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Iraq Announces Investment Project for Nahran Bin Omar Gas Field in Basra

The Deputy Prime Minister for Energy Affairs and Minister of Oil announced the completion of a draft project for gas investment in the Nahran Bin Omar field in Basra Governorate, which will be referred to the Ministerial Council for Energy, and then to the Council of Ministers for approval. This came during a meeting of the opinion body to discuss the draft of the project, after a technical presentation was presented by the committee in charge that included the technical and contractual aspects. Deputy Prime Minister for Energy Affairs, Mr. Hayan Abdul Ghani, said that gas investment from the Nahran Bin Omar field is one of the large and promising projects in the field of gas investment, with a capacity of (300) million standard cubic feet per day, and will be implemented in two stages with a capacity of (150) cubic feet of raw gas. And (150) sour gas distillers, in addition to producing large quantities of liquid gas and condensates.

 

Abdul Ghani indicated that this project will be implemented using the investment method (Boot), and will be implemented by international companies specialized in this field, and that this project comes within the plans of the government and the ministry to invest in gas to enhance national production. For his part, ministry spokesman Assem Jihad said that this project includes the establishment of raw gas collection stations with processing units, pipeline networks, tanks, water stations, electricity generation stations, and a platform and port for export.

 

Jihad added that the project comes within the direction of the government program that contributes to stopping gas burning and environmental pollution, and converting it into clean energy, to cover a large part of the local need for dry gas for electric power stations and all industries related to the uses of this type of fuel, in addition to exporting the surplus gas. The liquid and condensates are exported abroad, with the aim of achieving significant financial revenues for the state treasury.

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