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New gas production licensing round
First 2024/10/30
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The Parliamentary Oil and Gas Committee revealed a move to conduct a new licensing round for gas production, while praising the government's efforts in the oil sector.
The committee's deputy chairman, Adnan Al-Jaberi, told Al-Sabah that "the licensing rounds have reached the sixth, and will be allocated to gas present in a number of governorates. It will be invested in the right way and will enhance local gas production," noting that "the gas systems are complex, and we have not reached self-sufficiency within a year or two. We need several years, but its import will be reduced, which is what is required now." p. 2
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