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


yota691
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Oil Minister Jabbar al-Allaibi

  

 energy


Economy News Baghdad

Oil Minister Jabbar al-Allaibi announced on Sunday the approval of the Council of Ministers to develop the gas field Mansouriya national effort.

Al-Luaibi said in a statement received by "Al-Iktissad News" that "the national staff of the Central Oil Company and in order to optimize the investment of gas started its procedures in the rehabilitation operations and the development of urgent plans for the development of the field and the formation of a body to operate the Mansuriya field linked to the company, To boost the national production of gas and invest in the best form. "

He added that "managing the field with the national effort will achieve a number of objectives, including the implementation of an accelerated plan to produce gas within 75-100 km / day as a first stage, as well as reducing the cost of management and development and shortening the production time to supply power stations in the region, In addition, the National Administration will provide employment opportunities for the employment of Iraqi manpower and will achieve the sustainable development of the country. "

Al-Allaibi said that "the ministry has developed an ambitious program to achieve the planned targets and reach the production rates estimated at (320) million standard cubic feet per day (quantified) and the production of condensates at the rate of (32) thousand / day and liquid gas at the rate of 500 tons per day, The development will take place in three phases. "

He explained that "the ministry through its formations began the work of receiving the field from the coalition of foreign companies, which had won in 2010 the contract within the fourth round of licenses, but did not succeed in the rehabilitation process," explaining that "the rehabilitation measures that will be carried out by the ministry will be in standard international contexts and will follow the plans and programs Modern investment of gas produced from the field to incorporate it into national production. "


Views 6   Date Added 16/09/2018

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  • yota691 changed the title to Iraq is preparing a plan to implement a petrochemical project and announce the country's reserves of gas exploration fields

Iraq is preparing a plan to implement a petrochemical project and announce the country's reserves of gas exploration fields

10:11 - 25/09/2018

 
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BAGHDAD - 
The Ministry of Oil announced on Tuesday the preparation of a plan to invest gas fields in the country, as disclosed the formation of a joint committee with the Ministry of Industry to implement the project (Nebras) of petrochemicals, pointing out that the country's reserves of gas fields so far exploding up to 132 trillion feet Standard cube. 
The deputy minister for gas affairs, Hamid Younis Saleh, told the newspaper "Sabah" official and informed / Mawazin News / it, that his ministry "had prepared a plan to invest gas fields in Akkaz areas of Anbar province, Mansuriya and Diyala province, and has been referred to investment , But the security conditions experienced by those two provinces stopped the process of investment and development. "
He added that "the security situation recently, led the ministry to prepare a plan with the companies that were selected previously to invest in them to carry out these operations during the next few years, and that the Ministry has fields under exploration and is a continuous work to increase exploration and reserves of gas," revealing that "The country's proven reserves so far are 132 trillion cubic feet." 
Saleh said that "the export of condensate gas and liquid gas, which is issued by the limit of 1000 tons per day, brings great returns to the country after it was importing liquid gas four years ago," noting that "dry gas in case of investment will be to the electricity sector, which is in dire need for him".
And the investment of gas associated with oil production operations in the northern fields, he explained that "the northern region and the meaning of the fields of Kirkuk, has not been added from the beginning of any new facilities and no fields added to them, so the quantities of gas produced with oil remains the same and the plants established, As opposed to the continuous development of oil fields in the Euphrates to the south and south, and also add new fields for oil production, and therefore increased quantities that require the addition of new facilities to invest gas associated with. 
The ministry's deputy minister for gas affairs announced the implementation of his ministry "a plan to revive the petrochemical projects through the initiation of the project (Nebras) of petrochemicals in coordination with the Ministry of Industry," noting that "the existence of a joint committee to proceed and which is a new and large project, and the ministry entered to invest and revive the petrochemical industry In the country "

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  • yota691 changed the title to Iraq begins production of gas from the field of Nasiriyah at a rate of 50 million feet

Iraq begins production of gas from the field of Nasiriyah at a rate of 50 million feet

Iraq begins production of gas from the field of Nasiriyah at a rate of 50 million feet
Iraq aims to invest 200 million standard cubic feet per day from the fields of Dhi Qar province
 29 September 2018 05:18 PM

Direct: The Iraqi Minister of Oil, the direct production and investment of gas associated with the field of Nasiriyah in the province of Dhi Qar and average 50 million cubic feet a day.

