of the oil formations and the time and effort of the standards succeeded in the rehabilitation and operation of warehouses and reservoirs and gas stations in the liquid bath in the province of Nineveh, where the operation of four government plants to mobilize liquid gas and the opening and operation of 26 plants to mobilize liquid gas, which contributes to cover the need The maintenance of liquid gas fuel at the rate of 40-43 thousand cylinders per day, which is higher than the rates of production before the events of Mosul. This comes within the Ministry's campaign for the rehabilitation, reconstruction and construction of liberated areas.

The minister pointed out that the ministry has achieved in the year 2017 unprecedented financial income amounted to 252 million dollars export of (80) shipment to foreign markets, thanks to the increase of national production of liquid gas and export surplus to foreign markets, which contributes to the strengthening of the national economy and development through In addition to revenues from oil, stressing the need to double the financial revenues in the

current year from the export of gas, thanks to the ambitious plans set by the ministry to serve the national economy.

http://www.shafaaq.com/ar/Ar_NewsReader/8c3db0d2-4fa5-4ac3-a87c-a44b7707d7a7

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  • yota691 changed the title to Government directions for the establishment of oil investment projects

Government directions for the establishment of oil investment projects

 

 


02/3/2018 12:00 am 

Iraq will reap billions from production plans

Baghdad / Farah Al-Khafaf 
An oil expert praised the government's intentions to invest the associated oil and gas through the implementation of strategic projects because of the great economic benefits that contribute to the transfer of Iraq from one country to another.

Reputable companies 
expert said Hussein Al - Marzouk "morning": " The government has started implementing a new plan is the production of oil and petrochemical derivatives, which will bring billions and Ataratkhalal the next term." 
He added that "Although this plan needs years to apply, but the initiation is a positive, especially as the government agreed in principle with international companies keen to implement." New Decisions The Ministry of Industry and Minerals has announced that the Economic Committee in the Council of Ministers has approved new resolutions supporting the Iraqi industry, including the announcement of petrochemical companies and phosphate fertilizers for investment, and the inclusion of Nebras Petrochemicals project within the  investment plan . He stressed Marzouq "the importance of cooperation and coordination with neighboring countries to implement new projects," noting that "

The implementation of projects 
Oil Minister Jabbar Ali al-Allaibi had announced that one of the priorities of the Ministry of the optimal investment of gas accompaniment and the implementation of liquidation projects and petrochemicals and the development of infrastructure for the distribution of oil derivatives. 
"We confirm our keenness to implement investment projects for the construction of refineries inside Iraq to increase the production capacity of oil derivatives, which covers and meets the actual need for domestic consumption. Moreover, the ministry has ambitions and directions for the establishment of refineries abroad in cooperation with 
specialized international companies  . 
Al-Allaibi pointed out that "the ministry and through the investment projects that have offered to compete with international companies aspiring to reach high rates of production of oil products up to 2 million barrels per day during the year  
2022." Provision of derivatives

In this regard, the expert confirmed that "the Ministry of Oil has succeeded in increasing oil production and achieve self-sufficiency in many products, but has exported many of them, especially gas, as well as the provision of petroleum products to citizens smoothly, and supported the fight against terrorism, Can be adopted to move towards a better economic future for Iraq based on the  government's strategic plans 
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  • yota691 changed the title to Iraq burns $ 2.5 billion a year
Release date: 2018/4/15 0:05 • 439 times read
Iraq burns $ 2.5 billion a year
[Ayna-Followup] 
World Bank reports reveal that Iraq is burning natural gas estimated at millions of dollars a year.
The World Bank said that Iraq hopes to end the burning of gas by 2021, costing his government about 2.5 billion dollars annually in the form of lost returns. " 
The Oil Ministry announced on Saturday that 14 international companies have shown interest in contracts for exploration for oil and gas is scheduled to be tender On April 25 related to the development of 11 exploratory areas located in areas along the border with Iran and Kuwait and in the waters of the Gulf in June 
But the date was submitted to April 15 and extended to April 25 to give companies "more time to study the offers for this round before the submission of bids on the date specified , "according to the ministry. 
the Ministry of Last month , oil measures to reduce the fees paid to oil companies in the contracts that will be covered by tender.
Companies such as Exxon Mobil, Eni, Total, Royal Dutch Shell and Lukoil helped Iraq expand its production over the past decade by more than 2.5 million barrels a day to about 4.7 million bpd. 
The new contracts, put forward by the Iraqi government, set a deadline for companies to stop burning gas in the oil fields they develop.
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  • yota691 changed the title to Basrah gas approves development of natural gas processing project
 
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The slogan of the Basrah Gas Company "Economy News"

  

 energy


Economy News Baghdad:

Basra Gas Company announced on Tuesday that it has agreed to develop the Basrah facility to treat natural gas, saying it is a constructive step to handle larger quantities of gas and increase its supply in the future .

