3 days ago
Egyptian firms discuss natural gas developments in Iraq
Baghdad ( – Egypt-based Modern Gas and Alexandria Petroleum Maintenance Company (Petromaint), a prominent provider of oil and gas services in Egypt, engaged in discussions with the Iraqi Ministry of Oil regarding potential participation in natural gas network projects for power plants, brick industries, and cement plants in Iraq.
Mohamed Qandil, Chairman and Managing Director of Modern Gas, and Ibrahim Motawea, Chairman and Managing Director of Petromaint, met with Ezzat Saber, the Undersecretary of the Iraqi Ministry of Oil for Gas Affairs, on the sidelines of the inaugural edition of the Iraq Oil and Gas Technology Exhibition (OiGatech 2025), held recently at Baghdad International Fairground in the Iraqi capital, Baghdad, according to Egypt Oil & Gas.
The two parties discussed supplying liquefied natural gas (LNG) to residential areas, buildings, and hotels, aiming to maximize the use of the significant quantities of available LNG.
These negotiations are in line with the Iraqi government's ambitious growth plan for residential complexes, which aims to build one million housing units.
This proposal calls for the construction of an underground LNG network system with central stations, which will include phases such as design, installation, operation, and maintenance.
Additionally, to improve the environment and reduce carbon emissions while also increasing output through the reuse of available resources, the meeting addressed options for collaboration on the utilization of flared gas.
