For the first time since the region’s unrest, Iraq resumes exporting gas condensates to global markets.
The Undersecretary of the Ministry of Oil for Gas Affairs, Izzat Saber Ismail, announced on Tuesday that the Basra Gas Company had successfully resumed loading and exporting a shipment of condensate, after a forced halt due to the repercussions of the unrest that accompanied shipping and export operations in the region.
Ismail said in a statement received by Shafaq News Agency that Basra Gas Company was able to complete the loading of the tanker Dakosh with 50,000 cubic meters of condensates, stressing that the operation was completed successfully and in full compliance with the requirements of the tenders and the approved technical and commercial standards.
He added that the tanker departed today, after completing the technical and logistical procedures, noting that “this achievement was made possible thanks to the Ministry’s follow-up and the efforts of the staff of Basra Gas Company, and through continuous communication with the relevant authorities in the related companies, which contributes to overcoming challenges and ensuring the smooth flow of export operations.”
The Undersecretary for Gas Affairs affirmed that “the achievements made during times of crisis are evidence of success, perseverance, and a high sense of responsibility,” expressing his hope that the loading and flow of tankers will continue normally in the coming days, which will contribute to strengthening the stability of export operations and fulfilling obligations towards contracting parties.
Ismail pointed out that the Ministry and Basra Gas Company continue to support gas investment operations and maximize the benefit from hydrocarbon products, which enhances national revenues and supports the energy sector in Iraq.
Shafaq.com