17 hours ago
Basra Gas Company to Boost LPG Output
By John Lee.
The Ministry of Oil plans to increase the production of liquefied petroleum gas (LPG) at the Basra Gas Company (BGC) to more than 8,000 tonnes per day in the coming years.
Speaking at the LPG Forum organised by the BGC, Izzat Saber Ismail, Deputy Oil Minister for Gas Affairs, said that this effort is part of the Ministry's gas sector development strategy, which aligns with government programmes and directives from Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul Ghani.
Current LPG production at BGC stands at 6,000 tonnes per day. The Ministry has increased associated gas investment to over 70 percent, up from 53 percent in the first year of the current government.
The Ministry, in collaboration with international companies, has implemented several gas investment projects in Basra, Maysan, Dhi Qar, the central oilfields, and Kirkuk. These projects aim to eliminate gas flaring and thermal emissions between 2028 and 2030, in line with Iraq's commitment to the 2016 Paris Agreement.
Ismail emphasised the economic significance of LPG as a major revenue source and a key contributor to diversifying Iraq's national income. He also reiterated the Ministry's commitment to developing the gas sector based on sound technical and economic foundations.
(Source: Ministry of Oil)
