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Iraq signs gas deal with Pakistan Petroleum

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player46


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Iraq signs gas deal with Pakistan Petroleum



07/16/2012 0:33

BAGHDAD (Reuters) -
signed the Iraq signed a preliminary agreement to explore for gas with Pakistan Petroleum, as it aims to attract more foreign investment to develop the energy sector after the wars and sanctions have continued for many years. and gives the company the contract Pakistan's right to explore for gas in the concession area 8 in the provinces of Diyala, Wasit, as reported by the eastern Reuters last month. It is hoped that this sign on Monday a contract with a consortium led by Kuwait Energy franchise area 9 and sign the concession contract 10 with a group of companies led by Lukoil Russia on 17 July. It is expected that Iraq will become a member of OPEC Mntma largest source of new oil supplies in the next few years and intends to offer more concessions to explore for oil and gas. won the Pakistan Petroleum, Kuwait Energy, Lukoil and contracts in May in the fourth round for the award of tenders and energy that have not received a large turnout because of the difficult conditions of the contracts formulated by Iraq.


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