The Undersecretary of the Ministry of Oil for Gas Affairs, Izzat Saber Ismail, opened the second berth for exporting condensates and liquefied gas at Umm Qasr Port in Basra. The Undersecretary said in a statement by the Ministry, "The berth will provide flexibility in the export operations of liquefied gas and condensates, which currently amount to 50 tons per month, and it is hoped that by the beginning of 2025 it will reach 80 tons per month, noting that with the increase in production rates it will reach 125 tons per month." The Undersecretary added that "the Ministry is implementing a number of strategic projects to invest associated gas in a number of oil fields, noting that gas investment rates will rise to 70 percent by the end of this year." The Director General of the Southern Gas Company, Hamza Abdul-Baqi, said that "the Ministry is implementing a number of promising projects to invest in gas, and thanks to the joint efforts with the Basra Gas Company, surplus rates have been achieved for the loc al need for consumption of liquefied gas (LPG), and this gas is different from the gas that is imported to operate power plants or that is used in petrochemical industries or cement industries and others." The Managing Director of the Basra Gas Company, Kadhim Port, said that "the second berth includes four loading arms, which provide flexibility and increase in export operations for the second berth, explaining, two arms with a capacity of 2400 m3 per hour to load butane and propane", and two arms with a capacity of 4800 m3 per hour to load condensates, compared to 500 m3 per hour, the capacity of the third berth from which exports are currently taking place." Source: National Iraqi News Agency
Tuesday, November 05, 2024