Projects Include Gas Investment Contracts with French Company Total
Baghdad: The Iraqi Ministry of Oil announced on Monday an investment plan involving 1,250 million standard cubic feet of gas across three governorates.
The Ministry emphasized its commitment to supporting development projects and increasing investments in the oil and energy sector. This includes advancing infrastructure, gas exploration, and investment, as well as addressing flared gas issues and improving oil industry conditions and workforce training.
The announced projects involve:
- Gas investment contracts with French company Total, with a capacity of 600 million standard cubic feet per day.
- A gas investment project in Nasiriyah with a capacity of 200 million standard cubic feet per day.
- Investment in the Nahr Bin Omar field, with a capacity of 150 million cubic feet per day.
- An associated gas processing project in the Halfaya field, aimed at utilizing all associated gas produced, with a capacity of 300 million standard cubic feet per day.