In this article, we will talk about the Wataniya bitumen 80/100 briefly. We will also analyze the factors that affect the bitumen market to some extent. At present, Iraq’s plans to export natural gas are far from expected, as the

country desperately needs natural gas to supply the fuel needed for its

power plants. As you might know, all these events have a noticeable

influence on the market.

 

Iraq Wataniya bitumen

 

Generally speaking, the shortage of natural gas as fuel for Iraq’s power plants

has led to the production of less than the capacity of the country’s power

plants, also due to the use of heavy fuel, which has a lower efficiency than

gas, consuming Non-optimal fuel are also encountered. In other words,

supplying gas to Iraqi power plants will increase the efficiency of

these power plants, because they no longer need to use heavy,

low-efficiency fuel.

Pipeline designs, natural gas exports and the Wataniya bitumen 80/100

Before the Gulf War in 1990-1991, Iraq exported natural gas to Kuwait. In fact, Gas from the Romala field was sent through a 168-kilometer (105-mile)

pipeline with a capacity of 400 million cubic feet per day (11.3 million cubic meters per day) to Kuwait’s central processing center in Ahmadi. Moreover, the Iraqi Ministry of Oil intends to rehabilitate and use the

Mothballed pipeline, although no company has so far undertaken the project. Other options include:

The Nabucco gas pipeline, which was to supply part of the gas needed

by European countries to reduce dependence on gas imported from Russia,

as well as to diversify their gas supply sources, is at 3,300 to 4,000. According

to the announced plans, the construction of this 56-inch pipeline was about

to start in 2011 and its first phase will they will complete by the end of 2014

with a capacity of 8 to 10 billion cubic meters per year, and phase 2 of

this pipeline to reach the capacity 31 billion cubic meters will be

operational by 2018, but they halted the whole project due to various problems.

The oil, gas and the Wataniya bitumen 80/100

It’s also worth mentioning that the pipeline consortium was to supply gas

from Phase 2 of the Shah Deniz field in Azerbaijan, the gas fields of

Turkmenistan and Kazakhstan, as well as gas from the northern fields of Iraq. In July 2009, Iraqi Prime Minister Nouri al-Maliki announced that Iraq could

export 530 billion cubic feet of gas a year (15 billion cubic meters per year /

41 million cubic meters per day) to Europe from 2015. In addition to the above, this amount of gas would be half the capacity of the Nabucco gas pipeline

if the project were in progress. Meanwhile, energy experts from the

European Union believed that when the Nabucco pipeline project was still

on the agenda, Iraq could extract between five and 10 billion cubic

meters of Nabucco gas from its gas resources in Kurdistan Region.

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