The company said in a statement received by "Economy News", "The Basrah Gas Company is continuing to develop its strategic plans and collect more than 3 times the associated gas since the start of its establishment in 2013. "

"The company responsible for building the project will undertake the necessary activities to build the Basrah facility - to process natural gas, which includes the processing of gas units as required to build two units to produce a total of 400 centrifuges of gas (each unit will treat 200 rectangles )."

"We are continuing our efforts to rehabilitate Basra Gas Company's assets and facilities to collect and process 1 billion standard cubic meters of burning gas, " the statement said.

He noted that the construction of the new Basra natural gas facility "is a decisive step to reduce the amount of gas burned in Iraq and increase dry gas for electricity supply and export capabilities of liquid gas (cooking gas )."

"The new facility will consist of two units, expandable to five units, adding 400 cubic meters of gas, which is added to the production rate of Basrah Gas Company, " he said.

"The facility is expected to be operational by 2020, " he said.

"We are committed with our partners to develop the country's energy sector ."


Views 182   Date Added 24/04/2018

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  • yota691 changed the title to Oil announces direct operation of the gas field of Sayba 25 - 100 million cubic meters per day
 
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 energy


Economy News _ Baghdad

Oil Minister Jabbar Ali al-Allaibi opened Wednesday the central production plant for the gas field in Basra province and started the first commercial production of the plant with a capacity of 25 million standard cubic feet per day. 
Al-Luaibi said in a statement received by "Economy News" that "the ministry achieved a qualitative achievement in the gas sector and within the objectives planned for the optimal investment of the national gas invasions, noting that the production achieved is the first production to the production peak by the end of this year, Million standard cubic feet per day. "
He added that the project will add new quantities of gas to national production will contribute to the supply of power plants in good quantities of dry gas, as well as the production of liquid gas (1200) barrels / day, in addition to (19000) barrels / day of condensate, "This project is a real breakthrough for the investment of gas in the rest of the other fields, which we have developed ambitious plans to invest gas in cooperation with international companies, and to achieve the goals that make Iraq among the producing and exporting gas." 
"The field will depend on the self-operation of power plants, not on national electricity," he said. 
He pointed out that "
He pointed out that the Ministry of Oil has achieved during the last few years important steps and achievements aimed at accelerating the development of oil and gas fields and interest in the advancement of the liquidation sector, infrastructure and others, and in the gas investment sector accompanying we have come an important step in this context, where the gas investment reached 60% This wealth and we are working to invest the remaining quantities and stop burning completely during the next few years through the contract with international companies solid, including a contract to invest gas in the field of Nahran Omar and the holding of gas investment in the fields of Nasiriyah and Gharraf, The Maysan fields and thus will transform Iraq into a country source of this wealth has been wasted over the past decades.
For his part, the spokesman of the ministry Asim Jihad, that the field of Saybah was discovered in 1967 where the drilling of the first well (Seba 1) and discovered commercial stocks of gas condensate followed by the drilling of the well (Ceba 2) in 1972 and stopped the development and exploration 1993 where the well was drilled (Sibh 3) and was considered outside the installation, and stopped work in this field to 2011 where the contract was transferred to develop the field to Kuwait Energy, which won the contract development within the third round of licensing, where the process of rehabilitation and development of the field in many stages, including the removal of mines and ballistics and warp And clean it and clean it with national effort, and then followed it A three-dimensional seismic survey by the Oil Exploration Company is also a national effort. The amount of the Seiba field was estimated at 1.5 trillion cubic feet.
Jihad pointed out that the Seba field is the first gas field to start production from it. He explained that it is the first field containing natural gas in the ground cavity as a hydrocarbon gas installation. It is not an associated gas investment from an oil field. The field is one of the three most important gas fields in Iraq, Akkas in Anbar province and Mansouriya field in Diyala province.


