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Kuwait expects to agree with Iraq on the price of gas within two months
Economy News _ Baghdad
The Minister of Oil and Electricity and Water Minister Bakhit Al-Rashidi, on Monday, expressed optimism about the progress of the negotiations on the import of natural gas from Iraq, expected to be agreed within two months on the price of gas.
"The negotiations have reached an advanced stage, but so far it has not been agreed to set the final price of the gas unit," Al-Rashidi said in a statement to the Kuwaiti daily Al-Rai.
He added that he will "strive to raise the efficiency of production plants to the maximum extent possible to find solutions instead of building new stations," noting that "will be focused on the projects of future stations on the use of gas in the production processes for cheap prices and quality of efficiency and environmental safety."
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