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

[yota691]

Oil: Our production of associated gas reached 3009 cubic meters per day in November

 

energy Economy News _ Baghdad The Ministry of Oil announced on Thursday that the production of associated gas during the month of November was 3009 cubic feet standard "Muqmq" a day. The ministry said in its statistics published on its official website and viewed by "Economy News" a copy of it, "The production of gas associated with the oil companies in the whole of Iraq for the month of November last amounted to 3009 Muqmq day," indicating that "the burner amounted to 1885 muffled a day." The ministry added that "the production of the North Oil Company and the center of the associated gas amounted to 401 mukamq a day and burned of 109 cubic meters per day, while the production of gas associated with the oil of Basra and Dhi Qar and Maysan amounted to 2608 Muqmq day and burned 1676 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 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. Views 9   Date Added 12/27/2018

[yota691]

Oil announces higher production of dry gas to 950 cubic meters

 

Monday, December 31

 

 

Alsumaria News / Baghdad  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.  The Minister of Oil Thamer Ghadhban said in a statement received by Alsumaria News, a copy of it, "The two companies of the South Gas and Basra gas and its backers in the Basra Oil Company and the oil company of Dhi Qar was able to achieve a significant increase in the optimal investment of gas associated with the southern fields, 950 million standard cubic feet per day in December 2018. "     For his part, said the South Gas Company, Hayyan Abdul Ghani said that "the South Gas Company was able to achieve a significant increase in production rates by adding more than 100 million cubic feet per day standard on production, which led to the raising of the capacity of processing quantities of gas feeder to the laboratories of the Gas Company Basrah To more than 950 million standard cubic feet per day. "  Abdul Ghani added that "the company's plan aims to reach an investment of 1000 million cubic feet a standard day during the first quarter of 2019," adding that "this increase and the optimal investment of gas associated with the oil operations were from a number of southern fields, including gas processing plant in 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 JihadThat "the increase in 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 for the operation of 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.

[yota691]

High production of liquid gas in southern Iraq for 4,814 thousand tons per day

12:12 - 03/01/2019

 

 

 

Baghdad - Mawazin News 
The Ministry of Oil announced the increase in the production of liquid gas to the Basrah Gas Company to 4,814 thousand tons per day. 
"The production of liquid gas for the Basrah Gas Company in the south of the country has risen to unprecedented levels, where it exceeded the rate of (4,814) thousand tons per day," ministry spokesman Assem Jihad said in a statement received by Mawazine News. 
Jihad stressed that "this is an important step to strengthen the national production of liquid gas fuel to self-sufficiency on the one hand, and to strengthen foreign exports on the other, and to achieve the highest financial return." 
He added that "the Deputy Prime Minister for Energy and Minister of Oil Thamer Abbas Ghadhban has valued the efforts of workers in the Gas Company of Basra," and called them to "

[jg1]

Im pretty sure most of all this gas used to get burned off and not used. Didnt hear any crying from the liberal democrats. Guess its just the US that cant burn Fossil fuels. 

[yota691]

Iraq exported more than 735,2 thousand cubic meters of «gas condensates» during 2018

 

Iraqi gas field

energy Economy News Baghdad The Ministry of Oil announced Monday, the total quantities and shipments of liquid gas and «condensate» for the last year 2018. The spokesman for the Ministry of Oil Assem Jihad, in a statement received by "Economy News", that «the total quantities exported from the" condensate "gas amounted to (735,230) thousand cubic meters through the export (32) shipment, the total quantities and shipments of liquid gas "Cooking gas" amounted to (204,438) thousand tons through the export (53) shipment, according to the final statistics issued by the Gas Company of Basra ». Jihad added that «the export of liquid gas and" condensate "to the world markets is through the supplies of the Basrah Gas Company in Khor al-Zubayr, Basra province in southern Iraq», stressing that «the ministry aims to enhance financial revenues by exporting surplus quantities from the need of Iraq». Views 1   Date Added 07/01/2019

[yota691]

