Oil sets up an investment program for gas and decides its mechanisms



Number of views 0 Date 17/04/2017 - 13:05


Baghdad
Oil Minister Jabbar al-Luaibi laid down the decisions of implementing the gas investment policy in the southern region as an applied model for the ministry's policy.

A statement by the ministry said that the minister briefed the ministers on the plans and statements presented before him this month at the headquarters of the Ministry of Oil in the presence of all concerned. The Minister of Oil has set clear mechanisms and objectives to avoid any delay in understanding the challenges and achieving the goal of stopping the burning of gas in 2021.

He added that "the decisions included the construction of three central complexes in stages and can be expanded to receive gas in Basra 1000 Muqmq / day, Nasiriyah 200 Muqmq, Maysan 400 Muqmq through the activation and development of contractual obligations of foreign companies operating in the fields of the production of dry gas and liquids and condensates.

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