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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: New contracts will be signed soon to increase gas production

    Rocky
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     Oil: New contracts will be signed soon to increase gas production Empty Oil: New contracts will be signed soon to increase gas production

    Post by Rocky Fri 07 May 2021, 7:25 am

    [size=36]Oil: New contracts will be signed soon to increase gas production[/size]



    • Oil: New contracts will be signed soon to increase gas production









    •  May 7, 2021




     
    Baghdad/
    Today, Friday, the Ministry of Oil announced the imminent signing of new contracts to increase gas production.
    "The ministry has developed an investment plan worth three billion dollars to raise the production capacity of the Basra Gas Company to 1,400 million standard cubic feet per day," ministry spokesman Assem Jihad said in a press statement, indicating that "the current production reaches about 900 to one thousand million cubic meters. Standard from the Basra Gas Company only, ”pointing out that“ the contract for the development of the Mansouriya gas field, which is one of the fields known as free gas in Diyala province, has been awarded. ”
    He added that "the production capacity that the ministry aspires to is to reach 300 million standard cubic feet per day," noting that "the ministry is in talks with international companies to develop the gas crutch field, and discussions are continuing with international companies after Eid Al-Fitr."
    Jihad stated that “the ministry will sign within the coming period with (Baker News General Electric) a contract to develop or invest all the gas in Dhi Qar Governorate,” explaining that “an agreement has been made with Chinese companies to invest all the gas in Maysan Governorate.”
    He emphasized that "the ministry recently laid the foundation stone for a very large project, which is to invest 400 million standard cubic feet per day from the Artawi field," stressing that "the ministry has advanced discussions with (Total) after the agreement and the signing of the contract."
    Jihad noted that "the company aims to achieve an increase from 300 to 600 million standard cubic feet, and thus Iraq will achieve almost a high percentage of gas associated with oil operations that will generate large quantities and will also be reflected in the Iraqi national production."
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