Views 8   Date Added 25/04/2018

 
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  • yota691 changed the title to Iraq operates the first natural gas field in Basra
Release date: 2018/4/25 12:01 • 332 times read
Iraq operates the first natural gas field in Basra
(Baghdad: Al-Furat News) Oil Minister Jabbar Ali al-Allaibi opened the central production plant for the gas field in Basrah province and started the first commercial production of the plant with 25 million standard cubic feet per day, the first of its kind in Iraq.
"The ministry has achieved a qualitative achievement in the gas sector and within the objectives planned for the optimal investment of the national gas invading," a statement of the ministry received the Minister of Oil as saying that "the production achieved is the initial production up to the production of the peak end Which is estimated at 100 million standard cubic feet per day. 
He added that "the project will add new quantities of gas to national production will contribute to the supply of power plants in good quantities of dry gas, as well as the production of liquid gas in the amount of 1200 cubic meters per day, in addition to 19 thousand barrels per day of condensate," adding that "
"The field will depend on the self-operation of power stations and not on national electricity," al-Allaibi said. 
"The oil minister praised the efforts of the oil sector workers in cooperation with Kuwait Energy and the Turkish company Tabbo and others who have managed to realize the dream for many years and turn it into a reality. 
He pointed out that "the ministry has adopted in the development of oil and gas fields to oblige the contracting companies to train and qualify the workers and to provide the environment and the appropriate conditions, as well as to provide employment opportunities for the people of Basra, as well as the company to implement more than 28 projects of social services.
He explained, "The Ministry of Oil has achieved during the last few steps important steps and achievements aimed at accelerating the development of oil and gas fields and interest in the advancement of the liquidation sector and infrastructure and others, and in the gas investment sector accompanying we have come an important step in this context where the gas investment reached 60% Of this wealth and we are working to invest the remaining quantities and stop burning completely during the next few years through contracting with international companies solid, including a contract for the investment of gas in the field of Nahran Omar and the holding of gas investment in the fields of Nasiriyah and Gharraf, Gas fields in Maysan and thus Iraq will be transferred to the country of source of this wealth has been wasted over the past decades. "
"The Saybah field was discovered in 1967, where the first well was drilled," said Assem Jihad, a spokesman for the ministry. "Commercial deposits of condensed gas were discovered, followed by drilling of the Seba 2 wells in 1972, and development and exploration stopped until 1993, 3} and was considered outside the installation, and stopped work in this field to 2011 where the contract was transferred to develop the field to the company {Kuwait Energy}, which won the contract development within the third licensing round. 
He pointed out that the contract "included the process of rehabilitation and development of the field in many stages, including the removal of mines and ballistics and war mudslides and cleared and cleaned by the national effort, followed by direct three-dimensional seismic surveys by the Petroleum Exploration Company, a national effort also, 1.5 trillion cubic feet. "
"Jihad is the first gas field to start production," he said, adding that "the first field containing natural gas in the ground as a hydrocarbon gas installation, not the investment of gas associated with an oil field, where the field is one of the most important three fields Ghaziya in Iraq, along with Akkas field in Anbar province and Mansuriya field in Diyala province. "
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  • yota691 changed the title to Oil Minister announces the extinguishing of the latest burning wells in the field of Ajil
 
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Oil Minister Jabbar al-Allaibi

  

 energy


Economy News Baghdad:

Oil Minister Jabbar Ali al-Allaibi announced the extinguishing of well 42 in the field of Ajil oil, Salahaddin province, the last wells burning in the field .

The oil minister said in a press statement received by "Economy News", "The technical and engineering staff of the North Oil Company and its backers in the oil companies and civil defense has been able to extinguish well 42 and control it completely . "

Al-Luaibi added that "the national authorities proved their ability to deal with complex wells fires professionally and managed to extinguish the fire professionally, relying on the available facilities and available without the help of international companies, which saved the treasury of millions of hard currency."

The minister appreciated the efforts of all employees of the North Oil Company, the oil companies and the civil defense, stressing the ministry's keenness to accelerate the rehabilitation and development of Ajil field and to develop the necessary plans for it .


Views 540   Date Added 04/30/2018

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  • yota691 changed the title to Shell: We seek to increase gas in Iraq to 1.4 billion cubic feet per day by 2020
 
Tuesday 1 May

 

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(Reuters 
) - Royal Dutch Shell announced on Tuesday it was seeking to increase gas in Iraq to 1.4 billion cubic feet per day by 2020. 

"The company is fully committed to its joint gas project in Iraq," Reuters quoted a senior Royal Dutch Shell executive as saying. "Noting that it" plans to increase its gas production there to 1.4 billion cubic feet per day by 2020 ". 

Basrah Gas Company was established to invest the associated gas through the Ministry of Oil contract with Dutch Shell Company 44% and Mitsubishi Japan 5% worth $ 17 billion from three oil fields namely Rumaila, Zubair and West Qurna.

 


The project aims to collect gas from the fields in the south of the country, including the West Qurna-1 field operated by ExxonMobil, the Zubair field run by Eni of Italy and the Rumaila field developed by BP. 

"Gas production from the joint venture, the main fuel producer in southern Iraq, now stands at 938 million standard cubic feet per day with plans for further expansion," said Fritz Kallab, director general of Basra gas. 


"Since 2013 (when it started operating), we have increased the processing capacity more than three times," he said. 

Iraq plans to stop the burning of gas by 2021. The burning of gas causes the government to lose about $ 2.5 billion in revenue, while the amount of gas burned is sufficient to meet most of the needs of generating electricity using gas, the World Bank said.

Shell said it would focus its efforts on the development of the Basrah Gas Company after it handed over operations in the Majnoon field to the Iraqi government. Shell also sold its stake in West Qurna-1 to Japan's Itochu. 

"Shell will be in a stronger position to focus its efforts on the development of Basrah gas and perhaps the Nebras petrochemical project, of course," he said. 

Iraq's production of associated gas is expected to grow as the country increases its oil production capacity. Iraq plans to increase the country's production capacity of crude oil to 6.5 million barrels per day by 2022, from about five million barrels a day at the moment. 

Iraq, the second largest producer of the Organization of the Petroleum Exporting Countries (OPEC) after Saudi Arabia, produces about 4.4 million bpd below its capacity, in line with OPEC-led global production cuts to support crude prices.

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  • yota691 changed the title to Report: Kurdistan will issue 10 billion cubic meters of gas abroad by 2020

Report: Kurdistan will issue 10 billion cubic meters of gas abroad by 2020

 

 Since 2018-06-03 at 12:47 (Baghdad time)

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Baghdad Mawazine News

The Organization of the role of follow-up oil file in the region, that the Kurdistan region will be able by 2020 to export 10 billion cubic meters of natural gas abroad.

The organization said in a report entitled "Natural gas in the region, a new round of conflict between Arbil and Baghdad," continued / Mawazin News / "According to the information obtained, the provincial government will begin in 2020 to export natural gas from the fields of the region to Turkey, "Pointing out that" the estimates of the Ministry of Natural Resources in the provincial government confirms the capacity of the pipeline created by the region for the export of natural gas to secure 6% of the needs of natural gas in Europe, which is equivalent to 30 billion cubic meters.

"The KRG signed three contracts in the field of natural gas with the world's largest companies, which are the contracts signed with Dana Gas UAE and its shareholders, and the Turkish Energie and Rosneft Russian," adding that "each of these contracts have positive aspects And the other negative on the provincial government. "

"The year 2018 will be an important year for investment in the region's medical gas sector, because the region is setting its feet in a new phase in the production and investment of natural gas in accordance with international standards," said Raya Houri, director of the organization.

Hawrami said that "the contracts signed by the provincial government to invest in the natural gas sector in the province interspersed with an imbalance and impose conditions for large amounts on the regional government by the companies invested."

He pointed out that "the contract signed by the Turkish company JNL Energy with the Kurdistan Regional Government for the export of natural gas, imposes on the regional government to grant Turkey 20 billion cubic meters of natural gas, which he represents half of the Turkish needs of natural gas, which imports from Russia.

"The failure of the region's ambitions to export and sell natural gas a new round of conflict between the provincial government and the federal government, similar to the oil file, which is still controversial and a dispute between Arbil and Baghdad."

