Ali Shadad Al Fares
,Basra Gas Company
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The Iraqi Government established Basrah Gas Company in May 2013 to meet the challenge of turning Basrah’s gas wealth into a profitable industry. The Basrah province has always been rich with gas and currently produces enough quantities to create electricity for more than 11mn homes, according to BGC’s website. Given the fact that the company is a public/private joint venture, its structure is unique to the Iraqi market. South Gas Company, which has a a workforce of 5,500 mostly Iraqi employees, is a majority shareholder, sharing the entity with other partners like Shell and Mitsubishi.
