Iraq signs MoU with German, U.S. companies on associated gas utilization
Time:2024-05-19 10:33:17 Source:healthViews(143)
BAGHDAD, March 31 (Xinhua) -- The Iraqi Oil Ministry on Sunday signed a memorandum of understanding (MoU) with the German Siemens and the U.S. Schlumberger companies on the utilization of associated gas in the Iraqi oil fields.
During the signing ceremony, Iraqi Oil Minister Hayan Abdul Ghani said that the MoU is consistent with the ministry's plan to utilize associated gas for electricity production, according to a ministry statement.
"Through this memorandum and the attached contracts, the ministry aims to implement its plan to benefit from associated gas by taking advantage of the technology of these companies," the statement quoted the minister as saying.
With 132 trillion cubic feet of proven natural gas reserves, Iraq is committed to harnessing its gas resources to address critical needs, particularly in electricity generation.
(Editor:Fu Bo)
Previous:Bayer Leverkusen completes unprecedented unbeaten Bundesliga season and Cologne relegated
Next:Cannes Film Festival: See the red carpet photos from week 1
You may also like
- NBA legend Paul Pierce taken to hospital with gruesome injury
- Watch: Peru policeman dressed as bear pounces on Valentine’s Day
- Homicide investigation launched after body found in Hastings
- Five rescued after yacht runs aground on Banks Peninsula
- Munich airport closes after climate activists glue selves in protest
- Former Pakistan PM Imran Khan gets 10
- Ethnic army seizes city on Myanmar
- Japan launching new visa for digital nomads but will it be enough to solve its economic woes?
- Chinese president appoints new ambassadors