Tag Archives | gas capture

Iraq to launch Tender for Gas Contracts by end-June

By Padraig O’Hannelly. Iraq’s Council of Ministers has resolved that the Ministry of Oil shall implement the process for awarding Supplemental Natural Gas Processing Contracts (SNGPCs) for the processing of associated gas to qualified investors through a competitive and transparent bidding process that adheres to best international standards. The SNGPCs will provide that investors will […]

Iraq signs Memorandum of Cooperation with Kuwaiti Company

By John Lee. Iraq’s Oil Ministry has signed a a memorandum of cooperation with the Kuwait-based company Al-Arfaj, with a view to capturing and using associated gas from Iraq’s oil fields. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] ending gas flaring and using the gas for petrochemical production was a priority for the Ministry. According […]

US Firm to Harvest Flare Gas at Nahr Bin Umar

By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] has announced an agreement with an American company to invest in the flare gas associated with the Nahr Bin Umar oil field in Basra governorate. The Ministry names the company as “Oren”, but Iraq Oil Report identifies it as the Houston-based Orion Gas Processors. A […]

Algeria’s Sonatrach to Invest in Iraq

By John Lee. Sonatrach, the state-owned Algerian energy company, is to form a joint venture with Iraq to cooperate in the harvesting of associated flare gas. The will be used for power generation, and in the production of petrochemicals and fertilizers. The deal was agreed during a visit by Algerian Energy Minister Mustapha Guitouni to Baghdad. (Source: […]

Oil Ministry Clarifies Gas Export Policy

The Ministry of Oil has confirmed that the gas recently exported from Iraq was what it described as “condensed liquids (C5) or ‘natural gasoline,’” a by-product from the associated gas investment extracts used for the industrial purposes, and “not the dry gas which is used for the power generation”. Hamid Y. Salih, the deputy minister […]

Iraq wins Award for Reduction of Gas Flaring

By John Lee. The World Bank has awarded Iraq’s Ministry of Oil a certificate of appreciation for its efforts and success in reducing the flaring of associated gas. The award was made for the work of the Basra Gas Company (BGC), by the Bank’s Global Gas Flaring Reduction Partnership (GGFR), a public-private initiative comprising international […]

Iraqis Visit US to Study Gas-Capturing Technologies

By John Lee. Iraq’s deputy minister of gas affairs, Hamed Younis Saleh al-Zoba’ei, and Hillal Ali Ismaeel Mushtaq, Iraq’s director of general of studies, conducted a three-day tour of North Dakota last week, visiting gas-processing facilities and meeting with state and industry leaders. Julio Friedmann, the U.S. Energy Department’s deputy assistant secretary for fossil energy, said: […]

Iraq has Lost Billions from Gas Flaring

By John Lee. The former head of the Energy Studies Department at the Opec Secretariat in Vienna has said that delays in capturing associated gas from Iraq’s oilfields is costing the country billions of dollars. Saadallah Al Fathi told GulfNews.com that the Basra Gas Company (BGC) is very slow in rehabilitating and maintaining the plants […]

Iraq Launches World’s Largest Flare Reduction Project

South Gas Company, Shell and Mitsubishi today officially announced the commencement of operations of Basrah Gas Company, which will be the largest gas project in Iraq’s history and the world’s largest flares reduction project. Basrah Gas Company is a 25-year incorporated Joint Venture between Iraq’s South Gas Company holding 51% of its shares, Shell 44% […]

Basra Gas Project On Track

By John Lee. The Basra Gas Company (BGC) — a joint venture between the state-run South Gas Company (SGC), Shell and Mitsubishi — is processing around 400 million cubic feet per day (mcfd) of gas, and is on track to treat 2 billion cubic feet per day by 2017. SGC general director, Ali Khudhier, told […]

Russian Investor Increases Stake in Gulfsands

By John Lee. Russian oil and gas investor Soyuzneftegas Capital has increased its stake in Gulfsands Petroleum, the London-listed energy company that is understood to be negotiating details of a gas capture contract in Missan province. The Russian investor’s stake rises to 6.72 percent. Soyuzneftegas is chaired by former Russian energy minister Yuri Shafranik (pictured), […]