"This achievement represents the starting line to achieve the planned target of investing 200 million standard cubic feet per day from the fields of Dhi Qar province, which will be achieved in the next few years," Minister Jabbar Ali al-Allaibi said in a telegram to the Iraqi prime minister.

He added that the ministry is working to cooperate with international companies through new contracts to achieve the goal of investing gas associated with the fields of Nasiriyah and Gharraf in the province.

"The investment of gas associated with the fields of Dhi Qar is an important addition to the national production of gas in general and the production of the province of Dhi Qar in particular, as these projects are important in the supply of power plants and cement plants and petrochemicals, and other gas fuel, as well as Increase the national production of liquid gas, condensate, and sulfur.

He pointed out that the investment of Zay Qar gas fields contributes to the achievement of financial revenues and provide jobs for the people of the province, and also reduce these projects from environmental pollution, and turning the energy that burns to useful energy.

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  • yota691 changed the title to Iraq announces quantities of liquid gas exported during the third quarter of 2018

Iraq announces quantities of liquid gas exported during the third quarter of 2018

Iraq announces quantities of liquid gas exported during the third quarter of 2018
 



 Twilight News    
 2 hours ago

The Ministry of Oil announced on Sunday the quantities exported of liquid gas and condensate for the third quarter of the current year 2018, according to statistics issued by the Gas Company of Basra.

The spokesman for the ministry Assem Jihad said in a statement to Ashqaf News that the quantities exported from liquid gas amounted to (175,073) thousand metric tons were loaded through (47) export shipment, while the quantities exported condensate has reached (561,461) thousand cubic meters , Were exported through (25) shipment.

Jihad said that all quantities were exported through the platforms of the Gas Company of Basra in the port of Umm Qasr.

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  • yota691 changed the title to Iraq raises its oil production and sets a date to stop the burning of gas

Iraq raises its oil production and sets a date to stop the burning of gas

Iraq raises its oil production and sets a date to stop the burning of gas
 



 Twilight News    
 3 hours ago

Oil Minister Jabbar al-Allaibi said that Iraq is seeking to produce seven million barrels per day through the National Oil Company and export four million barrels per day in 2019.

Al-Allaibi said in an interview with Iraqi television that Iraq hopes to export one million barrels per day through the Jordanian port of Aqaba without specifying a date.

The Iraqi minister added that the burning of gas resulting from the oil extraction will stop by 2021.

He said Baiji refinery in the north of the country returned to production capacity of 70 thousand barrels per day.

Al-Luaibi issued a decision on Thursday to transfer the ownership of the nine state-owned oil companies, including the oil marketing company (Somo) to the National Oil Company, but decided to wait.

On the same day, Abdul Mahdi, who was charged with forming a new government after months of political stalemate following the May elections, called on officials in the outgoing government to refrain from signing urgent contracts or making unnecessary hiring or other important decisions.

The Iraqi government appointed last week Allaibi as head of the new company, which will act as an umbrella for state oil companies. Al-Luaibi currently holds the post of oil minister and head of the company.

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  • yota691 changed the title to Oil attributed late supply of gas to Kuwait for technical reasons
 
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 energy


Economy News _ Baghdad

The Ministry of Oil attributed the delay in the supply of gas to Kuwait to "technical" reasons, noting that Iraq's production of gas is about 5 thousand tons per day. 

"The delay in the supply of Iraqi gas to Kuwait for special technical reasons related to production," revealing that "some of the international companies operating in Iraq declined for technical reasons," said the director general of the Iraqi gas filling company of the ministry Ali Abdulkarim al-Moussawi told the newspaper "Al-Rai" Also".

He explained that "the companies produced in general are always facing some technical problems, which can be overcome in the future," stressing at the same time that "in general there are a lot of understandings with the Kuwaiti side."

