2026-04-29T08:59:53+00:00
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Shafaq News- Basra
Iraq’s Oil Ministry on Wednesday launched the first
phase of the accelerated Bin Omar gas investment project in Basra, aimed at
expanding associated gas use and strengthening the national energy system.
Located at the Nahr Bin Omar oil field, the project
includes a 5-kilometer, 20-inch pipeline connecting to the gas network, with an
initial processing capacity of 70 to 80 million standard cubic feet per day, Deputy
Minister for Gas Affairs Izzat Saber Ismail stated during the inauguration, adding
that the facility will supply 55 to 65 million standard cubic feet per day of
dry gas to power plants, produce 500 to 600 tons of liquefied gas for domestic
use, and generate about 1,800 barrels per day of condensates, boosting state
revenues.
Construction began in early April and concluded before
the end of the month, marking what Ismail called “a record completion
timeframe.” He highlighted the government’s focus on the gas sector as a key
driver of economic growth and energy security, pointing to efforts to maximize
resource use, reduce waste, and increase returns.
Read more: Billions lost, power gone: Iraq’s energy crisis explodes