Wednesday, November 6, 2024

Baghdad

Akkas gas field to supply Anbar power plant with 100 million feet of gas

 Akkas gas field to supply Anbar power plant with 100 million feet of gas

An employee turns a valve at the Nahr Bin Omar natural gas field, north of the southern Iraqi port of Basra. Photo: AFP

Baghdad (IraqiNews.com) – The Iraqi Ministry of Oil announced on Tuesday that it will cooperate with the Ministry of Electricity to supply the national grid with 1,640 megawatts.

The Oil Ministry’s Undersecretary for Gas Affairs, Izzat Sabir, said in a statement issued following a meeting between officials from the two ministries that the Oil Ministry is keen to meet the needs of the Electricity Ministry, particularly after concluding agreements with foreign companies to utilize associated gas and develop gas fields in Iraq, the Iraqi News Agency (INA) reported.

Sabir elaborated that the meeting addressed coordination between the two ministries to supply a gas-operated power plant in the western Iraqi governorate of Anbar with 100 million cubic feet of gas per day from the Akkas gas field.

According to Sabir, the step will enable Anbar’s power plant to generate 1640 megawatts of electricity by mid-2025 as part of a larger plan allowing the gas field to produce 400 million cubic feet per day over four to five years.

The Akkas gas field, which was found in 1992, has approximately 5.6 trillion cubic feet of confirmed natural gas deposits.

The Iraqi Ministry of Oil announced in April that it had signed a contract with the Ukrainian company Ukrzemresurs to develop the Akkaz gas field in western Iraq.

The Akkas gas field, which has sizable reserves, was being developed by the Korea Gas Corporation (KOGAS), a South Korean public natural gas company, before Ukrzemresurs won the contract.