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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Oil reveals the content of the agreement to supply Kuwait with gas

    Rocky
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    Oil reveals the content of the agreement to supply Kuwait with gas Empty Oil reveals the content of the agreement to supply Kuwait with gas

    Post by Rocky Fri 24 Nov 2017, 2:27 pm

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    Oil reveals the content of the agreement to supply Kuwait with gas
    The Ministry of Oil, on Friday, details of the agreement to supply Iraq to Kuwait with gas from Rumaila fields in the province of Basra, stressing that the agreement will fill part of Iraq's compensation to Kuwait.
    "The ministry has an agreement with the Kuwaiti side to provide Kuwait with crude gas from Rumaila fields in the province of Basra," Oil Ministry spokesman Assem Jihad told the Journal News.
    "The agreement is in its final stages. Kuwait will supply 50 million standard cubic feet per day in the first phase, and then reach 200 million standard cubic feet per day," he said.
    He said that "the crude gas will be issued to Kuwait instead of being burned in the fields," adding that "the agreement strengthens economic cooperation between the two countries."
    "The provision of gas to Kuwait will contribute to the payment of part of the debts owed by Iraq as compensation to Kuwait because of violations of the former regime."
    "The ministry has reached the final stages of implementation of the agreement with Kuwait, where there is only the agreement on the price of the unit according to international prices."
    During his recent visit to Kuwait, President Fuad Masum stressed the importance of activating and developing the economic relations between the two countries, especially in the oil field, thus contributing to the debt burden on Iraq to the Kuwaiti side.

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