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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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    Hamza El-Gawahry: The agreements with Siemens are a good step for investing in gas

    Rocky
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    Hamza El-Gawahry: The agreements with Siemens are a good step for investing in gas Empty Hamza El-Gawahry: The agreements with Siemens are a good step for investing in gas

    Post by Rocky Mon 30 Jan 2023, 5:47 am

    Hamza El-Gawahry: The agreements with Siemens are a good step for investing in gas

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    Economy News-Baghdad
    Energy expert, Hamza Al-Jawahiri, praised, on Monday, the government's moves towards Siemens to invest in Iraqi gas.
    Al-Jawahiry told "Al-Eqtisad News" that "the prime minister's visit to Germany and the signing of the agreement with Siemens is a very important step, as Germany can invest gas in gas fields such as Akkas, Mansouriya, Siba, Al-Khashm Al-Ahmar and Anja," noting that "these fields are sufficient for Iraq to operate power stations despite Some of them are located within the disputed areas.
    Regarding Kurdistan's oil, Al-Jawahiri explained that "the company that exports oil from the Kurdistan region asked for $256 million, and thus it wants new prices that the regional government rejects."
    He pointed out that "the region currently sells oil to Turkey and then to the countries of the world."
    [size]
    Earlier, Prime Minister Muhammad Shia al-Sudani said that the field of electricity is the subject of previous continuous cooperation between Iraq and Siemens, and a memorandum of understanding includes projects in the fields of production, transportation and distribution, followed by the signing of contracts in Baghdad.
    He added, we have prepared the financial allocations for the implementation of the memorandum, which differs from previous memorandums of understanding, as securing the financial allocations was the most important obstacle.
    He pointed to the need for more projects than contracts with Siemens, and there are national companies and other companies, and the problem is not only related to production, but rather to improving the process of transportation and distribution, and this is part of joint ventures with Siemens.[/size]


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