Basrah Gas company

In 2013, Basrah Gas Company (BGC) was established as a 25-year incorporated Joint Venture between Iraq’s South Gas Company holding 51%, Shell 44% and Mitsubishi Corporation 5%. As the main gas processing hub in Iraq, BGC plays its role in fulfilling Iraq’s strategy of energy independence and economic diversification through exports by capturing currently flared gas from three field Rumaila, West Qurna 1 and Zubair.

In December 2018 BGC reached a peak production rate of 1035mmscf/d, the highest in Iraq’s history. This is enough gas to generate approximately 3.5 GW of electricity - enough to power three million homes. BGC currently supplies 70% of Iraq’s LPG, and through expansion of its export capabilities, has helped turn Iraq from a net importer to a net exporter of LPG since 2017.

in February 2019, BGC and CitiBank signed a first credit agreement – the first commercial loan extended by CitiBank to an Iraqi corporate entity, showcasing the increasing ability of well-run Iraqi companies to attract foreign investment.

BGC is one of the largest flare reduction projects in the world.

More about Shell in Iraq

Who we are

Shell Iraq B.V. is part of a global group of energy companies. Our aim is to meet the energy needs of society, in ways that are economically, socially and environmentally viable, now and in the future.

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