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[size=36]Signing an initialed contract to develop the Mansouri gas field[/size]
Economy | 02:09 - 05/20/2024
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The Central Oil Company signed a contract with the initials with a coalition of the Chinese companies Gereh and Petro Iraq to develop the Mansouriya gas field.
The Undersecretary for Extraction Affairs, Bassem Muhammad Khudair, said in a statement received by Mawazine News, “This contract comes within the efforts of the Ministry of Oil to invest in gas after signing the contract to develop the Okaz gas field, and the Ministry is working to close the flared gas file and complete the projects under implementation in that regard.” In addition to investing in gas fields and activating contracts for the fifth “supplementary” and sixth licensing rounds, which resulted in the transfer of (13) fields distributed over (10) governorates.
For his part, the Director General of the Central Oil Company, Muhammad Yassin, confirmed that “the first production contract for the development of the Mansouriya gas field in Diyala Governorate will reach a production of (100) cubic feet within (18) months, and achieve a peak production of (300) cubic feet (million standard cubic feet per day).” Within (4-5) years after signing the contract.”
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