He pointed out that "the aspirations of the region and the opening of the doors of investment and the export of natural gas should be through coordination and cooperation with the federal government."

He added that "it is impossible for the region to continue in its plans to invest natural gas without the issuance of a law of the Federal Council of Representatives," adding that "the provincial government to work through its representatives in the House of Representatives to issue a law granting the powers required for the region to be able to benefit from his wealth And the activation of administrative decentralization in respect of the oil and gas file in Iraq, which gives the region the right of extraction and export.

He added that "the world is moving towards increasing investment in natural gas and the need to use medical gas in the production of electricity will reach in 2040 to about 40%," adding that "the region will be able by 2020 to export 10 billion cubic meters of natural gas Abroad "

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  • yota691 changed the title to Iraq declares "optimal" investment to burn billions of dollars

Iraq declares "optimal" investment to burn billions of dollars

Iraq declares "optimal" investment to burn billions of dollars

 

Shafak News / The Minister of Oil announced the proximity of direct investment operations "optimal" gas associated with the fields of Gharaf and Nasiriyah in the province of Dhi Qar. 
This came during the signing ceremony of the final gas investment associated with the fields with Baker Hughes / General Electric. 
Oil Minister Jabbar Ali Al-Luaibi said that the energy invested from the gas associated with the production operations of Al Gharaf and Nasiriyah fields will reach 200 million standard cubic feet per day. In addition, the project will provide 1,000 tons of liquid gas and 900 cubic meters of condensate. 
The minister added that the project will provide (500) job opportunity for the people of the province, as well as the implementation of the company to establish a residential complex for workers and provide services to the province.
Al-Luaibi said that the production of the gas will provide quantities of dry gas, which is equipped with power plants, as well as stop waste of gas resources and reduce environmental pollution, and this comes through the ministry's plan to stop the burning of gas within the strategy of work until 2022. Optimal investment of associated gas from the fields of Dhi Qar, Missan and some fields in Basra. 
The oil ministry had signed in April a contract initials with Bakerhoes / General Electric to invest gas associated with the fields of Gharraf and Nasiriyah oil in the province of Dhi Qar. 
The current volume of gas production in Iraq is about 2 billion cubic feet per day, and the amount of burning gas is about one billion and 700 million cubic feet, which cost the country losses of about $ 80 per second, or about seven million dollars a day. According to a study made in 2016 by oil experts.

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  • yota691 changed the title to Al - Allaibi for 'morning': No drop of gas «burn» in 2022

Al - Allaibi for 'morning': No drop of gas «burn» in 2022

   
 

 
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06/8/2018 12:00 am 

   We are moving according to a plan to raise oil production to more than 7 million and 500 thousand barrels per day 
   fields currently operating 72 oil fields out of 47 fields need to develop

   Recent events in Basra have not affected the production and export operations

Oil reserves are expected to rise to 230 billion barrels in the event of intensified exploration activity 

Baghdad / Abbas Abboud and Ahmad Abed Rabbo

Oil Minister Jabbar al-Luaibi predicted that the proven reserves of crude oil in Iraq would increase from 153 to 230 billion barrels if exploration activity expanded, while he confirmed that the gas burning would be completely halted in 2022. 
This came in an extensive interview conducted by "morning" The minister said that «the ministry provided more than 139 thousand jobs for the sons of Basra, while pointing out that in the coming days will enter part of the refinery Baiji to service, and the following is the text of the dialogue: 
 * Who paints oil policy in Iraq? 
In fact, there is no approved oil policy in Iraq, where the ministry was in the past in accordance with the five-year and twenty-year plans launched by the governments at the time, but after 2003 went to decisions and jurisprudence, and this trend is a serious mistake in the oil industry, for example, The ministry said that the production will reach 12 million barrels per day, but did not get this on the ground, this imbalance was not because of the ministry alone, but bear the Iraqi parliament part of it, because it did not approve the oil and gas law during the last sessions, which in turn draws and determines the oil policy and the future of the sector Throughout the country. 
We are working in the ministry to develop the features of oil policy through specific objectives, we seek to reach them, as we follow the plan to raise oil production to more than 7 million and 500 thousand barrels per day during the years 2023-2024, so we allocate 6 million barrels for export, Million for consumption 
the local. * How many oil fields and foreign companies operating in Iraq? The fields currently operating are 27 oil fields, out of 74 fields, which need to be developed, while the number of foreign companies operating in Iraq is 22 giant companies and more than 60 secondary companies, while the number of contracts with these companies 14 contracts, Contracts are two companies. The ministry deals with these companies wisely and in balance for the benefit of the oil sector in Iraq, but one of the problems in the contracts of those companies, which was signed in the past with the ministry did not include any work of rehabilitation and development of the areas operating by those companies, but our contracts included the provision of services, not to mention To create jobs for the regions in which they operate. [Asharq Al-Awsat] How do you evaluate Iraq's situation in the oil market?

