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Iraq signed a final agreement to develop gas field Ciba

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katt

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Iraq signed a final agreement to develop gas field Ciba

Author: Iraq for all - 05/06/2011 13:31:08

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Iraq signed a final agreement to develop gas field Ciba

BAGHDAD (Reuters) - The Iraqi Oil Ministry on Sunday, a final agreement with TPAO Turkish state-owned Kuwait Energy Company to develop gas field in the port of La Ceiba southern Basra oil export.

The consortium won the tender in the Ceiba field on Oct. 20 after he suggested that a minimum of producing 100 million cubic feet per day fee of $ 7.50 per barrel of oil equivalent.

The TPAO has reported that the project partners expect to invest one billion dollars in the field.

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