Tomorrow... Oil will sign contracts for the integrated gas development and growth project with the global company Total

Economy
  • 9-07-2023, 19:48
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    Baghdad-INA  
    The Ministry of Oil confirmed today, Sunday, that it will sign contracts for the integrated gas development and growth project with the international company, Total, on Monday.
     
     
    The spokesman for the Ministry of Oil, Assem Jihad, said in a statement received by the Iraqi News Agency (INA), that "the contracts for the integrated gas development and growth project will be signed with Total International" tomorrow, Monday, under the auspices and presence of Deputy Prime Minister - Minister of Oil, Hayan Abdul Ghani.
    Jihad added, "The set of contracts concluded by the Ministry with Total includes first a contract for the project of transporting sea water to the productive oil fields, while the other project is a project for investing gas associated with oil operations from the number of oil fields in Basra Governorate, at a rate of six hundred million standard cubic feet per day divided by In two phases, as for the project of the third contract, it is represented by developing the Artawi oil field and increasing production, while the project of the fourth contract is a project to generate electric power from solar energy at a rate of (1 gigawatt).
    Jihad pointed to "the importance of these contracts in developing the oil industry in Iraq, as it represent an important addition to support the national economy."