Iraqi Business News

Iraq Exports First Shipment of Natural Gas

Iraq exported its first shipment of natural gas on Sunday.

Oil Ministry spokesman Assem Jihad said a cargo of about 10,000 standard cubic feet of gas, in the form of condensates, left the port of Umm Qasr.

He declined to name the buyer, but Oil and Gas Year cites sources as saying the ship is on its way to the United Arab Emirates (UAE).

The gas was produced by the Basrah Gas Company (BGC), a joint venture between the South Gas Company (SGC) (51%), Shell (44%) and Mitsubishi (5%).

Article Link

Dinar Updates
Euphrates News