Oil: Our production of associated gas reached 3159 cubic meters per day in December

 

energy Economy News _ Baghdad The Ministry of Oil announced on Tuesday that the production of associated gas during the month of December reached 3159 cubic meters million standard cubic feet per day. The ministry said in its statistics published on its official website and viewed by "Economy News" a copy of it, "The production of gas associated with the oil companies in the whole of Iraq for the month of December last amounted to 3159 muffled a day," indicating that "the burner amounted to 1715 muffled a day." The ministry added that "the production of the North Oil Company and the center of the associated gas amounted to 418 muffled a day and burned it was 96 cubic meters per day, while the production of gas associated with the oil of Basra and Dhi Qar and Maysan amounted to 2,741 cubic meters per day and burned 1619 mukhum per day. The statistics showed that the Ministry of Oil was able to reduce the gas from the associated gas during the past month by 170 compared to the previous month. 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. Views 63   Date Added 29/01/2019

[yota691]

Ghadhban: Investment rates for associated gas amounted to 60%

 

energy Economy News _ Baghdad Minister of Oil Thamir al-Ghadhban said on Tuesday that the investment rates for associated gas amounted to 60%, indicating that the national production of gas will provide the country's needs of electric power and stop the importation of foreign gas. Al-Ghadhban said during his visit to the South Gas Company and the Basrah Gas Company, according to a statement of the Ministry of Oil received "Economy News" a copy of it, "The priorities of the current ministry to increase the optimal investment rates of gas associated with oil operations and to secure the country's needs of dry gas in the generation of electric power and the manufacture of petrochemicals and fertilizers And others. " He added that "the rates of investment gas associated with the production processes close to 60% after the implementation of a number of large projects to invest gas associated with the national effort, which is the basis of production processes," stressing the need to "build and add new facilities to invest gas and expand the area and work processes And production in cooperation with international companies, to eliminate the elimination of gas burnings to the minimum and converted to useful energy contribute to the provision of energy necessary and meet the needs of the main citizens. "Enhancing national gas production will ensure the country's electricity needs and stop foreign imports of gas," he said. "This increase will also be used to stimulate the production of other industries, such as the petrochemical industry." Views 14   Date Added 12/02/2019

[yota691]

Gas and development requirements

Tuesday 19 February 2019 49

 

 

Walid Khaled Al-Zaidi 

 

Iraq has a privileged location near the continent of Europe thirst for large quantities of gas from sources outside the continent, which puts before the oil sector in Iraq a number of tasks that would invest this site in line with the size of wealth owned by this sector and the complexity of sources of interest to add space One of the foundations of the country's economic support.

It should be noted that the development of the energy sector in Iraq requires investment in order to increase exports to include gas, besides oil. Therefore, the process of developing this sector should reach new levels as an essential engine to increase financial revenues and to support the economic growth that will affect the rest of the sectors Productivity and service in the country.

It is useful to mention the Center for Arab and International Studies has pointed to the need to benefit from foreign expertise to develop the oil industry in Iraq in all joints, especially production.

The process of benefiting from gas production and export work from an initial point of view requires complementary measures in this way. The most important of these is the adoption of an effective national strategy to develop the appropriate investment environment by developing the foundations of the contribution of the national private sector to be an active player in supporting this vital sector, In accordance with the criteria and pillars of investment targeted and effective, which takes the broad range in promoting economic growth. 

 It is necessary to plan for the creation of a large and diversified network for the transportation of gas produced from the oil fields to be exported abroad and to diversify its methods, in accordance with the size of the desired benefit from it and its implications on the overall development processes in Iraq, which reduces the dependence of the country on us. 

The importance of strengthening the economic relations with countries that need natural gas produced from the extraction of oil raw materials, especially the countries of the European continent, as well as Turkey, Kuwait and other neighboring countries expressed their desire to obtain Iraqi gas for easy delivery to these countries.

It is important to focus on the process of building special plants to treat and isolate gas near its fields, especially the field of crutches in Anbar province, and this also comes through the contract with international companies specialized to be the contribution of Iraqi engineering cadres will have a major role in this area in the future.

