Iraq is negotiating with international companies to invest gas in four oil fields
Iraq is negotiating with international companies to invest gas in four oil fields
2023-03-17 02:27
Shafaq News/ The Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul-Ghani announced, on Friday, that there are negotiations with international companies to invest gas in a number of oil fields in the country.
This came in a press conference held today on the sidelines of the celebration announcing the inauguration of the first phase of the project to develop the Hammar Musharraf gas compression station in the Zubair oil field in Basra Governorate.
Abdul-Ghani said during the ceremony that the Hammar Musharraf compressor station in the Zubair field is one of 24 gas compressor stations, and includes four compressors with a capacity of 35 million standard cubic feet, and today two additional compressors have been added with a capacity of 32 million standard cubic feet per day.
He added that this project will add new quantities of raw gas, including 30 cubic meters of dry gas, 150 tons of liquid gas, and (600) barrels of condensate, and the Basra Gas Company will add five new compressors in the second phase of this project to raise the capacity of Production to 147 million standard cubic feet per day.
These five new compressors increase the ability to invest associated gas and reduce its combustion in the Zubair oil field, as well as provide good quantities of dry gas to electric power stations, according to the minister.
He also said that this project comes in line with the government program to reduce the rate of burning gas and convert it into clean energy that supplies all industries related to fuel with gas, including electric power stations.
The Minister of Oil revealed that there are negotiations with a specialized international company to invest in gas from the fields (Majnoon, West Qurna / 2, Al-Luhais, Artawi), expressing his hope to sign investment contracts in this field soon.
shafaq.com
