Iraq s Strategy for Gas Utilization

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Transcription:

Iraq s Strategy for Gas Utilization Asri Mousa Expert, Oil and Gas, Iraq Iraq Petroleum 2010 29 Nov. 1 Dec. Conference London, UK

IRAQ GAS RESERVES - 112.6 TCF - This figure shall be officially corrected upward ASS. GAS NON ASS. GAS ESTIMATED E PROBABLE B RESERVES E R E S ARE 275 T C F

Geographical Distribution of Iraqs Gas Reserves Total = 112.6 TCF South North Middle West

Global Gas Flaring BCM / Y - 2008 Satellite Data by WB GGFR Program - No. Country Flared Gas BCM 1 Russia 40.2 2 Nigeria 14.9 3 4 5 6 7 8 Iran Iraq Algeria Kazakhstan Libya Saudi Arabia 10.6 7.0 5.5 5.2 3.7 3.5 9 Angola 3.1 10 Qatar Total Top 10 Total World 3.0 96.7 140

IRAQ CURRENT GAS PRODUCTION, UTILIZATION AND FLARING - MMSCFD - 1600 1400 1200 1000 800 North 600 South 400 200 0 Production Utilization Flaring

Associated Gas Gathering, Treatment and Processing Gas Dry Gas Oil Wells NGL PLANT LPG Manifold Oil Gas/Oil Separation ( Multistage ) Compression (Multistage) Field Treatment Processing (Broad-Cut) Natural Gasoline Product Separation Gas Chain Infrastructure in Southern Iraq

K3 TO NORTH GAS Kubaisa ce. Fertilizer factory Mussaib P.S. PS4 Khor P.S. Hilla P.S. STEEL- MILL PS3 Najaf P.S. Kufa ce. Hartha P.S. Nassiriyah P.S. PS2 Muthana ce. Najibiyah P.S. STRATEGIC GAS LINE Petro chemical NGL PLANT GTU Basrah Re. TUBA T. F. Shuaba P.S. ZUBAIR SLUG CATCHER KHOR AL - ZUBAIR NGL PLANT PS1 ZUBAIR.1 ZUBAIR.2 CS5 CS4 CS3 CS2 CS1 QUR. SH CS SR. S JA. CS SOUTH GAS NETWORK

IRAQ GAS PRODUCTION CAPACITY EXPANSION (2013 2016) - MMSCFD - 9000 8000 7000 6000 5000 4000 3000 2000 1000 0 2013 2014 2015 2016 Other Fields LR 3 Fields LR 2 Fields LR 1 Fields

IRAQ GAS PROCESSING CAPACITY EXPANSION - MMSCFD - 8000 7000 6000 5000 4000 NORTH 3000 SOUTH 2000 1000 0 EXISTING FUTURE

PLANNED NEW GAS INFRASTRUCTURE 5 Gas Plants in the South : 3650 MMSCFD 2 Gas Plants in the North : 1000 MMSCFD 2 Dry Gas Pipelines : 3000 km LPG Pipeline : 1000 km

DOMESTIC GAS DEMAND - MMSCFD - 4000 3500 3000 2500 2000 1500 1000 Power Gen. Industry Petroleum Op. 500 0 -Domestic Gas Demand shall be finalized after completing the Integrated National Energy Strategy (INES) study

IRAQ FUTURE GAS DOMESTIC DEMAND AND EXPORT BCM / Y 60 50 40 30 20 10 0 Domestic Export

Iraq s Strategy to Develop Gas Sector and Utilize Gas Reserves Adopting a multi-track strategy to develop gas sector and leverage the key elements that drive the country to emerge as a gas producer and exporter. Establish Joint Ventures with reputable international gas companies. Build gas gathering and processing facilities within the scope of work of oil fields License contracts. Signing License contracts for gas fields.

National Efforts to utilize gas from un-contracted fields. Complete pan-country gas infrastructure to meet domestic demand. Draw projects for future gas export. Expand gas infrastructure for export. Exploration for more gas.

The Gas Joint Venture Model A joint venture between an Iraqi state-owned gas company and a sound gas international firm(s) on balanced and transparent terms is the best option to develop the gas sector in Iraq and upgrade it to world- class gas industry taking into consideration the huge volume of gas produced, magnitude of investment required, need for technology deployment and development of national human resources.

Gas Joint Venture Concept P A R T N E R S 49%INVEST. 49%Dividends JV 51%INVEST. - BU ILD & O PERAT E FACILIT ES Raw Gas Supply I R - T RAIN IN G & D EVELO PMEN T Raw Gas Payment 51%Dividends - PRODUCT S MARKET IN G TAX A Q Export Domestic A B C D A B C A- Dry Gas, B- LPG, C- N.Gasoline, D- LNG

Conclusions Iraq s gas reserves present the country to be one of the main gas producers and exporters in the world. The country s gas production is on the way to multiply five folds to reach more than 70 BCM a year within the next seven years. A multi-track strategy is a key solution for Iraq to face up the numerous challenges encompassing its gas reserves utilization. Iraq needs equitable partnerships with experienced international gas industry players to develop its vast gas resources and build its gas sector into a world-class industry. Exploration for more gas is required to compensate Exploration for more gas is required to compensate for depletion with special focus for non-associated gas finds.

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