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The Cabinet approves the contracts for the fifth licensing round in Diyala

rocky
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The Cabinet approves the contracts for the fifth licensing round in Diyala Empty The Cabinet approves the contracts for the fifth licensing round in Diyala

Post by rocky on Thu 23 Jan 2020, 9:02 am


The Cabinet approves the contracts for the fifth licensing round in Diyala

17:34 - 01/23/2020



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The information / Baghdad ..
On Thursday, the Council of Ministers announced the approval of contracts for the fifth licensing round in Diyala to enhance energy self-sufficiency and reduce dependence on imported gas.
The Prime Minister’s Office said, in a statement received / information / that “the Cabinet approved the recommendation of the Ministerial Energy Council (Paragraph 4 No. 8 of 2020) to approve the contracts for the fifth licensing round related to the development of border fields, areas, and gas fields in Diyala Governorate, which would produce more Of the 750 million standard cubic feet of gas during 36 months. ”
He added, “The Ministerial Energy Council formed a specialized committee to follow up on all the gas projects associated with international and national companies to increase production levels and develop the pipeline network and ensure the necessary funding for government projects during the next twelve months as a first stage aimed at resolving the fuel shortage crisis required for power stations and ending gas burning operations And investing it towards self-sufficiency.
The office pointed out that “the Ministerial Council for Energy authorized the Ministry of Oil to secure alternative fuels for power stations to meet demand until the crisis eases and improves the performance of the energy system in all its sectors in general.” End 25 Q


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