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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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    Minister of Oil: The government is supportive of plans to increase clean energy investment projects

    Rocky
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    Minister of Oil: The government is supportive of plans to increase clean energy investment projects  Empty Minister of Oil: The government is supportive of plans to increase clean energy investment projects

    Post by Rocky Wed 05 Jul 2023, 2:54 pm

    Minister of Oil: The government is supportive of plans to increase clean energy investment projects and space

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    Economy News - Baghdad
    Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul Ghani affirmed, on Wednesday, the government's keenness to cooperate and contract with international companies to invest in developing the oil industry and investing in associated gas.
    A statement by the Ministry of Oil said, "Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani, during his participation in the work of the eighth edition of the OPEC International Forum, which is being held in the historic Hofburg Palace in the Austrian capital, Vienna, and under the title "Towards a sustainable and comprehensive energy transition," stressed the keenness of The government to include in the ministerial curriculum plans to develop the oil sector, and to increase and expand the area of ​​cooperation and contracting with international companies to invest in developing the oil industry, investing in associated and free gas, and reducing emissions.
    Abdul-Ghani added, "The ministry launched the fifth and sixth licensing rounds, which include the development of a number of exploration fields and sites with hydrocarbon oil and gas compositions, and invited international companies to participate in investment, development and production operations."   
    The minister pointed out the importance of concluding the contract with Total, which is considered one of the strategic projects in the oil sector, which includes gas investment projects and increased oil production, in addition to transferring sea water to oil fields, and establishing a station to generate electricity from solar energy. Investments in these projects amount to more than $27 billion.
    He continued, "The government is supportive of plans to increase projects and the area of ​​clean energy investment, according to a strategic vision by concluding contracts with international companies specialized in this field, to increase the production of clean energy," stressing "the indispensability of fossil energy; due to its importance in meeting the requirements of service sectors." and basic needs of the countries of the world," noting "the need to use advanced technology to reduce environmental damage and emissions."   

     




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