Basrah Gas Company to Further Increase Amount of Gas Processes

Basrah Gas Company (BGC) hopes to further increase the amount of gas it captures and processes from three flaring oilfields in Iraq, Simon Daman Willems, Managing Director of the company told Gulf News in an interview.

The company has doubled the amount of gas that was captured and processed from three flaring oilfields in Iraq, Rumaila, West Qurna 1 and Zubair, since it started operating in 2013.

“We are currently processing over 600 million standard cubic feet of gas a day and have an ambitious target to grow well above this amount in the coming years,” Willems told the newspaper.

He said that around 70 per cent of the electricity generated in Basrah province last year and 60 to 70 per cent of the all the LPG consumed in Iraq is produced from the project.

BGC, which was set up to capture associated gas, is a joint venture comprising of government of Iraq (South Gas Company 51 per cent), Royal Dutch Shell (44 per cent) and Mitsubishi (5 per cent).

Iraq has estimated natural gas reserves of 112 trillion cubic feet.