- The Iraqi Ministry of Oil announced on Wednesday that during the next five years, Iraq will be self-sufficient and will be a source of gas. The ministry unveiled a number of projects under implementation in the exploration and production sectors, including a project of about 200 million standard cubic feet in Basra, the same in Nasiriyah, and 150 in the Nahr Bin Omar field, in addition to developing an integrated gas project and referring it to Total, which will collect gas from five important fields in the south, with a capacity of 600 million standard cubic feet in two phases, each phase 300 million, according to Iraqi News Agency (INA). The Ministry of Oil also said that it referred the Akkas field contract to a Ukrainian company, which will provide, after six years, a production capacity of up to 400 million standard cubic feet. These projects in the gas file, according to the ministry, will add significant production capacities to Iraq, and during the year 2028 or 2030, Iraq will be self-sufficient, stressing that there is a great desire and insistence to transform Iraq into a gas exporting country Source: Qatar News Agency
Related Articles
US Crude Oil Inventories Fell Last Week
The US Energy Information Administration announced Thursday that crude oil, gasoline and distillate inventories in the United States fell last week, while gasoline inventories rose.
The administration, which is the statistical arm of the US Departmen…
QSE Index Closes 0.82 Percent Higher
Doha: Qatar Stock Exchange (QSE) general index closed at 9,690.050 points on Sunday, 79.250 points (0.820 percent) up from its previous closing.
A trading volume of 164,119,956 shares was traded in 11,504 transactions in all sectors, with a total tr…
Microsoft Unveils “Bing Chat” Robot for Business
Microsoft has officially unveiled Bing Chat Enterprise, a version of Bing Chat with business-focused data privacy and governance controls. With Bing Chat Enterprise, chat data isnt saved, Microsoft cant view a customers employee or business data and customer data isnt used to train the underlying AI models. “Weve heard from many corporate customers who are […]
