Oil Minister announces the agreement on Saudi Aramco's contribution to the development of the Crutch gas field

Economy

25-05-2023, 16:30

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Baghdad-INA
Oil Minister Hayan Abdul-Ghani announced on Thursday, the agreement on Saudi Aramco's contribution to the development of the Crutch gas field.

Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul-Ghani said in a speech during his participation in the Iraqi-Saudi Coordination Council, which was received by the Iraqi News Agency (INA), that "it was agreed with the Saudi side that Aramco invest and develop the Crutch gas field in Anbar Governorate."

He added, "The goal of investing and developing the Akkas gas field is to reach a production capacity of (400 mcfm) million standard cubic feet per day," referring to "the initial agreement with the Kingdom of Saudi Arabia to contribute to the investment in the Nebras project, which is one of the most promising strategic projects in the petrochemical industries in Iraq and the region."