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Oil sets new controls in licensing rounds contracts and seek optimal gas
Tarikh-e التحریر:: 1345617506 • 11 times Tablet readable
The Ministry of fresh controls oil contract licensing rounds prior to encourage international oil companies for the exploration sector.
He said the Ministry spokesman Assem Jihad said the Ministry was currently working on the revision of the previous contracts won by companies in previous licensing rounds to recast, in order to give more flexibility and facilities to companies for exploratory work.
Jihad said that "the next round of licences will be restricted to patches and gas exploration would magnify Iraq's reserves, as well as Iraq's ambition to be one of the countries producing and exporting oil, which in turn will ensure additional imports will be added to the State Treasury.
Jihad said that "Basra gas company founded to invest associated gas from fields South and 2,000 million cubic standard today, adding to the demand of oil companies that won in the first and second rounds of licences to investment optimization of associated gas and delivered to the Ministry, as well as optimal for patches, exploratory Iraq from being one of the first countries producing and exporting gas." ended 2
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Tarikh-e التحریر:: 1345617506 • 11 times Tablet readable
The Ministry of fresh controls oil contract licensing rounds prior to encourage international oil companies for the exploration sector.
He said the Ministry spokesman Assem Jihad said the Ministry was currently working on the revision of the previous contracts won by companies in previous licensing rounds to recast, in order to give more flexibility and facilities to companies for exploratory work.
Jihad said that "the next round of licences will be restricted to patches and gas exploration would magnify Iraq's reserves, as well as Iraq's ambition to be one of the countries producing and exporting oil, which in turn will ensure additional imports will be added to the State Treasury.
Jihad said that "Basra gas company founded to invest associated gas from fields South and 2,000 million cubic standard today, adding to the demand of oil companies that won in the first and second rounds of licences to investment optimization of associated gas and delivered to the Ministry, as well as optimal for patches, exploratory Iraq from being one of the first countries producing and exporting gas." ended 2
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