Iraq signed a memorandum with the US company to reduce gas flaring

The number of visits: 168 Published on: 24/4/2016, 19:14 Published by: Messenger of Delphi

Iraq signed a memorandum with the US company to reduce gas flaring

The Ministry of Oil with General Electric Company [GE] US memorandum of strategic part of a long-term cooperation includes the implementation of a number of projects for the benefit of the oil ministry, including cooperation in the field of reducing the extracted gas flaring from oil fields for use in electric power generation, as well as the provision of more than 400 MW power as energy oil installations before next summer.

He said Undersecretary older Fayyad good grace in a press statement that "the signing of the memorandum came after negotiations that lasted for two consecutive years was a success and to achieve the interests of both sides, which aims to develop a strategic program to reduce gas flaring and investment in the industry and energy operations, and the development required to set up the first plans for the control center the diagnosis in the country to enable proactive maintenance operations fast and save time. "

He said during the signing ceremony, which was held today at the headquarters of the Oil Ministry, said that "The contract also includes improving the operational efficiency and performance of oil and gas facilities of the Ministry of oil which will help promote sustainable growth of the country's wheel."

For his part, Undersecretary for gas Hamid Younis that "the signing of the memorandum was the result of efforts by oil projects and companies Basra and gas refineries, the South and the South Oil Company, which will provide a memorandum relationship with the US company to secure the qualification necessary for the production of oil and escalate potential export of crude oil equipment operations, and provide the company's spare parts for equipment used in the production and export of crude oil within a record timeframe. "

In turn, he confirmed the Director General of Oil Projects Company Nihad Ahmed Moussa said "the signing of the memorandum with the US company was the result of a long effort by the ministry to develop programs and plans to support oil and gas installations up to 800 units as well as direct communication to support the production units and field to prevent access junctions affect the pace work as well as the safe operation of the production units provide in Iraq. "

For his part, he praised the representative of the General Electric Company in Iraq, the cooperation of the Ministry of Oil in the completion of this agreement, stressing the commitment of his company in the implementation of its provisions and to achieve the interests of both sides to develop Iraqi cadres through the implementation of training and training programs as well as provide backup equipment for all the oil ministry institutions.

"The note provides the latest technology needed to modernize the facilities, including the ministry contribute to enhancing the efficiency of the oil and energy sector in Iraq and solutions."