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Iraq currently imports 2 billion cubic basic feet to fulfill domestic requirements. The project entails building a gas complex efficient in separating and processing the gas connected with petroleum that is drawn out from the Ratawi, West Qurna 2, Majnoon, Tuba and Luhais oil fields. Iraq presently lacks the ways to record this gas and it is burnt in the atmosphere.

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Once processed, the gas can be fed to power plants to fulfill domestic electrical power requirements. Story continues, Iraq has said it prepares to eliminate gas flaring in the next two to three years. The World Bank estimates Iraq flares around 16 billion cubic meters of gas daily. But market officials and technocrats inside the Oil Ministry said even more urgent for the well being of Iraq's oil industry was the seawater advancement element of the plan of deals.

To keep present production rates and satisfy future targets, water is reinjected into the field to preserve well pressure. Authorities state the signing of the offer was pushed ahead by Prime Minister Mustafa al-Kadhimi ahead of nationwide elections next month in spite of reservations from ministry technocrats who harbor doubts that Total is serious about executing the seawater element."The Oil Ministry and the (state-owned) Basra Oil Company have doubts that Total is major about the seawater task.

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An authorities with BOC expressed the same issue. They spoke on condition of anonymity since they were not authorized to inform the press. Market and ministry officials have alerted that adequate water materials for reinjection is not guaranteed amid lacks and there is no other option in place.  Another Point of View  with Overall mirrors another multi-project offer that had actually been under settlement for several years with U.S.

However following years of painstaking talks the deal fell through. The Overall offer also comes as other oil business prepare their exit from Iraq. Exxon revealed this year it would be selling its shares from West Qurna 1 oil field. The oil minister has likewise said that British Petroleum will spin off advancement of the Rumaila oil field, the country's largest.