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Iraq ‘s economy announces record gas production

The oil and gas companies in the province of Salah al-Din and the start of investment and production of gas associated with oil operations and rates ranging between (50-70) million cubic feet a day, where it succeeded, said Oil Minister Jabbar Ali al-Allaibi on Wednesday. This difference in completing gas deliveries to the North Gas Complex in record time and at the lowest cost.

It came in a telegram to Prime Minister Haider al-Abadi Council included a set of achievements Ministry.

The minister said in the cable that the project adds a large amount of gas to national production, as well as the provision of good quantities of gas to power plants, which means to dispense with the use of other petroleum products in power generation, which cost the federal treasury amounts of hard currency, while continuing Working for the rehabilitation and operation of the system of pumping stations of crude oil from the field mentioned in order to accelerate the resumption of production during the next few period.

He added that the technical and engineering teams of the oil formations and the time and effort of the standards succeeded in the rehabilitation and operation of warehouses and reservoirs and gas stations in the liquid bath in the province of Nineveh, where the operation of four government plants to mobilize liquid gas and the opening and operation of 26 plants to mobilize liquid gas, which contributes to cover the need The maintenance of liquid gas fuel at the rate of 40-43 thousand cylinders per day, which is higher than the rates of production before the events of Mosul. This comes within the Ministry’s campaign for the rehabilitation, reconstruction and construction of liberated areas.

The minister pointed out that the ministry has achieved in the year 2017 unprecedented financial income amounted to 252 million dollars export of (80) shipment to foreign markets, thanks to the increase of national production of liquid gas and export surplus to foreign markets, which contributes to the strengthening of the national economy and development through In addition to revenues from oil, stressing the need to double the financial revenues in the current year from the export of gas, thanks to the ambitious plans set by the ministry to serve the national economy.