Tag Archives | South Gas Company

New Gas Processing Facility in Maysan

By Simon Kent.  Iraq’s Maysan province, which borders Iran, has opened a new gas processing facility to treat associated gas from the Fakka and Bazargan fields. A statement from Iraq’s Ministry of Oil did not say how much gas was being processed, but the gas had previously been flared and will now be used for power […]

Condensate Exports Continue

By Simon Kent. Iraq’s Ministry of Oil have announced a 20,000 m3 shipment of condensate, the third since exports began in March. It is likely that the proceeds from this sale will go to pay IOCs, who are still owed funds for contractual work, as stipulated by their Technical Service Contracts. A number of observers […]

Technip Wins FEED Contract at Rumaila

Technip, in partnership with China HuanQiu Contracting & Engineering Corporation (HQC), has been awarded a front-end engineering design (FEED) contract for the Ar Ratawi Natural Gas Liquids (NGL) train1 project at North Rumaila in Basra. The deal was awarded by the Basra Gas Company (BGC), a joint venture between the Iraq’s South Gas Company (51%), […]

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 […]

Iraq Names New Deputy Oil Minister

By John Lee. The former head of the South Oil Company (SOC), Fayadh Hassan Nima [Niama], has been named to replace Ahmad Shamaa [Ahmed al-Shamma] (pictured) as Deputy Oil Minister. Shamma, whose responsibilities included downstream activities and overseeing the Basra Gas Company — the  joint venture between Shell, Mitsubishi and the South Gas Company — […]

South Gas Company to Produce 2bn Cubic Feet in 2013

Iraq’s state-run South Gas Company says its output will exceed 2 billion cubic feet by 2013, according to a report from Azzaman. The company’s director-general, Hussein Khudhair, said in a statement that “once the projects under construction are completed, the production will be in huge quantities surpassing two billion cubic meters”. He said “gigantic projects” […]

Shell, Mitsubishi, Gas Production to Start This Year

Dow Jones reports that the gas capture project with Shell and Mitsubishi in Southern Iraq is expected to start production this year. The head of the South Gas Company, Ali Hussein Khudhier, told the news agency that they expect to produce 50 Mcfd of gas this year. He added that the floating LNG plant and […]

Shell/Mitsubishi Gas Deal Delayed Again

Iraq’s Energy Commission announced on Monday that it has decided to postpone its meeting to discuss the Shell gas contract until next week, further delaying the long-overdue signing. AKnews reports that the commission, headed by Deputy Prime Minister Hussein al-Shahristani, announced last Wednesday that it would discuss the contract to develop and exploit the gas […]

Will Shell Over-charge for Iraqi Gas?

AKnews reports that Shell and Mitsubishi’s giant gas venture in Basra has been criticised for planning to sell gas to fuel-starved Iraqi power plants at too high a price. The fuel will be sold at $4.38 per million British thermal units (mbtu), less than a third of the $15/mmbtu that is charged in parts of […]

Detailed Analysis of South Gas Deal with Shell/Mitsubishi

The attached document is a detailed analysis of the joint venture between South Gas Company and Shell & Mitsubishi, prepared by our expert blogger Ahmed Mousa Jiyad. Mr Jiyad is an independent development consultant, scholar and Associate with Centre for Global Energy Studies-CGES, London. He was formerly a senior economist with the Iraq National Oil […]