Bazargan Oil Complex Expands Gas Processing Capacity
By John Lee.
The Bazargan Oil Complex has announced the establishment of a gas compression unit with a processing capacity of up to 70 million standard cubic feet per day (MMscf), as part of efforts to fully utilize associated gas from Missan's oil fields.
Hassan Falahi, head of the gas processing division, told the state-run Iraqi News Agency (INA) that a 200 MMscf gas processing facility was launched in 2018, with 30 MMscf allocated for power generation and 10 MMscf for oil processing and operations.
Future plans, in collaboration with Missan Oil Company (MOC), the Ministry of Oil, and the operational authority, include a gas compression unit with a processing capacity of 50-70 MMscf. The gas will be transported to the Halfaya field to supply power stations in Al-Kahla district, with project implementation underway.
Additionally, expansion of the Power Plant station is under review, requiring 47 MMscf of gas and an additional 35 MMscf for planned generation unit upgrades. Once all projects are complete, Missan's associated gas will be fully utilized.
Falahi highlighted training initiatives for Iraqi employees, including in-house programs and specialized courses in Egypt with Chinese partners. He also noted that annual maintenance plans ensure long-term overhauls and rapid repairs, while 80% progress has been made on a 60-kilometer gas pipeline linking Buzurgan to Halfaya.
(Source: INA) Tags: Bazargan, Bazergan, Bazirgan, cg, China, Egypt, featured, Gas Processing, gas production, HaLFAYA, Maysan, Maysan Oil Company (MOC), Missan, Missan Oil Company (MOC)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Iraqi News
5 hours ago
- Iraqi News
Iraq receives first batch of French Caracal multi-role helicopters
Baghdad ( – As part of the government's agenda to develop the capabilities of the country's armed forces, the Iraqi Ministry of Defense received on Tuesday the first batch of French Caracal multi-role helicopters. The Iraqi Ministry of Defense mentioned in a statement that these combat helicopters will enhance the Iraqi army's capabilities in the areas of tactical transport, support, and rescue operations. The step is part of a deal reached with Airbus in September 2024 to purchase 12 Caracal H225M multi-role combat helicopters. On April 30, the Iraqi Minister of Defense, Thabet Al-Abbasi, checked the first two helicopters at the airframer's headquarters in Marignane in southern France. The new helicopters will take the place of the older Mil Mi-17s and will be employed for different tasks such as fire support, attack, tactical troop transport, special operations, and counter-terrorism. Unknown numbers of the Iraqi Caracals will be modified with the HForce modular weapons system from Airbus Helicopters. Iraq and the major European aviation company Airbus reached a deal in early September to buy 14 military helicopters, including 12 Caracal H225M multi-role combat helicopters. A ceremony attended by the Iraqi Minister of Defense, officials from Airbus, and the French Ambassador to Iraq, Patrick Durel, was held in Baghdad to sign the deal, according to AFP. During a meeting in May with Eric Chevalier, the former French ambassador to Iraq, Iraqi Prime Minister Mohammed Shia Al-Sudani stated that Iraq is open to productive collaboration with French industries, particularly in enhancing the defensive capabilities of its military forces. In January 2023, Al-Sudani met in Paris with executives from Thales Group, Dassault Group, and Airbus to discuss a possible supply of military helicopters, radars, and Rafale aircraft to Baghdad.
Iraqi News
5 hours ago
- Iraqi News
Iraq studies investments in oil refineries in Asia
Baghdad ( – Iraqi government advisor Hatim Al-Fadli revealed on Tuesday that Iraq is studying investments in oil refineries in China, India, and other Asian countries, where the majority of the country's crude oil is exported. Al-Fadli told Al-Sumeria News that study into possible projects will begin in the coming months, followed by discussions with potential partners in 2025-2026. The initiative will include high-capacity oil refineries, allowing Iraq to export more crude oil and increase income, according to Al-Fadli. Asian markets received about 75 percent of Iraq's 1.2 billion barrels of oil exports in 2024, generating more than $95 billion for the country. The research will look into foreign investment in the refining sector, specifically in China, India, South Korea, Vietnam, and Indonesia. Iraq chose this group of countries because of their growing energy consumption and large populations. These are massive consumer markets that will help Iraq retain its market share and diversify its exports. Al-Fadli added that negotiations with possible partners in those countries might lead to agreements between 2026 and 2027, with projects including investments in existing refineries and the development of new ones.
Iraqi News
5 hours ago
- Iraqi News
Iraq's foreign exchange reserves rise in May
Baghdad ( – The Central Bank of Iraq (CBI) revealed on Wednesday that its foreign exchange reserves rose during May 2025. According to the CBI, Iraq's foreign reserves as of May 22 amounted to $98.83 billion (128.47 trillion Iraqi dinars), up from $97.94 billion (127.32 trillion Iraqi dinars) on May 1. These reserves have also grown since April, when they stood at $98.08 billion (127.51 trillion Iraqi dinars). The CBI stated that reserves have declined from last year's level of $100.276 billion (130.34 trillion Iraqi dinars) and are also lower than the 2023 figure of $111.73 billion (145.25 trillion Iraqi dinars). The director of the CBI's Investment Department, Mohammed Younis, revealed earlier in June that foreign reserves surpassed $100 billion. In a statement to the state-run news agency (INA), Younis explained that the country has a large reserve of gold, exceeding 163 tons. Iraq's foreign reserves are managed in accordance with thoroughly planned policies based on highly secure standards and invested in safe financial products that yield appropriate returns, according to Younis. The CBI disclosed last month that its official reserves fell by more than 11 trillion Iraqi dinars ($8.39 billion) in a single year. According to the CBI's report on financial and monetary indicators in Iraq for February 2025, the bank's official reserves reached 127.20 trillion Iraqi dinars ($97.12 billion) in February, a decrease of 8.21 percent compared to the same period in 2024, when reserves reached 138.570 trillion Iraqi dinars ($105.8 billion).
