An international report: Iraq looks to be one of the largest producers of gas

An international report: Iraq looks to be one of the largest producers of gas

Date: Thursday, 30/08/2012 08:57 am

 Baghdad / agencies,
Iraq is looking to become one of the largest gas producers, and comes through the implementation of some projects and the conclusion of new and promising partnerships between Iraqi national oil companies and international companies. Among these initiatives Basra Gas Company, a new covenant partnership extends for a period of 25 years between the South Gas Company

And my company, “Mitsubishi”, “Shell”. The partnership aims to collect and process and convert raw gas currently flared. Indicate this initiative that Iraq take the right path, where he works to control this source precious goal of associated gas which flows end up in favor of economic growth of the state.
However, the result of years of war fought by Iraq and sanctions suffered during the past decades However, some companies such as the Basra Gas Company, still faces many challenges as a result of a difficult working environment there. For example, it is the largest of these is the rehabilitation of infrastructure such as ports, airports and roads.
emphasizes energy experts that the oil and gas Bata today – more than ever – a commodity vital for any nation seeking economic growth, prosperity and stability, as the oil and gas promise vital factor indispensable in the production of food, water, electricity and construction of infrastructure which are all meant to enhance the standard of living.
Although consensus of most international companies operating in the oil sector, such as “BP” and “Shell” and “Exxon” on one fact, which is that oil will remain the main source of energy in the foreseeable future, but it will have to many countries seek to diversify their energy, including natural gas, which is more abundant, and the advantage Bnzafth, in addition to cost a few, in response to rising global demand for energy. gas sources natural raw natural gas comes from three types of fields: oil, gas and liquids condensed carbon. And called on the natural gas derived from oil fields, the term “associated gas”. As for natural gas, which comes from the gas fields and carbon condensate liquids, which contain little of crude oil, are called “greenhouse is associated.” It is possible to use natural gas, as it is characterized Banavathath least of coal, and up to 65%, and the per kilowatt hour, as are emissions lower by 25% of the oil. gas in the Middle East and Iraq , according to the statistics of the global data on oil and natural gas , 40% of the gas reserves in the world are in the Middle East. Although global demand great energy and increasing pressures aimed to reduce carbon emissions, the percentage of gas wasted by combustion in the Middle East remains one of the highest ratios in the world. Despite that fact, one of the salient features in the region, the growth of economies and populations indicates that many countries in the Middle East will face up an increasing demand for energy, which means resorting to import gas. has turned many countries in the region to make efforts aimed to develop natural resources. Has begun BP (BP) drilling operations in the field of badminton for natural gas in the eastern desert, Jordan, the Iraqi side of the border. In the United Arab Emirates, is investing “Occidental Petroleum” in the draft fort gas, which is one of the largest projects Dhabi National Oil Company (ADNOC). as Qatar has the largest gas field in the world, where some companies, such as “Exxon” and “Shell” production of liquefied natural gas and products resulting from the gas-to-liquid and chemical products associated gas, such as paraffin and naphtha. According printed oil and gas, Iraq has the tenth largest natural gas reserves in the world, mostly from associated gas, stationed in the oil fields to the south of Iraq, such as Rumaila, West Qurna and Zubair in Basra province. However, this great wealth suffer growling at the moment, it comes with oil production from these fields to generate massive amounts of this gas precious being wasted as a result of fires, which loses the state more than 10 million dollars a day of natural resources. look toward future prospects required, and according to experts that the Iraqi government to find a future investments in the gas along the Iraqi soil and add to the advantages of direct earned from behind the production and investment resources of gas, the construction of the gas industry new and prosperity will contribute to provide jobs for the Iraqi people, thereby reducing the negative effects on both health and the environment. Moreover, the conclusion of partnerships with major international companies such as “Shell” and “BP”, reflects the commitment of Iraq to develop a sustainable infrastructure for the gas and the acquisition of best practices. It is clear that natural gas is playing a pivotal role, which urged Iraq to take bold steps aimed to become a gas supplier to reliable energy, which will put Iraq among the largest producers of natural gas in the world, what will therefore develop the future vision of a state within the idea of greater world gas producers.
Source: almadapaper