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Oil: The next stage is witnessing an upward growth in the quantities of gas investment
- Time: 06/26/2023 11:08:06
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{Economic: Al Furat News} Undersecretary of the Ministry of Oil for Gas Affairs, Ezzat Saber Ismail, confirmed today, Monday, that the next stage is witnessing an upward growth in the quantities of gas investment.
And the Ministry of Oil stated in a statement received by {Euphrates News}, that “the Undersecretary for Gas Affairs confirmed the ministry’s plans to maximize national production and increase the quantities of free gas investment associated with oil operations during the next stage, through development projects, and the fifth and sixth licensing rounds announced by the ministry recently. As for some of the sites that are being developed, they are currently witnessing an increasing growth in production rates.
The Undersecretary for Gas Affairs said during his visit to the North Gas Company in Kirkuk that the government program has emphasized the importance of increasing gas investment projects in a number of border provinces and locations.
Ismail referred to "the interest of the leadership of the oil sector in developing the company and increasing gas investment projects during the next stage after announcing the fifth - appendix - and sixth licensing rounds. The North Gas Company will increase its production after developing a number of hydrocarbon sites and structures with gaseous structures, in addition to gas investment." Associated with a number of oil fields.
Regarding the company's projects and plans, the Undersecretary for Gas Affairs listened to an explanation given by the General Manager of the company, Ahmed Abdel Majeed Ahmed.
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{Economic: Al Furat News} Undersecretary of the Ministry of Oil for Gas Affairs, Ezzat Saber Ismail, confirmed today, Monday, that the next stage is witnessing an upward growth in the quantities of gas investment.
And the Ministry of Oil stated in a statement received by {Euphrates News}, that “the Undersecretary for Gas Affairs confirmed the ministry’s plans to maximize national production and increase the quantities of free gas investment associated with oil operations during the next stage, through development projects, and the fifth and sixth licensing rounds announced by the ministry recently. As for some of the sites that are being developed, they are currently witnessing an increasing growth in production rates.
The Undersecretary for Gas Affairs said during his visit to the North Gas Company in Kirkuk that the government program has emphasized the importance of increasing gas investment projects in a number of border provinces and locations.
Ismail referred to "the interest of the leadership of the oil sector in developing the company and increasing gas investment projects during the next stage after announcing the fifth - appendix - and sixth licensing rounds. The North Gas Company will increase its production after developing a number of hydrocarbon sites and structures with gaseous structures, in addition to gas investment." Associated with a number of oil fields.
Regarding the company's projects and plans, the Undersecretary for Gas Affairs listened to an explanation given by the General Manager of the company, Ahmed Abdel Majeed Ahmed.
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