The authorized director of Basra Gas Company, Andrew Weber, announced the export of 25,000 tons of condensate (C5) through the port of Umm Qasr. The condensate is used in chemical industries.
Weber has stated in a statement, which has been reported by Al-Sabah newspaper and seen by Al-Maalouma, that exporting such a large quantity of condensates is a significant achievement for the company. He also mentioned that this abundant amount will add significant value to exports and contribute to enhancing Iraq’s revenues.
The Basra Gas Company recently completed its largest export process to date in terms of volume. This will allow them to discover new export markets, reducing their dependence on a single market and making them a global player in the field of petroleum gas. The company’s success in exporting liquefied and condensate gas has put it at the forefront of the industry.
As per the statement of the authorized director, the tanker Marlin successfully carried around 25,000 tons of condensate (C5) through Berth-1 at the Umm Qasr export port. This was made possible after the successful completion of the deepening project. The director mentioned that the company used to load only 16,300 tons of condensate, but with increased production, they were able to raise the shipment to 25,000 tons safely and efficiently. This means that larger shipments can now be loaded on tankers of the same size, which will enable the company to increase its current and future export capacity.
Condensate (C5) is utilized as a feedstock for the petrochemical industry and blended to produce gasoline and other products.
Weber has pointed out that the Basra Gas Company has significantly increased its production of associated gas. When it was established in 2013, it produced much less than it does now. This increase has allowed the company to prevent more than 160 million tons of carbon dioxide from entering the atmosphere. With the full operation of the Basra gas liquefaction plant, the company will be able to prevent an additional 10 million tons of carbon dioxide from polluting the atmosphere. This means that the company will be able to get rid of a total of about 30 million tons of carbon dioxide annually. The efforts of the Basra Gas Company are commendable and will help to reduce the amount of greenhouse gases in the atmosphere.
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