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[size=36]Iraqi gas ignites the fever of international competition for it[/size]
Economy | 03:28 - 17/09/2019
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BAGHDAD balances News
compete both the United States, Russia and China, to gain a foothold in Iraq 's oil and gas industry in the north and the south, with Rossi 's quest to secure oil and gas contracts in all parts of Iraq.
Iraq said last week it would like to have one or more foreign partners in the Mansuriyah gas field in Diyala province, east of Baghdad, whose reserves are estimated at 4.6 trillion cubic feet of natural gas, and is expected to peak production of about 325 million cubic feet Daily, who will be the gains in the rounds of licenses to invest Iraqi gas? Will Russia compensate for the missed contracts in the field of oil by obtaining the right to exploit Iraq's natural gas deposits?
On this subject says economist Hammam Shamaa, "The issue of gas in Iraq until recently a mysterious topic, because Iraq did not care in the past years for gas because of its content of oil, and Russia is a gas-producing countries through which large quantities of gas, which is aware That the future will go to gas, and therefore enter the arena of competition, in order to have a market share, after the decline of the era of oil energy, it got contracts in Iraqi Kurdistan, but in the last stage, and because of suspicions in the licensing rounds announced by Iraq, Russian companies got nothing, but they are expected to Iike Wen has a stake in the Iraqi market, and I think the Iraqi government and the oil ministry will be careful not to rely on one party for investment. "
`` As long as there is competition between major powers now to invest gas fields in Iraq, Iraq will be among the largest gas producing countries in the future, and reserves may be the largest among the world's reserves, where companies will be profitable in Iraq because of the abundance of gas and low production and marketing costs. "
He added: "The future transformation will be towards gas before moving towards renewable energy in the next 50 sense will see a huge demand for energy generated from gas, so Iraq will be the subject of competition, but so far there are no digital indicators issued by the Iraqi authorities on this subject, but information indicates that the crutch field The Mansouriya field in Diyala is one of the very large fields, not to mention the gas associated with the oil, which is also available in large quantities.
compete both the United States, Russia and China, to gain a foothold in Iraq 's oil and gas industry in the north and the south, with Rossi 's quest to secure oil and gas contracts in all parts of Iraq.
Iraq said last week it would like to have one or more foreign partners in the Mansuriyah gas field in Diyala province, east of Baghdad, whose reserves are estimated at 4.6 trillion cubic feet of natural gas, and is expected to peak production of about 325 million cubic feet Daily, who will be the gains in the rounds of licenses to invest Iraqi gas? Will Russia compensate for the missed contracts in the field of oil by obtaining the right to exploit Iraq's natural gas deposits?
On this subject says economist Hammam Shamaa, "The issue of gas in Iraq until recently a mysterious topic, because Iraq did not care in the past years for gas because of its content of oil, and Russia is a gas-producing countries through which large quantities of gas, which is aware That the future will go to gas, and therefore enter the arena of competition, in order to have a market share, after the decline of the era of oil energy, it got contracts in Iraqi Kurdistan, but in the last stage, and because of suspicions in the licensing rounds announced by Iraq, Russian companies got nothing, but they are expected to Iike Wen has a stake in the Iraqi market, and I think the Iraqi government and the oil ministry will be careful not to rely on one party for investment. "
`` As long as there is competition between major powers now to invest gas fields in Iraq, Iraq will be among the largest gas producing countries in the future, and reserves may be the largest among the world's reserves, where companies will be profitable in Iraq because of the abundance of gas and low production and marketing costs. "
He added: "The future transformation will be towards gas before moving towards renewable energy in the next 50 sense will see a huge demand for energy generated from gas, so Iraq will be the subject of competition, but so far there are no digital indicators issued by the Iraqi authorities on this subject, but information indicates that the crutch field The Mansouriya field in Diyala is one of the very large fields, not to mention the gas associated with the oil, which is also available in large quantities.
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