Iraq stops burning 270 million feet of gas within a year: We will be an exporter within 6 years
Economy |Yesterday, 19:02 |
Baghdad today - Baghdad
Oil Minister Hayan Abdul-Ghani Al-Sawad confirmed today, Wednesday (November 1, 2023), that investing all of the national gas is one of the government’s priorities and we hope that we will be a gas exporting country after six years.
Al-Sawad said in a statement received by “Baghdad Today” that
“the ministry was able to invest 270 million cubic feet of gas within a year of the current government’s life,” considering that “one of the government’s most important priorities is gas investment, and
there is a well-thought-out plan to invest it in the associated and free gas levels.”. Al-Sawad explained,
“Prime Minister Muhammad Shiaa al-Sudani is pushing towards increasing local gas production and reducing imported gas through a plan prepared for that, and
the ministry is working through this plan for the purpose of its gradual completion, as
we want to move as quickly as possible for the purpose of investing gas in oil fields or gas fields that will witness The coming period is an investment for it.” Al-Sawad added,
“The Ministry of Oil was able to implement strategic projects related to gas, most of which were in Basra and the Halfaya field in Maysan, in addition to the Akkas field in Anbar, from which the Ministry worked to invest gas in good quantities after a Korean company withdrew before taking over the current government, as we were able to proceed with partial gas investment from The field reaches 60 million cubic feet and will then be used to operate the Akkas Electrical Station, which lacked gas, which contributed to generating electrical energy and connecting it to the national grid to increase processing hours for citizens. He explained that
"all the prepared plans aim to reduce the import of gas from the Republic of Iran and other countries from which Iraq buys varying quantities," noting that
"the primary goal of the government and the ministry is for the country to be a gas exporter within the next six years, and this is what is being worked on according to plans." Government and ministerial strategy.
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Economy |Yesterday, 19:02 |
Baghdad today - Baghdad
Oil Minister Hayan Abdul-Ghani Al-Sawad confirmed today, Wednesday (November 1, 2023), that investing all of the national gas is one of the government’s priorities and we hope that we will be a gas exporting country after six years.
Al-Sawad said in a statement received by “Baghdad Today” that
“the ministry was able to invest 270 million cubic feet of gas within a year of the current government’s life,” considering that “one of the government’s most important priorities is gas investment, and
there is a well-thought-out plan to invest it in the associated and free gas levels.”. Al-Sawad explained,
“Prime Minister Muhammad Shiaa al-Sudani is pushing towards increasing local gas production and reducing imported gas through a plan prepared for that, and
the ministry is working through this plan for the purpose of its gradual completion, as
we want to move as quickly as possible for the purpose of investing gas in oil fields or gas fields that will witness The coming period is an investment for it.” Al-Sawad added,
“The Ministry of Oil was able to implement strategic projects related to gas, most of which were in Basra and the Halfaya field in Maysan, in addition to the Akkas field in Anbar, from which the Ministry worked to invest gas in good quantities after a Korean company withdrew before taking over the current government, as we were able to proceed with partial gas investment from The field reaches 60 million cubic feet and will then be used to operate the Akkas Electrical Station, which lacked gas, which contributed to generating electrical energy and connecting it to the national grid to increase processing hours for citizens. He explained that
"all the prepared plans aim to reduce the import of gas from the Republic of Iran and other countries from which Iraq buys varying quantities," noting that
"the primary goal of the government and the ministry is for the country to be a gas exporter within the next six years, and this is what is being worked on according to plans." Government and ministerial strategy.
[You must be registered and logged in to see this link.]