[yota691]

Iraq agrees to deal on giant gas field

Date of release: 2019/4/24 13:55 • 228 times read

(Reuters) - Iraq has agreed to a deal with the Chinese Petroleum Engineering and Construction Company to set up a project to process natural gas produced alongside oil in the giant Helfaya field, two oil officials said on Wednesday.

Halfaia, managed by PetroChina, is the largest field of Maysan Oil Company, producing 370 thousand barrels per day of the company's total production of 510 thousand barrels per day.

[yota691]

Deputy reveals the value of Iraq's losses from burning gas annually

 

Thursday, April 25,

 

 

Alsumaria News / Baghdad Revealed the MP for the Sawson Sadiq al-Sulaiti, Thursday, the loss of Iraq five billion dollars annually due to the burning of gas, pointing to his intention to ask a parliamentary question to the Ministry of Oil related to plans to develop the gas sector.  Al-Sulaiti said in a statement received by Alsumaria News that he intends to "raise an important parliamentary question to the ministry and related to the waste of public funds and national wealth," noting that "the ministry is currently burning five billion dollars a year of gas and sowing about two billion dollars of liquid fuel because of Gas scarcity ".     He explained Sulaiti, that " the question relates to the plans of the ministry to develop the gas and what are the time ceilings to accomplish and why we have not seen any significant progress for the gas sector after a decade on the launch licensing rounds, and why there has been no qualitative achievement of accompanying the first round of licensing of gas company gas Basra , And what is the fate of gas accompanying the second round of licenses, and what is the fate of the Mansuriya field? "  Al-Sulaiti asked about the fate of the crutch solution after the exit of the Korean company Kokaz. Why did not alternative companies be invited to develop it? Why has not the fifth licensing round been signed for the gas projects? Why did not the Ministry of Oil initiate free gas exploration in Iraq to raise the level of reserves and production? He added that "among the questions when the Ministry of Oil stop burning gas, which is worth billions of dollars and we continue to import gas and electric power stations in high amounts burdens the state treasury and reduce the production of the existence of operation of power plants because of the reliance on fuel alternative to gas more expensive and less productive, The Ministry of Oil to provide time limits for the completion of the above plans and figures, dates and percentages with the commitment to implement and follow-up.  It is worth mentioning that the former oil minister Jabbar al-Luaibi announced, Thursday (20 July 2017), that Iraq will stop completely burning gas associated with the oil extraction operations before the end of 2019, stressing that the investment of gas will feed the Iraqi economy billions of dollars.

[haymon]

Always seemed stupid to me, (what do I know) why burn off the natural gas. Bottle it and sell it. Help me understand..

[yota691]

Deputy: $ 5 billion worth of gas burned annually in Iraq and I will ask a question to the Ministry of Oil

Economy | 10:37 - 25/04/2019

 

 

 

BAGHDAD - Mawazine News 
Revealed a member of the House of Representatives, Sadiq al-Sulaiti, on Thursday, that the Ministry of Oil burns 5 billion dollars of gas annually. 
"The ministry is currently burning five billion dollars a year of gas and sowing about two billion dollars of liquid fuel because of Gas scarcity ". 
He added that "the question is related to the plans of the ministry to develop gas and what are the time limits for achievement and why we have not seen any significant progress of the gas sector after a decade of licensing licenses, and why did not achieve any qualitative achievement of gas associated with the first round of licenses, What is the fate of the gas associated with the second licensing round, and what is the fate of the Mansuriya field? "
Al-Sulaiti asked about the fate of the crutch solution after the exit of the Korean company Kokaz and why did not bring alternative companies to develop it Why is not so far the signing of the licensing rounds of the fifth and gas projects Why did not start the Ministry of Oil in the work of free gas exploration in Iraq to raise the level of reserves and production? . 
Al-Sulaiti pointed out that "among the questions when the Ministry of Oil stop burning gas, which is worth billions of dollars and we still import gas and electric power stations in high amounts that exhaust the state treasury and reduce the production of the existence of the operation of power plants because of the dependence of fuel alternative to gas more expensive and less production, And therefore the Ministry of Oil to provide time limits for the completion of the above plans and figures and dates and percentages with the commitment to implement and follow-up. "Ended 29 / a 43

[ChuckFinley]

Hard to understand that Iraq has a ton of wealth and their currency is worth nothing. 

