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Iraq signed a memorandum of cooperation with the US firm General Electric
4/25/2016 0:00
[rtl]In a long - term strategic framework
BAGHDAD - morning
and signed the Oil Ministry with the General Electric Company (GE) US memorandum as part of a strategic long - term cooperation includes the implementation of a number of projects for the Oil Ministry.
He said Undersecretary older Fayyad good grace in a statement , the media office of theministry received «morning» the signing of the memorandum came after negotiations fortwo consecutive years was a success and to achieve the interests of both sides as itaims to develop a strategic program to reduce gas flaring and investment in the industry and energy operations, and the development required to set up the first plans for thecenter for monitoring and diagnosis in the country to enable rapid maintenance of pre -emptive operations and save time continued, noting The contract also includes improving the operational efficiency and performance of oil and gas installations.
for his part, Undersecretary for gas d. Hamid Younis said the signing of thememorandum was the result of efforts by oil projects and companies Basra and gas refineries , the South and the South Oil Company, which will provide a memorandum relationship with the US company 's qualification necessary for the production of oil and escalating energy export crude equipment operations, the company also provides spare parts for equipment used in the production and export of crude oil within a record timeframe.[/rtl]
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