Tag Archives | LNG

Iraq to Boost Summer Power Supply through Karpowership Deal

By John Lee. Iraq's Council of Ministers has approved direct contracting with Turkiye's Karpowership Group to enhance electricity supply during the high-demand summer period. The contracts will add 650 megawatts through the deployment of power ship. In a parallel move, the Cabinet also approved the launch of a Floating Storage Regasification Unit (FSRU) project for […]

Iraq's Energy Plans: Turkey to Double Electricity Supply ...

By John Lee. Iraq's Minister of Electricity, Eng. Ziyad Ali Fadel, has addressed key energy issues in interviews with Al Arabiya and Al Hadath, outlining government efforts to secure power supply and mitigate potential summer shortages. Key points include: The halt of exemptions has affected 800 MW of electricity imports from Iran, impacting Diyala, Maysan, […]

IBBC Conference: Iraq Prioritises Gas Investment to Boost Growth

By John Lee. Iraq's Minister of Oil, Hayan Abdul Ghani, highlighted the government's commitment to gas investment as a key driver for economic and industrial development at the Iraq Britain Business Council (IBBC) Baghdad Conference on Monday. He outlined Iraq's major achievements in the oil and gas sector, including: Adding 380,000 barrels per day to […]

South Gas Company to Lead LNG Platform Project

By John Lee. Iraq's Cabinet has approved the South Gas Company (SGC) to oversee the establishment of a fixed platform for importing liquefied gas. The company has been granted the following responsibilities: Coordination with Iraqi Ports Authority: Identify platform and gas storage locations, define specifications, and negotiate preparatory works including excavation, landfilling, and berth construction. […]

India to build Gas Liquefaction units in Iraq?

By John Lee. India has reportedly started talks with Iraq regarding building facilities to liquefy natural gas that is currently flared, and transporting it as liquefied natural gas (LNG) to India. The Indian Express quotes an anonymous senior Indian official as saying, "we are exploring if our companies can set up plants in Iraq to […]

Baker Hughes wins Iraq Flare Gas Contract

Baker Hughes, a GE company has been awarded a contract by the South Gas Company of Iraq (SGC) for fast-track solutions to help the recovery of flare gas for Nassiriya and Al Gharraf  [Garraf] oilfields. The importance of the project was highlighted by the attendance of several high-level officials, including HE Jabbar Al-Luaib, the Minister […]

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 […]

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 […]

India "Interested in Importing LNG from Iraq"

By John Lee. Reuters reports that India said it is interested in importing liquefied natural gas (LNG) from Iraq, with imports of the cleaner fuel becoming attractive after New Delhi decided to raise prices of locally produced gas from April 2014. Iraq has emerged as the second-biggest crude oil supplier to India after supplies from […]

Iraq to Export Liquified Gas by End-2013

Iraq's Oil Ministry spokesman, Assem Jihad, said he expects that liquidified gas will be exported from Iraq by the end of next year. Acccording to a report from Aswat al-Iraq, the spokesman pointed out that dry gas will be exported by 2017, and said Shell confirmed that Iraq is burning about 700 million cubic feet […]