Oil Minister Jabbar Ali al-Luaibi said on Wednesday that the technical and engineering teams of the oil formations have been able to rehabilitate the oil field in the province of Salah al-Din and begin the operations of investment and production of gas associated with oil operations at rates ranging between (50-70) million cubic feet a day.
“This project adds a large amount of gas to national production, as well as the provision of good quantities of gas to power plants, which means to dispense with the use of other petroleum products in power generation, which cost the federal treasury amounts of hard currency, While continuing to work for the rehabilitation and operation of the system of pumping stations of crude oil from the field mentioned in order to accelerate the resumption of production during the next few.
He added that “the technical and engineering teams of the oil formations and the time and effort of the standards succeeded in the rehabilitation and operation of warehouses and reservoirs and gas stations in the liquid bath in the province of Nineveh, where the operation of four government plants to fill liquid gas and the opening and operation of 26 plants to fill the liquid gas, The need to maintain liquid gas fuel at a rate of 40-43 thousand cylinders per day, which is higher than the rates of production before the events of Mosul, as part of the ministry’s campaign to rehabilitate, reconstruct and build liberated areas.
He pointed out that the Ministry achieved in 2017 unprecedented financial income amounted to 252 million dollars for the export of (80) shipment to foreign markets, thanks to the increase of national production of liquid gas and export surplus to foreign markets, which contributes to the strengthening of the national economy and development of During the addition of financial revenues in addition to revenues from oil, stressing “to seek to double the financial revenues in the current year of gas export, thanks to the ambitious plans set by the ministry to serve the national economy.”
