Oil Ministry: Dry Gas Production Capacity Rises to 950 MSCFD

Monday 31st December 2018 - 12:46

Oil Ministry: Dry Gas Production Capacity Rises to 950 MSCFD

 Baghdad - INA

Oil Ministry announced on Monday that dry gas production capacity has risen to 950 million standard cubic feet per day.

According to a statement by the Oil Ministry on Monday, a copy of which received by INA, the director general of South Gas Company, Mr. Hayian Abdul Ghani, sent a telegram to the deputy PM for oil and energy, the oil minister, informing him that ‘workers in the South Gas Company’ have succeeded through sincere patriotic efforts and a full day’s persistent labor in achieving a substantial rise in production that added more than 100 million standard cubic feet per day (MSCFD) to the overall production rate, which lifted the amounts of gas supplies feeding the plants of Basra Gas Company to over 950 (MSCFD)’

Abdul Ghani added that his company’s plans aim to reach investment of 1000 (MSCFD) during the first quarter of year 2019, noting that this rise together with the optimal investment of gas associating oil operations, came from several southern fields, including ‘Gas processing stations in Bin Omar field, Majnoon field and Nasiriya field in Dhi Qar Governorate.’

On his part the spokesman of Oil Ministry, Asim Jihad, said that ‘the added amounts of invested dry gas will be employed in power plants, which will result in lowering the financial expenses through the gradual dispensing with imported fuel which is used to run these plants.’ Noting too that ‘the Ministry plans aim to invest the associating gas produced by all oil fields so as to bring the burning of gas to its lowest limits over the next few years, especially in Basra, Maysan and Dhi Qar governorates through making a number of important contracts with internationally respectful companies.’ He added too that ‘the oil minister Thamir Abbas al-Ghadban appreciats the hard work of all workers in the South Gas Company and Basra Gas Company as well as all who gave a hand to Basra and Dhi Qar companies to achieve the notable rise in optimal investment of associating gas from the southern fields.’