Iraq Launches Basra Gas Company
Iraq’s state-owned South Gas Company (SGC), Shell and Mitsubishi on 1 May announced the official start-up on operations of their long-stalled $17bn Basra Gas Company (BGC). The 25-year BGC joint venture, which will take associated gas from the southern province Rumaila, West Qurna-1 and Zubair fields, will spearhead the development of Iraq’s gas industry and is being touted as the world’s largest flare...
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