"The production of his current country of about 5 thousand tons a day," expected to increase "this production with contracts with companies in the field of Gharraf and Halafiyah, in addition to the production of Badra and other sites to rise to 16 thousand tons a day."


Views 41   Date Added 28/10/2018

 
 
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Sunday, October 28,
 
 
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Alsumaria News / Baghdad 
Ezzat Oil Ministry, Sunday, delayed the supply of gas to Kuwait to "technical" reasons, noting that the production of Iraq gas is about 5 thousand tons per day. 

"The delay in the supply of Iraqi gas to Kuwait for special technical reasons related to production," he said, revealing that "some international companies operating in Iraq declined for technical reasons as well."

 


He explained that "the companies produced in general are always facing some technical problems, which can be overcome in the future," stressing at the same time that "in general there are a lot of understandings with the Kuwaiti side." 

"The production of his current country of about 5 thousand tons a day," expected to increase "this production with the contracts with companies in the field of Gharraf and Halafiyah, in addition to the production of Badra and other sites, up to 16 thousand tons per 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 be treated, and Iraq ranks 11th among the countries of the world rich in natural gas after Russia and Iran And Qatar Saudi Arabia, the United Arab Emirates, America, Nigeria, Venezuela and Algeria.

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Oil: Gas production of 5 thousand tons per day and technical reasons behind the delay in its supply to Kuwait

01:13 - 28/10/2018

 
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Baghdad - Mawazin News The 
Ministry of Oil attributed the delay in the supply of gas to Kuwait to "technical" reasons, indicating that Iraq's production of gas is about 5 thousand tons per day. 
"The delay in the supply of Iraqi gas to Kuwait for special technical reasons related to production," he said, revealing that "some international companies operating in Iraq declined for technical reasons as well." 
He explained that "the companies produced in general are always facing some technical problems, which can be overcome in the future," stressing at the same time that "in general there are a lot of understandings with the Kuwaiti side."
"The production of his current country of about 5 thousand tons per day," expected to increase "this production with the contracts with companies in the field of Gharaf and Halafiyah, in addition to the production of Badra and other sites to increase to 16 thousand tons per day."

 
 
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Iraq opens the door to investment in the gas sector

  

 energy

Economy News _ Baghdad

The Director-General of the Gas Filling Company of the Ministry of Oil Ali Abdul Karim al-Musawi, on Sunday, the opening of the door to investment for international companies in the gas sector, pointing out that Iraq has reached the stage of sufficiency and export.

"We have a lot of work related to the gas sector and gas services, including the extension of the networks of residential, commercial and industrial communities using LPG," he said in an interview with Al-Rai newspaper. Degree of sufficiency and export ".

"We need an appropriate investment environment in Iraq with legislation, especially as part of the investment is being disrupted by the concern of capital that needs guarantees and future insurance, all of which require legislation, sovereign guarantees and political stability," he said.

Al-Musawi said that "Iraq opens the door to investment for good international companies, and of course Kuwait, especially since it has a strong economic and scientific minds, which encourages us more to cooperate with them, and indeed I have met a number of investors and touched them of great interest to enter the Iraqi market, But they had problems that they wished to solve until they came back again. " 

Views 14   Date Added 10/28/201

http://economy-news.net/content.php?id=14142

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Iraq opens the door to investment in the gas sector

14:29 - 28/10/2018
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%D8%BA%D8%A7%D8%B2-%D8%A7%D9%84%D8%B9%D8

Information / Baghdad ..

The Director-General of the Gas Filling Company of the Ministry of Oil Ali Abdul Karim al-Musawi, on Sunday, the opening of the door to investment for international companies in the gas sector, pointing out that Iraq has reached the stage of sufficiency and export.

Al-Moussawi said in an interview with the Kuwaiti newspaper Al-Rai, "We have a lot of work related to the gas sector and gas services, including the connection of networks of residential, commercial and industrial communities using LPG, Sufficiency and export ".

"We need an appropriate investment environment in Iraq with legislation, especially as part of the investment is being disrupted by the concern of capital that needs guarantees and future insurance, all of which require legislation, sovereign guarantees and political stability," he said.