[10 YEARS LATER]

There’s no loss when it comes to “ Hot Air “ however. 

[yota691]

Deputy: Ministry of Oil is burning and sowing $ 7 billion of gas annually

Release date: 2019/4/25 10:36 • 780 times read

[Baghdad: Al Furat News} A deputy for the reform bloc, the Ministry of Oil is burning and sowing the value of $ 7 billion of gas annually.

Sadiq al-Sulaiti said in a statement received by the agency {Euphrates News} a copy of it that "intends to address an important parliamentary question to the ministry and attached to the waste of public funds and national wealth." 
"The ministry is currently burning five billion dollars a year of gas and sowing about two billion dollars of liquid fuel because of the gas shortage." 
Al-Sulaiti said that "the question relates to the plans of the Ministry to develop gas and what are the time limits for achievement and why we have not seen any significant progress of the gas sector after a decade of licensing licenses, and why did not achieve any qualitative achievement of gas associated with the first round of licenses, , And what is the fate of gas associated with the second round of licenses, and what is the fate of the Mansuriya field? ".
He said he wondered about the fate of the crutch solution after the exit of the Korean company Kokaz and why did not bring alternative companies to develop it? Why has not the fifth rounds of licenses for gas projects been signed? Why did not the Ministry of Oil start the work of free gas exploration in Iraq to raise the level of reserves and production ? " 
"The question is when the Ministry of Oil stops burning gas, which is worth billions of dollars, and we still import gas and electric power stations in high amounts that exhaust the state treasury and reduce the production of the existence of operation of power plants because of the reliance on alternative fuel for gas is more expensive and less productive, The Ministry of Oil to provide time limits for the completion of the above plans and figures, dates and proportions with the commitment to implement and follow-up. "

[Hotcurl]

6 hours ago, yota691 said:

"The question is when the Ministry of Oil stops burning gas, which is worth billions of dollars, and we still import gas and electric power stations in high amounts that exhaust the state treasury and reduce the production of the existence of operation of power plants because of the reliance on alternative fuel for gas is more expensive and less productive, The Ministry of Oil to provide time limits for the completion of the above plans and figures, dates and proportions with the commitment to implement and follow-up. "

 

I'm not sure who this guy is, but he just maybe, maybe he is on to something here  ? ............

 

I can hear it now, in the distance ;

"Gee, I don't really know but it sure sounds like, maybe this could work" ...... "maybe we should form a committee to talk about it for the next year or so and then maybe we should let it burn off for a while longer and keep buying electrical power from the Insanians"  ??...............

 

Semper Fi

Show me 'da

[6ly410]

A political move to "crunch gas" in Al-Anbar in the Gulf crisis

http://alahadnews.net/index.php/permalink/155480.html

 

 

Al-Ahed News - Baghdad

The Iraqi Oil Ministry,   a company   Korea's Kokaz to resume its work on a gas investment project in a crutch field   In the district of Qaim west of Anbar province, while the security forces completed the procedures related   Providing the appropriate atmosphere   To start work.

The Council of Anbar province confirmed that: "The security forces from the operations of the island and the police and oil police forces began to secure the project of the field of Akkaz gas and security,   For the return of the Korean company "and given the possession of the field of storage of   More than five   Trillion cubic meters,    Country companies   Saudi Arabia and the United Arab Emirates   The desire to implement investment projects to produce crutches, and in response to that desire, local sources in Anbar said that political figures   Representing the province in the House of Representatives: "adopted a move to persuade the government   To grant Gulf companies investment contracts in the field of crutches.            