The situation of Iraq in the world market is very good, and the price of oil is moving towards stability, and this is due to the historic agreement of the countries inside and outside the OPEC, which reduced the global production of oil, where Iraq was a leading and pivotal and important in this agreement, In order to proceed. 
We remain firm in our view that the policy of the Organization of the Petroleum Exporting Countries (OPEC) must move towards the stability of the world oil markets in order to avoid any deterioration that may be exposed to oil prices in the future. 
As for the recent events in Basra, did not affect the production and export operations where it was continuing, and still production swings by about 3 million and 520 thousand barrels per day, and the sale price of up to $ 69 per barrel, in contrast, the Ministry of Labor day and night to provide derivatives needed for the Ministry of Electricity Power stability.

[Asharq Al-Awsat] What is Iraq's oil and gas reserves and how much is its ranking among the countries of the world? 
The proven reserve for crude oil is 153 billion barrels, and the infiltration of Iraq among the OPEC countries comes in second and fourth place in the world, but if you ask me as an engineer in oil, I say that the reserves of Iraq much more than that, in the event of activating the exploration activity intensively, To 230 billion barrels, but because of the wars in the country, the exploration has been delayed much. 
The proven reserves are 135 billion cubic feet, and this is also the first, and if the expansion of exploration, it is 250 billion cubic feet, throughout the country. [Asharq Al-Awsat] Where did the ministry arrive at the gas investment stages and prevent the burning of the companion



Iraq was losing annually from $ 7 to $ 8 billion due to the burning of associated gas, so the ministry sought through its contracts to prevent it. After 2003, Iraq signed a contract with Shell to invest about 40% of the South gas, but they reached only 50 As we signed a month ago with a US company to invest Nasiriyah gas with a capacity of 200 million cubic feet. 
Our plans in the ministry are going to burn one drop at the end of 2022, by investing all the gas associated with oil extraction operations while completing the main gas infrastructure. 
As for the free gas investment, the ministry has two contracts, the first crutch and this is faltering because of the security conditions. The second contract is the Mansuriya field with a capacity of 300 million cubic meters per day. Some companies got it, but it did not start work. Then, This field is through the national effort with specialized national staff.


[Asharq Al-Awsat] How much is the capacity for liquidation in Iraq and why is the delay in the construction of refineries? 
The capacity of the filter in all refineries currently operating 670 thousand barrels per day, and this production is not enough to meet the needs of the country, which amounts to one million and 200 thousand barrels per day, where the shortage of imports, which is a big imbalance, especially as the amounts of import derivatives exceed two billion dollars annually , Since 2003 has not built a new refinery in Iraq, has signed agreements with companies to set up refineries, but most of them did not succeed.
For example, a contract was signed in 2015 to set up an investment refinery in Amarah with a capacity of 150,000 barrels per day. However, during this period the company did not start working despite our ongoing negotiations with the contractor, after which it was found that it was unable to do so. In 2014 in Karbala. The work was slow, but I tried to get some obstacles in the project in order to resume work and it actually happened, but this liquidator can not bear fruit in less than three years. 
In our future plans we ensure that the production of oil derivatives to 2 million barrels per day in 2024. * How many refineries currently operating? What about Baiji refinery?