"Iraq opens the door to investment for good international companies, and of course Kuwait, especially because it has strong economic and scientific minds, which encourages us to cooperate more with them," Moussawi said. Indeed, I have met a number of investors and touched them with great interest in entering the Iraqi market, and some of them have previous projects, but there were problems that they wished to solve until they return again. Ending / 25

 

https://www.almaalomah.com/2018/10/28/358908/

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 energy


Economy News _ Baghdad

The Director-General of the Gas Filling Company of the Ministry of Oil Ali Abdul Karim al-Musawi, on Sunday, the opening of the door to investment for international companies in the gas sector, pointing out that Iraq has reached the stage of sufficiency and export.

"We have a lot of work related to the gas sector and gas services, including the extension of the networks of residential, commercial and industrial communities using LPG," he said in an interview with Al-Rai newspaper. Degree of sufficiency and export ".

"We need an appropriate investment environment in Iraq with legislation, especially as part of the investment is being disrupted by the concern of capital that needs guarantees and future insurance, all of which require legislation, sovereign guarantees and political stability," he said.

Al-Musawi said that "Iraq opens the door to investment for good international companies, and of course Kuwait, especially since it has a strong economic and scientific minds, which encourages us more to cooperate with them, and indeed I have met a number of investors and touched them of great interest to enter the Iraqi market, But they had problems that they wished to solve until they came back again. " 


Views 128   Date Added 10/28/2018

 
 
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  • 4 weeks later...
 
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 energy


Economy News Baghdad

The Basrah Gas Company announced on Wednesday that its daily production is 900 million cubic feet (cubic feet) from the fields of Zubayr, Rumaila and West Qurna, while it indicated that it is seeking to gradually increase its production capacity to exceed one thousand during the coming period .

" The Ministry and the management of the company are working on the strategy of developing the production and treatment of associated gas produced from the fields of Rumaila, Zubair and West Qurna,"Undersecretary of the Ministry of Oil for Gas Affairs, Hamid Younis Saleh, said during a ceremony organized by the company at its production site in Khor al-Zubair on the occasion of its fifth anniversary .

He added that "the current production of the company is 900 million standard cubic feet per day from the fields of Zubayr, Rumaila and West Qurna, while the current plans to increase the current production quantities gradually to 1050 mummified per day within the plan to reach to 2000 million standard cubic feet per day during the years Coming " .

The Basrah Gas Company handles oil associated with oil from the fields of Basra in partnership with the South Gas Company owned by the Ministry of Oil by 51 % , Shell and 44% and Mitsubishi Japan 5 %. .


Views 68   Date Added 21/11/2018

 
 
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  • yota691 changed the title to Oil: Basra Gas Company produces 1050 million cubic meters per day by the end of 2018
 
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 energy


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.


Views 37   Date Added 11/29/2018

 
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  • yota691 changed the title to Iraq seeks to achieve two billion cubic feet per day of gas

Iraq seeks to achieve two billion cubic feet per day of gas

Iraq seeks to achieve two billion cubic feet per day of gas
Gas treatments accompanying oil extraction
 29 November 2018 12:16 PM

 

Mubasher: The Iraqi Ministry of Oil seeks to achieve production rates of up to 2 billion standard cubic feet per day, through projects to be implemented to invest gas associated with Gas Company Basrah.

The Undersecretary of the Ministry of Gas Affairs, pointing out that it is from Rumaila, Zubair, West Qurna 1, 

Hamed Younis explained that the current investment rate of the company reaches 900 million cubic feet a day, and expected to reach 1.05 billion feet by the end of this year.

Yunus pointed to the ministry's keenness to develop the gas investment projects associated with the production of crude oil and access to the planned targets, and stop waste and burning gas in all fields produced.

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  • yota691 changed the title to Iraq plans to increase gas production associated with oil in the southern fields
 
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 energy


Economy News _ Baghdad

Undersecretary of the Ministry of Oil for Gas, Hamid Younis, on Friday, the ministry's keenness to develop gas investment projects associated with the production of crude oil and access to the planned targets and stop wasting and burning gas in all fields produced.

