Oil counts the quantities of invested gas and sets a date for eliminating burning operations

Economy
  • 19-10-2020, 13:10
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    Baghdad - INA

     

     The Ministry of Oil confirmed a count of the quantities of invested gas and set the date for eliminating the burning operations today, Monday, explaining that the ministry aims to invest the full quantities of associated gas and free gas.

      The Undersecretary for Distribution Affairs, Dr.  Hamed Yunus, in a statement to the ministry received by the Iraqi News Agency (INA), "The amount of associated gas currently invested and resulting from oil production operations is (1500) million standard cubic feet (measured), explaining that the total production of associated gas and the output from oil extraction operations is  (2700) Mqmqq, indicating that the Ministry’s plans aim to fully invest the remaining quantities of (1,200) Mqmq through projects under implementation and completion and it is hoped that this will be done by the end of the year 2023 and thus the Ministry has completed the investment of the entire produced quantities of associated gas and the elimination of burning operations  .

     Yunus added, "The Ministry of Oil is keen on optimal investment of associated gas and free gas through the national effort in cooperation with sober international companies."