Iraq signs minutes of meeting with Kuwait for processing gas and invest common fields

2016/12/29 0:17


{Baghdad: Euphrates News}

Iraq signed the meeting minutes with Kuwait for processing gas and invest common fields

The oil Ministry said in a statement received Agency {news Euphrates} copy of it today that the Iraqi delegation who is visiting Kuwait Oil Minister State Jabbar Ali Hussein allaibi held a meeting with his Kuwaiti counterpart, signed the meeting minutes to activate the previous agreement for the investment of the joint border fields and forming a Commission develop mechanisms choose third party consulting firm contracting mechanisms in this regard to submit its recommendations within a short time.

He said another Committee was formed to discuss mechanisms for supplying gas to the Kuwait State excess need Iraq, Iraq expressed its readiness to provide unlimited quantities of 50 Kuwait mmscfd {mkomk} a day down to 200 mmscfd {mkomk} and across phases, the Committee will develop mechanisms that facilitate the process of implementing this project shortly before the Ministers of Iraq and Kuwait and validation.

Allaibi praised the depth of relations between Iraq and Kuwait and parties sought to develop common interests.

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