With the commitment of the Ministry of Oil   In the deal with the Korean company, the Anbar figures are moving    In line with the pace of the Gulf conflict that has been going on for years. The State of Qatar, as the first source of gas in the region, fears increasing the production of the field of crutch, while seeking   Saudi Arabia and the United Arab Emirates to tighten their siege on Doha through its pursuit   To obtain investment contracts for the production of Anbar gas and use a pressure paper on Doha.

  While   Based on its ministerial platform, the current government expressed its readiness to open up to Arab and foreign companies,   And the granting of investment contracts to achieve economic growth in the next phase, and the reconstruction of cities liberated from the control of the organization calling the terrorist, economists called for the removal of political influences and pressures   And regional conflicts on the file of investment contracts.

In this context, said the academic and economic expert   Ibrahim Majid for "The Covenant News", "The Ministry of Oil is the body   Only concerned   For investment contracts, based on a plan adopted by the Ministry   Years ago to increase oil and gas production, "explaining that" the intervention of political parties in this file will hamper the implementation of the future plans of the Ministry, and reveals the desire of some politicians in the service of   Regional countries   At the expense of national interests ".

  Majid pointed out that Iraq: "has the expertise and technical capabilities can be harnessed in the future   In the investment field of crutches and the abandonment of foreign companies. "

It dates back   The discovery of a field of crutches to the early eighties of the last century and is located southwest of the district on the Euphrates River, near the Syrian border, and the length of 50 kilometers and width   Eighteen kilometers    It boasts    Aabara oil

Edited May 7, 2019 by 6ly410

[yota691]

Iraq signs $ 1.07 billion deal with Chinese gas processing company

 

energy Economy News _ Baghdad Iraq has signed a final agreement worth 1.07 billion dollars with the Chinese Company for Engineering and Construction Petroleum to build and operate facilities to process natural gas extracted with crude oil in the field of giant Helfay. The oil ministry said in a statement read by "Economy News" that the sister company of China National Petroleum Corporation (CNPC) will handle about 300 million standard cubic feet of gas per day from the field. Views 25   Date Added 08/05/2019

[yota691]

Iraq signs $ 1.07 billion deal with Chinese gas processing company

Economy | 01:12 - 08/05/2019

 

 

 

BAGHDAD (Reuters) - 
The Oil Ministry announced on Wednesday that it had signed a $ 1.07 billion deal with a Chinese gas processing company. 
"Iraq has signed a final agreement worth 1.07 billion dollars with the Chinese Company for Engineering and Petroleum Construction to build and operate facilities to process natural gas extracted with crude oil in the giant field of Halfaya," the ministry said in a statement received by Mawazine News. 
"CNPC's sister company will handle around 300 million cubic feet of gas per day from the field," she said.

[Butifldrm]

It is likely that Iraq will sign an initial agreement with ExxonMobil and PetroChina

13:50 - 08/05/2019

0

 

  

Information / Baghdad ..

Oil Minister Thamir al-Ghadhban on Wednesday expected his ministry to sign a preliminary agreement with ExxonMobil and PetroChina "very soon," but gave no exact date.

"We were able to take a step towards resolving some outstanding issues in the deal," Ghadban was quoted by Reuters as saying.

"Immediately after the talks, the initial agreement will be examined by a ministerial energy committee before being referred to the cabinet for ratification," Ghadhban said. Ending / 25

https://www.almaalomah.com/2019/05/08/405166/

[nannab]

Thank you Butifldrm  

[yota691]

Iraq signs $ 1.7 billion agreement to deal with gas in the Halafaya field

Iraqi Ministry of Oil

 08 May 2019 12:35 PM

Mubasher: Iraq signed a final agreement worth 1.07 billion dollars with the Chinese Company for Engineering and Construction Petroleum to build and operate natural gas processing facilities in the field of Halafaya.

The Ministry of Oil, quoted by Reuters, said on Wednesday that the sister company of the National Petroleum Corporation of China (CNPC) will handle about 300 million standard cubic feet of gas per day from the field.

