Iraq’s Basrah Gas Company Doubles Gas Production

Iraq’s Basrah Gas Company Doubles Gas Production

Iraq’s Basrah Gas Company (BGC) doubled the amount of gas that was processed from three flaring oilfields in Iraq since it started operating in 2013, in attempt to further increase its production rates, Zawya reported.

BGC MD, Simon Daman Willems, revealed that the company was “currently processing over 600mscf/d of gas and have an ambitious target to grow well above this amount in the coming years.” He added that “around 70% of the electricity generated in Basrah province last year and 60% to 70% of the all the LPG consumed in Iraq is produced from the project, in addition to a substantial amount of barrels of condensate.”

The drop in oil prices made the company to put a number of projects on hold, Noozz informed.

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