Oil Minister instructs to expedite implementation of optimal investment for gas projects

Economy

11-07-2021, 15:42

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Baghdad-INA

Oil Minister Ihsan Abdul-Jabbar instructed to expedite the implementation of optimal investment projects for gas and increase production, while noting the government's keenness to support projects to increase production of oil and gas. Abdul-Jabbar stressed, during his visit to the North Oil Company, the government's and the ministry's keenness to advance the production sector in the North Oil Company and work to increase, sustain and develop it.

The Minister of Oil said in an extended meeting he held with officials in the North Oil Company, that the ministry aims to speed up addressing technical, economic and security problems and challenges, and to launch plans to increase and sustain production based on the development axis of the national effort, and cooperation axis with international companies. While the Undersecretary for Extraction Affairs, Karim Hattab, stressed that the meetings discussed ways to advance the oil industry, expedite the implementation of plans to sustain and increase production from the oil fields of the North Oil Company, and the optimal investment of gas associated with oil operations. The Minister of Oil's visit included a visit to the North Gas Company and held a meeting with officials in the company, in which he discussed ways to develop and increase production and optimal investment for associated gas from dry, liquid and sulfur.