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[rtl]Oil reveals the progress of Arab and international companies to invest in associated gas[/rtl]
economy , 2023/07/23 09:22 , Number of readings: 162
economy , 2023/07/23 09:22 , Number of readings: 162
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[rtl]Baghdad-Iraq today:
The Ministry of Oil set the date for ending the associated gas flaring 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, said in a statement to the official agency, “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 successful steps to end the associated gas flaring file and achieve self-sufficiency in gas, and it is hoped to complete the file in 2030."[/rtl]
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