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In detail.. Oil clarifies the Cabinet's decision on negotiating to develop Nasiriyah fields
- Time: 11/09/2021 18:49:56
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{Economic: Al Furat News} The Ministry of Oil clarified that the Council of Ministers decided, in its session, held today, Tuesday, to negotiate with the American company Chevron to develop the Nasiriyah fields.
The useful summary.. In important news, you can find it on Al-Furat News Channel on Telegram.. [You must be registered and logged in to see this link.]
And it stated in a statement, which {Euphrates News} received a copy of, that “the Council of Ministers decided to authorize the Iraqi National Oil Company the authority to negotiate directly with the American company Chevron to develop oil fields in Dhi Qar Governorate, through the implementation of the Nasiriyah province project for oil and gas production, Which includes the development of four exploration blocks in the province.
She added, "This project constitutes an important addition that contributes to strengthening and sustaining national production in support of the national economy and sustainable development projects targeted by the government and the ministry. The ministry's plan in Dhi Qar governorate includes the completion of a group of giant projects in the oil, gas and water injection sectors, with an initial target capacity of 600,000 barrels." of crude oil per day during the seven years of starting business.
The ministry added, "It may be followed later by the establishment of solar energy projects to produce electricity, and it is hoped that these projects will contribute to strengthening and sustaining national production, advancing and developing infrastructure, and increasing development opportunities for private sector companies in the governorate, as well as providing job opportunities."
[You must be registered and logged in to see this link.]
{Economic: Al Furat News} The Ministry of Oil clarified that the Council of Ministers decided, in its session, held today, Tuesday, to negotiate with the American company Chevron to develop the Nasiriyah fields.
The useful summary.. In important news, you can find it on Al-Furat News Channel on Telegram.. [You must be registered and logged in to see this link.]
And it stated in a statement, which {Euphrates News} received a copy of, that “the Council of Ministers decided to authorize the Iraqi National Oil Company the authority to negotiate directly with the American company Chevron to develop oil fields in Dhi Qar Governorate, through the implementation of the Nasiriyah province project for oil and gas production, Which includes the development of four exploration blocks in the province.
She added, "This project constitutes an important addition that contributes to strengthening and sustaining national production in support of the national economy and sustainable development projects targeted by the government and the ministry. The ministry's plan in Dhi Qar governorate includes the completion of a group of giant projects in the oil, gas and water injection sectors, with an initial target capacity of 600,000 barrels." of crude oil per day during the seven years of starting business.
The ministry added, "It may be followed later by the establishment of solar energy projects to produce electricity, and it is hoped that these projects will contribute to strengthening and sustaining national production, advancing and developing infrastructure, and increasing development opportunities for private sector companies in the governorate, as well as providing job opportunities."
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