Wednesday, May 5, 2010

Today .. Declaration of a third licensing round for the development of gas fields ...


May 6, 2010

Today .. Declaration of a third licensing round for the development of gas fields

بغداد – الصباح BAGHDAD - morning

Oil Ministry plans to announce on Thursday a third licensing round for the development of gas fields.

He said ministry spokesman Assem Jihad told him the National Centre for Information: «Oil Minister Hussain al-Shahristani held a press conference this morning to announce the tour, and the names gas fields covered by the tour, and invite companies to compete on the fields, and dates to receive bids, and select companies».

He : «This tour will be Kjawlat past announced transparency», referring to »The launch licensing round third comes under the attention of the ministry to develop gas fields, investment optimization in collaboration with international companies specialized in the gas industry».

He Jihad: «The oil ministry hopes domestic production to reach the world's refineries States gas producing and exporting countries », pointing out:« The development of gas fields is in response to local need gas to run electric power plants, as well as export the surplus from abroad ».

The Oil Ministry raised fields crutch Mansuriyya invading in the first licensing round, but the presentations made by the companies were not accepted by the ministry.