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Oil reveal large investment projects in the gas
Date: Thursday, 10.05.2012 7:49
Baghdad / range
revealed the Ministry of Oil for the presence of large investment projects of the gas in Iraq, as shown seeking to fill a need for power stations which confirmed that Iraq will be issued this article to other countries after five years. and Oil Minister Abdul Karim and coffee on the sidelines of a conference on the development of oil firms that the coming stage will witness a focus on investment in the country's gas sector, "
Indicating that the ministry had giant projects in the production of natural gas and associated in Iraq.
and added to coffee, the ministry contracted with Shell to invest in the associated gas from three oil fields in Basra, with investments exceeding $ 18 billion, as well as separate projects with a number of companies for the fields within the second licensing round which include the fields of Majnoon and Halfaya and West Qurna Phase II and Badra, as well as the investment of gas fields in the third round of licenses. "
He continued to coffee that the ministry is seeking to invest the full gas and not allow to burn any quantity of it in the future, pointing out that it will also seek in the coming period to fill the need for stations electricity from natural gas and export it to countries in the world to be commercialized after 2017.
The Oil Ministry has announced, in March 2011, the licensing round, the fourth for the development of a number of patches exploratory oil and gas and includes 12 locations spread over the provinces of Nineveh, Anbar, Najaf and Qadisiyah, Babylon and Muthanna, Diyala, Wasit, Basra, Dhi Qar.
He defect to provide three international oil companies made presentations to develop the Kirkuk oil field, noting that the field was during the eighties to the drain is a natural oil reserves.
He said that BP and the two Baker Hughes, Hlmbr Gear Americas , submitted bids to develop the Kirkuk oil field, "noting that" The ministry has developed a plan to develop the field optimally in the coming years. "
and added to coffee, the ministry is considering offers in preparation for the selection of the executing company to develop the field, "pointing out that" the Kirkuk field, which was its production for the first time 70 years ago, is one of the important fields in the province of Kirkuk, but the field was during the eighties to the drain is a natural oil reserves.
and Iraq signed in 2010, contracts with several international companies to develop some oil fields in the two rounds of licensing the first and second, to reach a production of at least 11 million barrels per day within the next six years, and 12 million barrels per day after you add the quantities produced from other fields of national effort, and focused on those contracts in most fields, the South, also signed contracts with international companies to develop and gas investment normal for three gas fields in the third licensing round.
and approved by the Council of Ministers, in November 2011, the establishment of Basrah Gas Company, which will address the gas associated with oil from the fields of Rumaila, Zubair, West Qurna partnership between the South Gas Company, owned by the Ministry of Oil by 51% and the two Royal Dech Shell by 44% and Mitsubishi of Japan by 5%. "
Preliminary estimates indicate that Iraq possessed stockpiles estimated at 112 trillion cubic feet of gas, except that 700 million cubic feet of it burning day and wasted due to lack of infrastructure.
and offered to the oil ministry in May of 2010 , three gas fields to foreign investment are fields Mansourieh Saybah and crutch, what would be the companies that will develop the oil fields are obliged to prevent any burning of a quantity of gas associated with oil, and will stick to building facilities for the manufacture of associated gas and handed over to Iraq without charge.
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Date: Thursday, 10.05.2012 7:49
Baghdad / range
revealed the Ministry of Oil for the presence of large investment projects of the gas in Iraq, as shown seeking to fill a need for power stations which confirmed that Iraq will be issued this article to other countries after five years. and Oil Minister Abdul Karim and coffee on the sidelines of a conference on the development of oil firms that the coming stage will witness a focus on investment in the country's gas sector, "
Indicating that the ministry had giant projects in the production of natural gas and associated in Iraq.
and added to coffee, the ministry contracted with Shell to invest in the associated gas from three oil fields in Basra, with investments exceeding $ 18 billion, as well as separate projects with a number of companies for the fields within the second licensing round which include the fields of Majnoon and Halfaya and West Qurna Phase II and Badra, as well as the investment of gas fields in the third round of licenses. "
He continued to coffee that the ministry is seeking to invest the full gas and not allow to burn any quantity of it in the future, pointing out that it will also seek in the coming period to fill the need for stations electricity from natural gas and export it to countries in the world to be commercialized after 2017.
The Oil Ministry has announced, in March 2011, the licensing round, the fourth for the development of a number of patches exploratory oil and gas and includes 12 locations spread over the provinces of Nineveh, Anbar, Najaf and Qadisiyah, Babylon and Muthanna, Diyala, Wasit, Basra, Dhi Qar.
He defect to provide three international oil companies made presentations to develop the Kirkuk oil field, noting that the field was during the eighties to the drain is a natural oil reserves.
He said that BP and the two Baker Hughes, Hlmbr Gear Americas , submitted bids to develop the Kirkuk oil field, "noting that" The ministry has developed a plan to develop the field optimally in the coming years. "
and added to coffee, the ministry is considering offers in preparation for the selection of the executing company to develop the field, "pointing out that" the Kirkuk field, which was its production for the first time 70 years ago, is one of the important fields in the province of Kirkuk, but the field was during the eighties to the drain is a natural oil reserves.
and Iraq signed in 2010, contracts with several international companies to develop some oil fields in the two rounds of licensing the first and second, to reach a production of at least 11 million barrels per day within the next six years, and 12 million barrels per day after you add the quantities produced from other fields of national effort, and focused on those contracts in most fields, the South, also signed contracts with international companies to develop and gas investment normal for three gas fields in the third licensing round.
and approved by the Council of Ministers, in November 2011, the establishment of Basrah Gas Company, which will address the gas associated with oil from the fields of Rumaila, Zubair, West Qurna partnership between the South Gas Company, owned by the Ministry of Oil by 51% and the two Royal Dech Shell by 44% and Mitsubishi of Japan by 5%. "
Preliminary estimates indicate that Iraq possessed stockpiles estimated at 112 trillion cubic feet of gas, except that 700 million cubic feet of it burning day and wasted due to lack of infrastructure.
and offered to the oil ministry in May of 2010 , three gas fields to foreign investment are fields Mansourieh Saybah and crutch, what would be the companies that will develop the oil fields are obliged to prevent any burning of a quantity of gas associated with oil, and will stick to building facilities for the manufacture of associated gas and handed over to Iraq without charge.
[You must be registered and logged in to see this link.]
