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Economist: Iraq burn 95 billion dinars a day in the air
1/30/2015
He is an economist, on Friday, that Iraq is continuously burning billions a day as a result of lack of investment associated with the process of extracting oil and natural gas, indicating that the burned gas price up to 95 billion dinars a day without the benefit from it.
The economist said Dr. Dergham Mohammed Ali told / information /, that "the process of extracting oil in Iraq are still conducted in accordance with the primitive operations where burns huge amounts of accompanying the process of extraction of crude oil gas."
He added that "this process costing Iraq daily loss estimated at more than 95 billion dinars a day what constitutes staggering can benefit from it in the near future, especially as the country is suffering from the financial crisis as well as the development of service facilities and infrastructure in the country. "
He added that "the Ministry of Electricity has the power stations of gas in addition to the newly imported plants, what made ministries imports imports natural gas from abroad, while The scorched quantities can block all local need and export to sizeable amounts of what constitutes a resource in additional state revenue, out of total reliance on oil exports circle. "
Observers believe that foreign in Iraqi gas fields investments will shape the future of the gas industry to make him one of the important sources of gas to the local and regional level, and an indispensable resource for the European market, especially given that 70 percent of the gas with the oil flow burn a day, and that the loss of the burning process are estimated at $ 80 million a day.
and lose Iraq billion cubic feet of gas per day, burning, mostly in the south. And intends to use the gas production is a joint venture with Shell in the domestic market to meet the growing demand for electricity has surplus .anthy issued 25 K.
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1/30/2015
He is an economist, on Friday, that Iraq is continuously burning billions a day as a result of lack of investment associated with the process of extracting oil and natural gas, indicating that the burned gas price up to 95 billion dinars a day without the benefit from it.
The economist said Dr. Dergham Mohammed Ali told / information /, that "the process of extracting oil in Iraq are still conducted in accordance with the primitive operations where burns huge amounts of accompanying the process of extraction of crude oil gas."
He added that "this process costing Iraq daily loss estimated at more than 95 billion dinars a day what constitutes staggering can benefit from it in the near future, especially as the country is suffering from the financial crisis as well as the development of service facilities and infrastructure in the country. "
He added that "the Ministry of Electricity has the power stations of gas in addition to the newly imported plants, what made ministries imports imports natural gas from abroad, while The scorched quantities can block all local need and export to sizeable amounts of what constitutes a resource in additional state revenue, out of total reliance on oil exports circle. "
Observers believe that foreign in Iraqi gas fields investments will shape the future of the gas industry to make him one of the important sources of gas to the local and regional level, and an indispensable resource for the European market, especially given that 70 percent of the gas with the oil flow burn a day, and that the loss of the burning process are estimated at $ 80 million a day.
and lose Iraq billion cubic feet of gas per day, burning, mostly in the south. And intends to use the gas production is a joint venture with Shell in the domestic market to meet the growing demand for electricity has surplus .anthy issued 25 K.
[You must be registered and logged in to see this link.]