[Pitcher]

Iraq, China's CPECC in $1.07 bln deal to process gas from Halfaya 

Iraq and China Petroleum Engineering & Construction Corporation (CPECC) signed a $1.07 billion deal to build and operate facilities to process natural gas extracted alongside crude oil at Iraq's giant Halfaya oilfield.

CPECC, an affiliate of China National Petroleum Corporation (CNPC), will process around 300 million standard cubic feet per day (mcf/d) of natural gas extracted from the field alongside crude oil, the oil ministry said.

Halfaya, operated by PetroChina, is Maysan Oil Company's largest oilfield, producing 370,000 barrels per day (bpd) of the company's total output of around 510,000 bpd.

The current total production from Maysan Oil Company's oilfields is now around 630,000 barrels per day and expected to reach 700,000 bpd in one year.

Iraq continues to flare some of the gas extracted alongside crude oil at its fields because it lacks the facilities to process it into fuel for local consumption or exports.

At the signing of the deal on Wednesday, Iraqioil minister Thamir Ghadhban said that Iraq is in talks with international oil companies to build a 300 million cubic feet gas plant to process gas from the West Qurna 2 and Majnoon oilfields. No company has yet been selected.

 

https://www.thebaghdadpost.com/en/Story/39296/Iraq-China-s-CPECC-in-1-07-bln-deal-to-process-gas-from-Halfaya-oilfield

[6ly410]

Wednesday، 08 May 2019 04:44 PM

Iraq, China's CPECC in $1.07 bln deal to process gas from Halfaya oilfield

https://www.thebaghdadpost.com/en/Story/39296/Iraq-China-s-CPECC-in-1-07-bln-deal-to-process-gas-from-Halfaya-oilfield

 

Thamir Ghadhban

Iraq and China Petroleum Engineering & Construction Corporation (CPECC) signed a $1.07 billion deal to build and operate facilities to process natural gas extracted alongside crude oil at Iraq's giant Halfaya oilfield.

CPECC, an affiliate of China National Petroleum Corporation (CNPC), will process around 300 million standard cubic feet per day (mcf/d) of natural gas extracted from the field alongside crude oil, the oil ministry said.

Halfaya, operated by PetroChina, is Maysan Oil Company's largest oilfield, producing 370,000 barrels per day (bpd) of the company's total output of around 510,000 bpd.

The current total production from Maysan Oil Company's oilfields is now around 630,000 barrels per day and expected to reach 700,000 bpd in one year.

Iraq continues to flare some of the gas extracted alongside crude oil at its fields because it lacks the facilities to process it into fuel for local consumption or exports.

At the signing of the deal on Wednesday, Iraqi oil minister Thamir Ghadhban said that Iraq is in talks with international oil companies to build a 300 million cubic feet gas plant to process gas from the West Qurna 2 and Majnoon oilfields. No company has yet been selected.

[yota691]

09-05-2019 09:35 AM

Expert: Iraq will achieve self-sufficiency in the use of natural gas within 16 months

 

 

 Baghdad:

 Oil expert Hamza al-Jawahri, on Thursday, to achieve Iraq self-sufficiency of natural gas after the completion of the South Oil Project investment, indicating that the government succeeded in securing the huge money to invest oil fields through foreign companies.

 Al-Jawahiri said in a statement to the "News", "The South Oil Project will achieve self-sufficiency of Iraq in the use of natural gas, where will be able to produce 300 thousand cubic meters of gas in the initial stages of the field of Halafaya in Missan, while self-sufficiency of 500 thousand of other fields Through purification of gas from sulfur. "

He added that "ExxonMobil and PetroJaina signed a contract to install the seawater injection system to process the oil fields in it, resulting in the production of 10 million barrels of oil over the next 30 years, as well as the establishment of warehouses for crude oil to ensure the flow of oil through Iraqi ports "He said.

"The project will achieve huge amounts of profits from the gas that is wasted during the oil extraction operations, as well as giving Iraq a large amount of productivity to make it the first competitor to export energy."