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The prime minister's advisor determines the annual cost of flaring gas and predicts a zero-sum date
Economy Today, 15:10
Baghdad - Conscious - Amna Al-Salami
Adviser to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Friday, that the losses of gas flaring and its import are estimated at about $12 billion annually, while he expected that
its burning would be zero and that its uses would reach 100% during the next two years.
Salih said, to the Iraqi News Agency (INA), that
"the losses incurred by Iraq as a result of importing gas to operate power stations, or burning associated gas from the central and southern fields, are estimated at about $12 billion annually,
which is a huge cost on oil resources, and on country's financial resources. He added,
"What the Prime Minister announced about taking several measures to develop the energy sector and invest in associated gas represents the beginning of two things: the
"this provides two things as well, the
"During the next two years, we will reach zero burnt associated gas, and
its uses will reach 100%," stressing that
"this represents an economic and technical process related to economic prosperity and the immunity of the Iraqi environment. "
And the Prime Minister, Muhammad Shia’ al-Sudani, confirmed, during his participation, via a teleconference, in the (Summit for Democracy) conference, based on an official invitation from the president of this summit, President of the United States of America Joe Biden, yesterday, Wednesday, that the
government has taken several measures to develop The energy sector, and the
investment of gas associated with oil extraction, in order
to stop the losses of this important wealth for future generations, and to
obtain an important source for operating power plants, and
reducing environmental pollution.
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Economy Today, 15:10
Baghdad - Conscious - Amna Al-Salami
Adviser to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Friday, that the losses of gas flaring and its import are estimated at about $12 billion annually, while he expected that
its burning would be zero and that its uses would reach 100% during the next two years.
Salih said, to the Iraqi News Agency (INA), that
"the losses incurred by Iraq as a result of importing gas to operate power stations, or burning associated gas from the central and southern fields, are estimated at about $12 billion annually,
which is a huge cost on oil resources, and on country's financial resources. He added,
"What the Prime Minister announced about taking several measures to develop the energy sector and invest in associated gas represents the beginning of two things: the
- first is stopping and zeroing gas burning in order to protect the Iraqi environment from pollution and problems, and the
second is the use of gas after its treatment for the purposes of power stations." He pointed out that
"this provides two things as well, the
- first is the use of burnt gas, which goes to waste, and the
second is to stop imports as much as possible to operate and advance power stations." And he predicted:
"During the next two years, we will reach zero burnt associated gas, and
its uses will reach 100%," stressing that
"this represents an economic and technical process related to economic prosperity and the immunity of the Iraqi environment. "
And the Prime Minister, Muhammad Shia’ al-Sudani, confirmed, during his participation, via a teleconference, in the (Summit for Democracy) conference, based on an official invitation from the president of this summit, President of the United States of America Joe Biden, yesterday, Wednesday, that the
government has taken several measures to develop The energy sector, and the
investment of gas associated with oil extraction, in order
to stop the losses of this important wealth for future generations, and to
obtain an important source for operating power plants, and
reducing environmental pollution.
[You must be registered and logged in to see this link.]
