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[size=36]The Minister of Oil issues a directive regarding major investment projects[/size]
Economie| 12:55 - 10/06/2021
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Baghdad - Mawazine News
, Minister of Oil Ihsan Abdul-Jabbar stressed, on Thursday, the need to complete major investment projects to support the national economy, while noting the importance of developing work in the Basra Gas Company to increase production to provide gas fuel.
And the media office of the ministry said in a statement that Mawazine News received a copy of it, that "Oil Minister Ihsan Abdul-Jabbar chaired an extraordinary meeting of the opinion body, during which the ministry's major strategic and investment projects and plans were discussed, as they reviewed plans for developing oil fields and emphasizing the completion of projects in support of the national economy." .
He added, "The plan of major projects for the Basra Oil Company in the field of developing storage and export capabilities was discussed, as well as the integrated gas collection project through which gas is collected and refined from the fields (Al-Touba, Al-Luhais, Artawi, Majnoon) and the projects related to this major project, the most important of which is the development of the Artawi field. and construction of central water facilities and infrastructure.
During the meeting, the minister stressed the importance of proceeding with the implementation of major projects that contribute to the sustainable development of the national economy, especially in the field of gas investment and liquidation projects that the ministry is working to implement through the national effort or through cooperation with international companies.
The Minister and members of the opinion panel listened to an explanation given by the CEO of Basra Gas Company “Malcom” regarding the financial business plan to develop the work in the company for the year 2021, which includes the addition of (NGL) units during the years 2022-2023 in addition to the plans for collecting and exporting gas, stressing “the necessity of developing work In the company by investing all capabilities to increase production to provide gaseous fuels for electric power plants and petrochemical industries.
The meeting also listened to the presentation made by the Chinese company CPECC regarding a gas project in favor of the Maysan Oil Company, which is the first of its kind in the province, and the mechanisms for expediting the technical and commercial decisions of the project.
During the meeting, important projects in the liquidation sector were reviewed, including the follow-up to the completion of the Karbala refinery project in the Central Refineries Company and the FCC project in the South Refineries Company, and it was emphasized the necessity of completion according to the prepared plans.
, Minister of Oil Ihsan Abdul-Jabbar stressed, on Thursday, the need to complete major investment projects to support the national economy, while noting the importance of developing work in the Basra Gas Company to increase production to provide gas fuel.
And the media office of the ministry said in a statement that Mawazine News received a copy of it, that "Oil Minister Ihsan Abdul-Jabbar chaired an extraordinary meeting of the opinion body, during which the ministry's major strategic and investment projects and plans were discussed, as they reviewed plans for developing oil fields and emphasizing the completion of projects in support of the national economy." .
He added, "The plan of major projects for the Basra Oil Company in the field of developing storage and export capabilities was discussed, as well as the integrated gas collection project through which gas is collected and refined from the fields (Al-Touba, Al-Luhais, Artawi, Majnoon) and the projects related to this major project, the most important of which is the development of the Artawi field. and construction of central water facilities and infrastructure.
During the meeting, the minister stressed the importance of proceeding with the implementation of major projects that contribute to the sustainable development of the national economy, especially in the field of gas investment and liquidation projects that the ministry is working to implement through the national effort or through cooperation with international companies.
The Minister and members of the opinion panel listened to an explanation given by the CEO of Basra Gas Company “Malcom” regarding the financial business plan to develop the work in the company for the year 2021, which includes the addition of (NGL) units during the years 2022-2023 in addition to the plans for collecting and exporting gas, stressing “the necessity of developing work In the company by investing all capabilities to increase production to provide gaseous fuels for electric power plants and petrochemical industries.
The meeting also listened to the presentation made by the Chinese company CPECC regarding a gas project in favor of the Maysan Oil Company, which is the first of its kind in the province, and the mechanisms for expediting the technical and commercial decisions of the project.
During the meeting, important projects in the liquidation sector were reviewed, including the follow-up to the completion of the Karbala refinery project in the Central Refineries Company and the FCC project in the South Refineries Company, and it was emphasized the necessity of completion according to the prepared plans.
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