Iraq signs MoU with German, U.S. companies on associated gas utilization
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)
Related articles
I was 'brokefished' by my friend for £400
I need your help. My friend K has been recently telling our friendship group about how dire his fina2024-05-21Lucy Hamilton: Connecting cultures through the power of poetry
By Claire Ding, Yu Ying (People's Daily Online) 13:53, November 24, 2023"Poetry is a kind of distill2024-05-21The Kings beat the Blazers 121
SACRAMENTO, Calif. (AP) — De’Aaron Fox scored 24 points and the Sacramento Kings assured themselves2024-05-21Neil Brownsword: Exploring exchanges between China and the West through ceramics
By Xiangtian Ding, Yu Ying (People's Daily Online) 11:12, October 25, 2023The recent exhibition “Obs2024-05-21Jessica Biel CHOPS her long locks into a bob after book signing in Studio City
Jessica Biel unveiled a dramatic hair transformation - from chest-length locks to a short bob - on S2024-05-21China, Nepal sign memorandum on translation of classics
(Xinhua) 13:58, September 27, 2023BEIJING, Sept. 26 (Xinhua) -- China's National Press and Publicati2024-05-21
atest comment