BGC Exports first Semi-Refrigerated LPG Shipment

By John Lee.

Basrah Gas Company (BGC) has exported its first semi-refrigerated liquefied petroleum gas (LPG) shipment from Umm Qasr jetty.

The General Manager of BGC, Malcolm Mays, said the export of the first shipment of semi-refrigerated liquid gas is a great and historical achievement for Basra Gas Company, noting that this came as a result of working hard and continuously to achieve the strategic goal by rehabilitating Umm Qasr jetty and equipping it with chiller units to be used in export operations.

He added that BGC is able to load and export both types of liquid gas: pressurized and semi-refrigerated, through vessels, saying that this step gives the flexibility and the opportunity to triple exports globally via tankers, as it will double the exported quantity per shipment.

(Source: Ministry of Oil)

The post BGC Exports first Semi-Refrigerated LPG Shipment first appeared on Iraq Business News.

Iranian Gas passed off as Iraqi Origin

By John Lee.

Media in Pakistan report that Iranian LPG has been illegally imported into the country under the guise of Iraqi product.

According to Business Recorder, the latest case is one of five ships which are allegedly involved in the illegal import of Iranian LPG using a falsified declaration of origin.

Pakistan’s Ministry of Interior (MoI) has reportedly directed the authorities to take action against the carrier.

More here.

(Source: Business Recorder)

The post Iranian Gas passed off as Iraqi Origin first appeared on Iraq Business News.

Iraq to Invest $3bn in Basra Gas Company

By John Lee.

Iraq’s Oil Minister, Ihssan Abdul-Jabbar Ismail (pictured), has said that Iraq will invest $3 billion in the Basra Gas Company (BGC) over the next five years, as it pushes ahead with plans to increase gas production.

The money will fund projects intended to increase BGC’s gas production capacity from 1,000 to 1,400 million standard cubic feet per day this year, and further to 2,400 million standard cubic feet per day by 2025.

There will also be an increase this year in the quantities of LPG, up from 30,000 tons to 70,000 per month.

(Source: Ministry of Oil)

The post Iraq to Invest $3bn in Basra Gas Company first appeared on Iraq Business News.

Video: Iraq Struggles to switch to LPG

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News.

Iraq struggles to switch from use of imported fuel to national gas

The Iraqi government is trying to get people to switch from imported fuel to locally produced gas.

All new public transport vehicles must run on liquefied petroleum gas or LPG.

But despite awareness campaigns and government subsidy, users are reluctant to move away from traditional fuel.

Al Jazeera‘s Osama Bin Javaid reports from Baghdad: