Mubasher: China's Petroleum Engineering and Construction Corporation (CPECC) and Iraq's Basra Gas Company (BGC) have signed a contract for the construction of a natural gas liquids (NGL) plant in the Iraqi southern province of Basra.

The new facility will increase BGC’s gas production capacity by 40%, according to China’s Xinhua News Agency.

"We are delighted to have been selected by BGC to be part of this strategically important gas project. Winning this important contract represents a new recognition of our proven capacity in project execution in Iraq,” Xinhua reported, citing CPECC President Liu Haijun as saying.

Slated for completion at the end of 2020, the new project will reduce gas flaring and increase dry gas supply and NGL exports.

"this is a significant milestone. We are happy to see that CPECC has been awarded to be the main contractor for the Basra-NGL plant -- responsible for all the construction, installation and the site works for the plant," BGC’s managing director Frits Klap commented.

Source: Mubasher

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