Oil Ministry: Gas platform will be operational within the next two years

Economy
  • 26-01-2024, 19:50
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    Baghdad-INA  
    Today, Friday, the Ministry of Oil identified Iraq's gains from launching the liquefied gas import platform, and indicated that it will become operational within two years, while indicating that it will grant flexibility to negotiate and obtain it at a reasonable price.
     
    The Undersecretary for Gas Extraction Affairs, Izzat Saber, told the Iraqi News Agency (INA): that “Prime Minister Muhammad Shia al-Sudani approved the project to establish a permanent fixed platform to receive gas from neighboring countries or from other countries,” indicating that “Iraq’s infrastructure in the past was not ready to receive it, as we were relying only on importing gas from Iran through pipelines.”
      "In the next two years, this platform will be in the large port of Al-Faw to receive imported liquefied gas from any country in the world, and contracts will be made to use the gas to supply electricity networks, increase energy production, and provide fuel to advance the industrial and agricultural sectors," noting that "liquefied gas It can be used to supply cement, brick, petrochemical and fertilizer plants.” Saber said.