For the first time in Iraq... investing in burned gas in the East Baghdad field - 3/20/2024

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For the first time in Iraq... investing in burned gas in the East Baghdad field

EconomyIraqi Ministry Of OilGas Investment

 

2024-03-20 // 04:54

 

Shafaq News / The Ministry of Oil announced, on Wednesday, the investment of flared gas in (East Baghdad Field - Taji Power Station), which is the first time in the history of Iraq.

 

A statement from the ministry received by Shafaq News Agency indicated, “The Oil Pipeline Company has completed the first phase of the rehabilitation work of the 12-knot dry gas pipeline (East Baghdad Field - Taji Power Station).”

 

The statement quoted the Director General of the Oil Pipelines Company, Ali Abdul Karim Al-Moussawi, as saying, “The company’s technical and engineering teams were able to complete the maintenance and rehabilitation work of the 13-km pipeline, as a contribution to the implementation and success of the plans of the government and the Ministry of Oil to invest in Shula gas in the East Baghdad field.”

 

Through financing using carbon credit (investment in burned gas), which is an experiment being adopted for the first time in Iraq, in accordance with international specifications, agreements and frameworks.”

 

He pointed to "the release of dry gas to be produced from the East Baghdad field during the coming period, in addition to enhancing the production of electrical energy by delivering the gas to the Taji power station."

 

Al-Moussawi added, “The maintenance and rehabilitation work, which included rehabilitating the pipe and maintaining the ancillary parts, was carried out with exceptional efforts that did not exceed.”

https://www.shafaq.com/ar/اقتصـاد/ل-ول-مرة-في-العراق-استثمار-الغاز-المحروق-في-حقل-شرق-بغداد