2023-11-01T12:49:07+00:00
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/ Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul Ghani expected, on Wednesday, an addition of 1,000 cubic meters to the country’s production rate of associated gas with the activation of contracts for the fifth licensing rounds.
This came during his attendance at the third international conference held at the University of Baghdad, under the title (Iraq… Climate Change – Implications for Security and Development).
Abdul-Ghani said during the conference sessions that the Ministry of Oil is implementing a number of planned projects to invest in associated gas and convert it into clean energy, especially in the fields of the Basra Oil Company and the fields of the Maysan Oil Company and Dhi Qar Oil Company, to invest in the associated gas and use it in generating electrical energy to reduce harmful emissions, to As well as interest in developing free gas fields in Anbar and Diyala.
He added that the ministry had signed an important contract with the French company (Total) to invest 600 million standard cubic feet of gas, in addition to announcing the completion of a draft gas investment project for the Nahran Bin Omar field in Basra Governorate, which will be referred to the Ministerial Council for Energy, and then to the Council of Ministers. Ministers for its approval.
The Minister of Oil added that the Ministry, within the government program, activated the contracts for the fifth licensing rounds and concluded contracts with the winning companies that are expected to add a quantity of (1000) cubic feet of gas, as well as inviting international companies to participate in the fifth “supplement” and sixth licensing rounds to increase national production of gas. mystification.