Economics
Shell announces final investment decision on Basrah Gas company growth programme
Shell Iraq today announced a Final Investment Decision (FID) taken by the Basrah Gas Company (BGC) on its growth programme, which will increase BGC’s current capacity by 40%. FID was taken on 31st January 2019, with support of all shareholders in the BGC Joint Venture: South Gas Company, Shell and Mitsubishi. The programme will capture flared gas from the three major oilfields Rumaila, West Qurna 1 and Zubair and convert it into dry gas for power generation and liquids for the domestic market and for exports.
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