Iraq starts gas condensates exports to UAE: Report

The 10,000 cubic metres cargo marks the first foreign sale of a gas product by the OPEC nation

Picture for illustrative purpose only.
Picture for illustrative purpose only.

A tanker carrying Iraq's first exported cargo of gas condensates, produced by a joint venture with Shell, left the southern port of Khor Al Zubair on Sunday, heading to Fujairah in the UAE, an Iraqi Oil Ministry spokesman has told Reuters.

The 10,000 cubic metres cargo marks the first foreign sale of a gas product by the OPEC nation, spokesman Asim Jihad told Reuters.

The cargo is produced by the Basrah Gas Company, a joint venture between Iraq state-run South Gas Co., Shell and Mitsubishi.

The company captures the associated natural gas produced with oil from fields in southern Iraq, processing it mainly to fuel power stations and as cooking gas for the domestic market.

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