Oil ministry announces the imminent signing of new contracts to increase gas production

Baghdad - INA

The Ministry of Oil announced the imminent signing of new contracts to increase gas production. 

"The ministry has developed an investment plan worth three billion dollars to raise the production capacity of the Basra Gas Company to 1,400 million standard cubic feet per day," the ministry’s spokesman, Assem Jihad, told the Iraqi News Agency (INA), indicating that "the current production reaches about 900 to a thousand." One million standard cubic meters from the Basra Gas Company only, "pointing out that" the contract for the development of the Mansouriya gas field, which is one of the fields known as free gas, has been awarded in Diyala province. " 

He added that "the production capacity that the ministry aspires to is to reach 300 million standard cubic feet per day," noting that "the ministry has discussions with international companies to develop the gas crutch field, and that discussions are continuing with international companies after the blessed Eid Al-Fitr."

Jihad stated that "the ministry will sign within the coming period with (Baker News General Electric) a contract to develop or invest all the gas in Dhi Qar Governorate," explaining that "an agreement has been made with Chinese companies to invest all the gas in Maysan Governorate." 

He stressed that "the ministry recently laid the foundation stone for a very large project, which is to invest 400 million standard cubic feet per day from the Artawi field," stressing that "the ministry has advanced discussions with (Total) after the agreement and the signing of the contract."