Iraq’s Basrah Gas Company (BGC: state-owned South Gas 51%, Shell 44%, Mitsubishi 5%) is reaping the benefits of its new gas processing plants. Exports of valuable LPG have increased to record levels following the commissioning of the second 200mn cfd unit of its BNGL expansion facility in April (MEES, 6 June).
BGC has exported 89,000 tons of LPG in August as per Kpler data, on par with the 90,000 ton record which was set in May. With year-to-date exports of 529,000 tons, BGC is on course to smash last year’s 562,000 tons, which was itself a clear record. Absent unexpected outages, last year’s record should be exceeded at some point in September. (CONTINUED - 208 WORDS)