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Oil sets the year 2030 as the date for ending the associated gas file
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Economy News - Baghdad
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Added 07/23/2023 - 10:54 AM
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Economy News - Baghdad
Yesterday, Saturday, the Ministry of Oil set the date for ending the associated gas burning file and achieving self-sufficiency, while indicating the desire of Arab and foreign companies to invest in the associated gas file.
The Undersecretary of the Ministry of Oil for Extraction Affairs, Bassem Muhammad Khudair, told the Iraqi News Agency (INA), followed by "Al-Iqtisad News", that "the contracts are continuing, as the fifth round and its appendix and the sixth round were announced, and there are plans to fully exploit and develop the fields in order to increase oil and gas production capacity."
He added, "American, Arab, Saudi and Qatari international companies have made technical and commercial offers and wish to participate in gas investment in Iraq," noting that "there are ongoing discussions with Aramco regarding the Crutch field."
He pointed out, "The ministry is working within successive steps to end the associated gas flaring file and achieve self-sufficiency in gas, and it is hoped to complete the file in 2030."
Views 12
Added 07/23/2023 - 10:54 AM
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