30/06/2011
Specialists: Iraq will meet the global demand is expected for 2030
As the largest countries in the world to own oil and gas reserves
بغداد- وكالات BAGHDAD - Agencies
Experts believe that the implementation of power projects in Iraq witness a slowdown, despite the willingness of Iraqi Prime Minister Nuri al-Maliki's government more efficient, especially in the provision of electric power.
Iraq has suffered a severe shortage of electricity has led to many of the affected service facilities and economic services and the deterioration of the majority of the population.
According to sources, negotiations between Shell and the Oil Ministry and the two attorneys that represented by Shell, Mitsubishi has ended successfully concluded and the ability to reach the final version of the contracts.
Shell, Mitsubishi and waiting for them to call the ministry signed and initialed after the submission of the contracts for final approval by the Council of Ministers.
It is believed Mr Malcolm Fraser, an expert specialist in energy it is better to sign a gas deal between the southern Iraqi government and Shell and Mitsubishi in the shortest time to achieve investment and enjoy more of the Iraqi people of electricity.
He added: We would like to stress that the deal is fully compatible with the plan of the main power supplied by the Deputy Prime Minister Hussein al-Shahristani, in Istanbul in the (February) February 2011.
According to experts, the alternative ways of representing long negotiations with other companies and other companies to repeat the studies extended to accommodate the work required and expensive solutions for Iraq.
Which means more delays and power outages in the summer.
Experts believe he always waited for the gas deal with the Iraqi Shell reach the stage of the final decision is the deal, which began its maiden voyage in 2008 signed a preliminary agreement between the Ministry of Oil and Shell. And put the deal to conceive of an Iraqi company for a joint project between the South Gas Company owned by the state (which owns the majority of shares) and Shell to set up a median integrated distinct, and its mission is to collect, process and provide gas for the product currently being burned often (billion cubic feet per day output and 70 percent of it burn) with liquefied natural gas (used in cooking and industry) and condensate (natural gasoline Kdezl used in vehicles).
According to official statistics, the amount of gas burned enough to produce 4,500 megawatts, taking into account that the generation of the current energy group in Iraq is 6500 MW), and can produce 4000 tons per day of liquefied natural gas (equivalent to 320,000 cylinder gas cooking per day), and 770 tons of condensates (enough to power 75,000 vehicles). During the last three years of negotiations have made Shell and South Gas Company made significant progress on the ground and in the agreements ..
Shell has invested one hundred million U.S. dollars, through the purchase of a unit GE's engineering experts and technicians to review the status of facilities and to provide advice on rehabilitation plans.
I have worked and Shell Gas and South together on a number of opportunities for so-called 'quick wins', which is already allowed to reduce gas flaring in southern Iraq, about 20 percent.
Now there is an urgent need to invest heavily in facilities to qualify, and of course can not be done until after the signing of final agreements.
The Iraqi Ministry of Oil and Shell have agreed to provide more gas for the domestic market of Iraq and turn it into fuel to generate electricity to meet the large deficit, which causes power outages, and despite the fact that there is an urgent need in Iraq for electricity, but it is not clear yet whether Shell and Mitsubishi will continue to work together in a project to run gas turbines and the provision of mobile units for power generation and strengthening of the national electricity grid, particularly in the city of Basra.
It is noted that Shell had signed an agreement with the Iraqi Oil Ministry in September 2008, sets out the principles for the establishment of commercial joint venture between Shell, South Gas Company.
He said that the South Gas Company to be the largest contributor by 51 percent in a joint venture with Shell holding 44 percent and Mitsubishi 5 percent.
Once established, this joint venture will work to collect and process raw gas and the sale of natural gas (and related products such as condensate and liquefied petroleum gas) for use in local markets and export markets.
It is noteworthy that Iraq is among the largest countries in the world to own oil and gas reserves on the way to play a key role in meeting the global demand is expected for the year 2030. And as such, it is difficult to see the future without Iraq and its role certainly in the provision of global energy supply and the balance between supply demand.
http://translate.googleusercontent.com/translate_c?hl=en&prev=/search%3Fq%3Dwww.alsabaah.com%26hl%3Den%26client%3Dmozilla%26rls%3Dorg.mozilla:en-US:unofficial&rurl=translate.google.com&sl=ar&twu=1&u=http://www.alsabaah.com/ArticleShow.aspx%3FID%3D9917&usg=ALkJrhix2-bZdFOeHC6Q9jwFMHhSwhkOew
