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Annual Report
Eventual gas volumes will depend on crude production levels,
which are currently targeting crude output of over 1.1 million b/d by
2020, up from around 120,000 b/d. If this achieved, sales gas levels
could be around 600 million cubic feet/day, with raw gas production
of around 300-350 million cubic feet/day from CNPC’s 535,000 b/d
Halfaya project, in which Total is a partner, and a similar amount from
the Misan fields project. Additionally there will be gas produced in
association with oil from state owned Misan Oil Company’s (MOC’s)
Nur and Amara fields. MOC has boosted Nur output from 5,000 b/d
last year to over 20,000 b/d and is eyeing eventual production of
100,000 b/d, in addition to 60,000 b/d at the Amara field.
Iraq and Iran signed a preliminary agreement for building a 48-
inch gas pipeline to Iraq. The pipeline, which is expected to cost $450
million, will have a transmission capacity of 25 million cubic meter/day.
The pipeline is intended to provide gas for Iraq’s two largest thermal
power plants, Sadr and al-Quds. These are in the eastern suburbs of
Baghdad and have a combined generating capacity of 2.5 Gigawatt.
Iraq seeks to utilise its vast natural gas resources. In this
context, projects were implemented to develop three gas fields and
contracts were initialled for Al-saybah field in south of the country,
Almansouriah in the north east, and Akkass field in the western
region. These projects aim to exploit the free natural gas and its
derivatives to meet the demand of the local market and to export
surplus to foreign markets.
2-4 Kuwait
Kuwait’s Jurassic gas development project is still facing several
challenges as the production rate of first phase has been standing at
140 million cubic feet/day since several years and has not reached the
target of 175 million feet/day of gas and 50,000 b/d of condensate.