Yunus said during a field trip to a number of projects for the development of the gas industry in the provinces of Basra and Dhi Qar, according to a statement of the Ministry of Oil received by "Economy News", "Iraq has achieved during the past few years significant achievements in the production of liquid gas to meet the local need of consumption of Article And to go to the field of export of this article in addition to the export of condensate (natural gasoline) through the Basrah Gas Company, pointing out that this comes as part of the ministry's efforts to increase financial revenues in support of the federal budget, where the company achieved revenues of more than half a billion dollars.

The agent pointed out that "the ministry and through projects that are implemented for the investment of gas associated with the Gas Company in Basra is working to achieve the target production rates according to the strategic plans to reach the investment (2000) million cubic feet a day of the fields of Rumaila, Zubayr, West Qurna / 1 "He added that the company's investment rate currently stands at 900 million standard cubic feet per day and will reach 1050 million standard cubic feet per day by the end of 2018.

The agent visited during his field trip Nasiriyah accelerated project and Nasiriyah Al Gharraf to treat (200) cubic meters of gas associated with the day, which will feed the power plants with gas fuel, and also briefed on the field on projects implemented by the company and future projects for the development of the gas industry in the country, In the central Artawi complex in Basra to treat (300) Muqmq / day.

The agent also attended the celebration of the Gas Company of Basra on the occasion of the 5 years of its founding, which is a model in Iraq for the partnership between Iraq and international companies are solid represented by Shell and Mitsubishi.


Views 39   Date Added 30/11/2018

 
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  • yota691 changed the title to Iraq will soon start the largest project to develop gas fields
 
3684.jpg
Ghazi Field
  

 energy


Economy News Baghdad

The Deputy Prime Minister for Energy and Minister of Oil Thamer Ghadhban, Tuesday, that his ministry is accelerating the implementation of refineries Nasiriyah, FAO and Kirkuk, as revealed the proximity of the largest project to develop gas fields.

"A few days ago we had a meeting with them to discuss the problems they have encountered and now they are ready to return to work through arrangements between the two sides in order to overcome the problems that caused the suspension," Ghadban said in an interview with Al-Sabah newspaper. Work and at the same time achieve a safe environment for them to work in this remote desert region, and this field is very important and will provide Iraq with more than 300 million standard cubic feet per day of gas and will be operated by the Anbar gas station.

On the eastern side there is also a field corresponding to the Mansuriya field, and because of the security conditions in that area, the contractor, led by the Turkish oil company and with a coalition, was forced to leave the work and a decision was taken in the previous government's time to try to overcome the obstacles. In contrast, implementation can be carried out through the direct national effort with a capacity of 300 million standard cubic feet, thus providing the South and investment projects Free gas production capacity sufficient for domestic consumption and provide gas products of liquids and condensates and constitute an additional resource for the Iraqi state, and what is important in this also makes Iraq self-sufficient.

Al-Ghadhban said that two days ago, the Council of Ministers agreed on the recommendation of the Energy Ministerial Council, which he heads, to the Japanese loan (JICA) to set up a cracker in the Basra refinery and develop it by one billion dollars, and there are other contracts to be completed so that loans from JICA Basra to three billion and 600 million dollars on concessional terms and up to 3 years because it is complex and there is a turnout in many international companies because it will pass on the basis of a contract and funding existing loan.


Views 134   Date Added 25/12/2018

 
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2 hours ago, ChuckFinley said:

At what point do all of these projects and banking deals push the dinar over the top to get some value?

Right. But as long as dinar is locked in in with the dollar, this is it. The government will continue to get rich and the people will remain poor. Same with the auctions ect, ect, ect. 

Edited by jg1
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On 9/16/2018 at 6:34 AM, ChuckFinley said:

Followed closely by the HCL. Lets get this thing going. 

From your lips to their ears!!! I do believe that things are moving along very well, just not as rapidly as I (we) want it. 

Merry Christmas Chuck and everyone on Dinar Vets. 

 

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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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