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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Two reasons "impede" investment in associated gas... What about the failure of previous licensing ro

    Rocky
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    Two reasons "impede" investment in associated gas... What about the failure of previous licensing ro Empty Two reasons "impede" investment in associated gas... What about the failure of previous licensing ro

    Post by Rocky Thu 20 Jul 2023, 5:03 am

    [size=35][size=35]Two reasons "impede" investment in associated gas... What about the failure of previous licensing rounds?[/size]
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    Sumerian special

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    2023-07-19 | 15:44
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    Alsumaria News - Politics

    Member of the Parliamentary Oil and Gas Committee, Representative Adnan Al-Jabri, today, Wednesday, identified two reasons that "impede" investment in associated gas in Iraq, while revealing the reasons for the failure of previous licensing rounds.


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    Al-Jabri said, in an interview with the “After the Investigation” program broadcast by Al-Sumaria TV channel, that “gas investment needs a lot of money, because gas investment, whether associated or free, needs filtration operations and stations to isolate the gas (…).”



    A member of the Parliamentary Oil and Gas Committee added, "The ministries concerned with the gas file have failed during the successive Iraqi governments to invest in the burning gas, in addition to the international and regional influences and the accompanying international wars."

    He pointed out, "[You must be registered and logged in to see this link.]After 2003, it became a weak country, often relying on other countries to enhance security and stability, so many wanted to obstruct gas investment in[You must be registered and logged in to see this link.]One

    of the reasons for countries obstructing investment in the gas file[You must be registered and logged in to see this link.]Al-Jabri explained that there is "a fear of entering[You must be registered and logged in to see this link.]of the global gas export system and affects some exporters[You must be registered and logged in to see this link.]It needs gas, so it is forced to import from other countries to enhance its capabilities, and its investment in gas harms those countries.

    ”[You must be registered and logged in to see this link.]He has the potential to invest in associated gas and develop this file," noting that "the next stage has a kind of progress, but we do not reach the level of ambition, and we will depend on importing gas for a few years to come.

    " General, and there are countries that do not want Iraq to excel in the field of gas and oil.”

    Al-Jabri went on to say, “One of the reasons for the failure of the previous licensing rounds is that the geographical areas in which gas was located were in dangerous places, making it difficult for international companies to produce positive results.”

    And a member of the Parliamentary Oil and Gas Committee continued, that his committee "has observations on the licensing round contracts, but it is difficult to amend these contracts as they are international contracts and therefore[You must be registered and logged in to see this link.]He will bear the costs," adding that "the House of Representatives and[url=https://www.alsumaria.tv/Entity/1956186754/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D9%86%D9%81%D8%B7/ar/]Oil Ministry[/url]They resorted to amending the contracts of the sixth licensing rounds, which are better than their predecessors.”

    He stressed that “there is a political will to invest associated gas,” noting that “burning gas causes cancerous diseases and environmental pollution in many residential areas.” Al-

    Jabri He concluded by saying, "We submitted a proposal to legislate a law to support cancer patients, and so far its fate is unknown," pointing out that "the Kurdistan region has such a law since 2012."
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