of Iraq is exporting gas to Kuwait soon

by **Rocky** Thu 21 Sep 2017, 7:19 am

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of Iraq is exporting gas to Kuwait soon

by Rocky Thu 21 Sep 2017, 7:19 am

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of Iraq is exporting gas to Kuwait soon[/size]
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Iraq is close to exporting crude gas to Kuwait as part of an agreement between the two sides, Oil Minister Jabbar al-Luaibi said on Thursday.

"The joint technical committee between Iraq and Kuwait has taken advanced and important steps to expedite the implementation of the agreement for the export of Iraqi crude gas surplus from the need of Iraq from the Rumaila field to the brotherly Kuwait," al-Allaibi said in a statement to the News Agency.

"The Joint Commission has completed all relevant procedures and is now finalizing the implementation of the agreement in the near future," he added.

Al-Allaibi pointed out that "the agreement provides for the export of 50 million cubic feet per day of crude gas from the Rumaila field in the province of Basra within the first phase up to (200) million standard cubic feet per day within the second phase of the Convention."

On the other hand, al-Luaibi welcomed the ratification by the brotherly Kuwaiti side of the memorandum of understanding signed between the Iraqi and Kuwaiti oil ministries and the issuance of an Amiri decree approving the provisions of the memorandum on the development and exploitation of the common border fields in the interest of the two brotherly countries.

He said this is a great achievement achieved after decades, which puts things in perspective and contributes to the settlement of all outstanding issues between the two brotherly countries and works to strengthen bilateral relations between the two countries and expand investment opportunities and prospects for joint cooperation.

Al-Luaibi praised the Kuwaiti brothers' position and their sincere desire to cooperate seriously and to harness all available resources to support Iraq and its dear people.

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