Currently, more than 12 refineries operate throughout the country, and we in the ministry have opened wide doors on investment plans, in order to build refineries up to 1.5 million barrels per day throughout the country and we signed during the last days a contract for the construction of a refinery in Kirkuk with a capacity of 70 thousand barrels per day , And that the coming days will witness the signing of the contract of the Faw refinery with a capacity of 300 thousand barrels per day and this is for export, especially we are trying to turn Iraq from an importer to a source of oil derivatives.
As for the Baiji Refinery Complex, which had a production capacity of 350,000 barrels per day, it was completely destroyed by terrorist gangs, while a year ago we started to rehabilitate Saladin 2 refinery within the complex. It is expected to operate at the end of August, Thousand barrels per day and 100% Iraqi holdings, as we are preparing soon to start the rehabilitation of the refinery (Salah al-Din 1) card also reach 70 thousand barrels per day, and then qualify the rest of the refineries in Baiji and all this maintenance did not cost the country more than 500 million dollars, In a short period of rehabilitation of modern refineries, Chinese, Keyara, Kisk and Kirkuk which had been damaged By terrorists urging the Takfiris. [Asharq Al-Awsat] How did the ministry succeed in providing oil derivatives, especially in liberated areas?

The ministry works according to a plan to provide oil derivatives to all parts of Iraq, including the Kurdistan region in a stable manner to prevent queues in front of filling stations, especially winter times through the provision of white oil and other derivatives. 
As for the liberated areas, the ministry's tanks were entering these areas immediately after liberation to meet the needs of the people there, as well as other supplies. [Asharq Al-Awsat] Since you are the chairman of the ministerial committee to meet the demands of the demonstrators, what are the practical steps taken towards this?  A ministerial committee was appointed by the Prime Minister. We held intensive meetings with the Basra Provincial Council, the district directors, the elders and the tribal leaders, and we identified the imbalance in each service axis. We agreed on the recommendations and solutions of "medium, long and long term". 




But the implementation remains on the ministries and local government there, and suggested the formation of a special reconstruction and services committee in the province of Basra, headed by the Prime Minister, in order to take that committee bold decisions to improve the tragic situation in the province. 
The young people in Basra are now frustrated by the lack of job opportunities, accompanied by the absence of services with the invasion of sea water and agricultural areas, which requires serious steps by the authorities. 
I would like to point out the important point is that the Ministry of Oil alone has provided more than 139 thousand jobs for the sons of Basra and 22 thousand other opportunities for those coming from outside the province during the past years in the entire sector of oil industries.

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Date of release: 2018/8/6 13:58  58 times read
Oil: Burning associated gas will stop at the end of 2022
(Baghdad: Al-Furat News) The Ministry of Oil announced that the burning of gas associated with oil extraction operations will stop at the end of 2022.
Oil Minister Jabbar al-Allaibi said in a press statement: "Iraq was losing annually from 7 to 8 billion dollars, because of burning associated gas, so the ministry sought through its contracts to prevent it, and after 2003 Iraq signed a contract with Shell to invest about 40 percent of the South gas , But they only reached 50 percent of the contract. " 
"We also signed a contract with a US company to invest Nasiriyah gas with a capacity of 200 million cubic feet." 
"Our plans in the ministry are going to burn one drop by the end of 2022, by investing all the gas associated with the oil extraction operations with the completion of the main infrastructure of gas."
He said, "As for the free gas investment, the ministry has two crutches, and this is stalled because of the security conditions. The second contract is the Mansuriya field with a capacity of 300 million cubic meters per day. Some companies got it, but it did not start work. The center to develop this field through the national effort with specialized national staff. "
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  • yota691 changed the title to Oil: Our production of associated gas reached 2893 cubic meters per day in July
 
9924.jpg
The middle of an oil field

  

 energy


Economy News Baghdad

The Ministry of Oil announced on Saturday that its production of associated gas during the month of July amounted to 2893 cubic feet standard "vaulted" a day.

The ministry said in a statement read "Economy News", "The production of gas associated with the oil companies in the whole of Iraq for the month of July, the number of 2893 Muqmq per day," indicating that "the burned amounted to 1608 muffled a day."

The ministry added that "the production of the North and Central Oil Company of associated gas amounted to 405 cubic meters per day and burned of 144 cubic meters per day, while the production of gas associated with the oil of Basra and Dhi Qar and Maysan amounted to 2488 Muqmq day and burned 1464 Muqmq day.

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 address, and Iraq ranks 11th among the world's richest natural gas.


Views 6   Date Added 08/09/2018

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  • yota691 changed the title to Iraq raises its production of associated gas to 16 thousand tons per day

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