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Iraq's Basra Gas Co Output to Reach 1,050 mcf/d by End-2018

Source: Reuters 11/29/2018, Location: Middle East

Output from Iraq’s Basra Gas Company (BGC) is expected to reach 1,050 million standard cubic feet per day (mcf/d) by the end of 2018, an increase of 150 million mcf/d from current levels, the oil ministry said in a statement. Iraq’s gas development plans have long focused on BGC, a $17 billion joint venture between Royal Dutch Shell, state-run South Gas Company and Mitsubishi.

The Basra gas project is seeking to reach a targeted level of capturing and processing 2,000 mcf/d, the statement said.

The project was designed to aggregate gas from fields in the south including West Qurna 1, operated by Exxon Mobil Corp , Zubair, operated by Italy’s Eni, and Rumaila, developed by BP.

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