2010-10-20Ministry of Oil and begin third round of licenses to develop three natural gas fields
بغداد (إيبا).. BAGHDAD (Iba) .. بدأت صباح اليوم في بغداد جولة التراخيص الثالثة التي
Began this morning in Baghdad, the third licensing round, which belong to three fields of natural gas receipt and open competitive bidding for international oil companies.
Include the third round of licenses to develop three natural gas fields are (Saybah in Basra, and Mansuriyah in Diyala, and Anbar in the crutch) to compete for contracts (13) global company bought Bags offers these fields.
He said Oil Minister Hussain al-Shahristani at the start of the opening ceremony of the third round of licensing that the volume of gas in the fields offered for development, more than 11 trillion standard cubic feet, making it an important source for the development of a number of petrochemical industries.
He pointed to the urgent need to develop the gas fields for use in new power plants and industries of Iraq, expressing hope that evolve through the progress Christrzh Iraq on the basis of these contracts.
He said al-Shahristani said the tour features special importance for the development of gas industry in Iraq, expressing hope that the companies are able to cooperate with us to develop these fields and take advantage of these opportunities are important, stressing the obligation of Iraq to provide all the support and backing of the companies that win these contracts, they will have all the aspects of cooperation, as it had the winning companies licensing round first and second.
He stressed that the oil and gas in Iraq, whether on the ground that Aoualemntj on the surface of it, belongs to the Iraqi people and all the regions and governorates.
He pointed out that this fact can not be approved by the Constitution, any party that claims to manage the authorization of this wealth, this is what has been achieved in the first and second rounds will be achieved at this session as well.
He said al-Shahristani said that some major oil companies that won contracts for oil fields in the two rounds of licensing the first and second progressing faster than planned in the development of reservoirs.
Iraq had concluded last year, 11 agreements for the development of some of the largest oil fields as may be allowed to increase crude output capacity to four-fold, reaching levels that Saudi production capacity of approximately 12 million barrels per day within six or seven years.
The sources expected that Iraq will be an economic partner in the project Manmha (NAPCO) to export gas to Europe via Turkey. (End) / g / ..
