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Losses from Targeting the Kormor Gas Field Exceed $4 Million Per Day

According to an analysis by Dr. Bestoon Mohammed, an oil and energy expert, the attack on the Kormor gas field has caused direct losses exceeding $4.15 million per day. These losses include natural gas, liquefied petroleum gas (LPG), and condensate, excluding indirect losses and the impact on electricity supply.

بڵاوکراوەتەوە لە : 10 تشرینی دووەم 2026

Losses from Targeting the Kormor Gas Field Exceed $4 Million Per Day

قەبارەی دەقەکان

قەبارەی دەقەکان

 Draw Media:

The estimated direct losses amount to more than $4.15 million per day, broken down as follows:

1. Natural Gas

Daily production halted: 700 million cubic feet.
Estimated price: $3.30 per million cubic feet.
Daily loss: $2.31 million.


2. Liquefied Petroleum Gas (LPG)

Daily production halted: 1,400 tonnes.
Estimated price: $720 per tonne.
Daily loss: $1.008 million.


3. Oil Condensate

Daily production halted: 22,000 barrels.
Estimated price: $38 per barrel.
Daily loss: $836,000.
Important Note: These estimates do not include companies' shutdown costs, transportation expenses, or indirect losses resulting from reduced electricity supply.
 

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