BGC is an Iraqi company established to meet an Iraqi challenge, BGC’s strategic plan is aligned with the ambition of the Government of Iraq, to capture larger volumes of associated gas and reduce gas flaring while diversifying revenue streams. Our intent is to grow BGC to become the safest, most reliable and highly performing Iraqi gas company, recognized for delivering the country’s vision turning its gas resources into the catalyst of social stability and development.
Currently BGC is capturing more than 60% of associated gas produced by three giant oil fields: Rumaila, West Qurna 1 and Zubair. Since BGC’s commencement of operations in 2013, we accomplished significant achievements, BGC managed to ramp up production from 250 mmscf/d to 900mmscf/d – that’s more than 3 times gas produced and enough to provide approximately 3.5 GW of electricity for millions of homes in Iraq.
In June 2022, BGC successfully exported the first ever semi-refrigerated LPG shipment from the BGC Umm Qasr jetty. This was a historical achievement in BGC’s and Iraq’s oil and gas history, a milestone to be proud of. BGC has been working relentlessly to meet its strategic plan, by upgrading Umm Qasr Marine Terminal and installing the necessary chiller units, to bring this project into fruition.