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Iraq .. Gas for compensation Kuwait

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1 Iraq .. Gas for compensation Kuwait on Sun Nov 26, 2017 3:47 pm

Rocky


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Iraq .. Gas for compensation Kuwait


The Iraqi Oil Ministry announced on Sunday the quantities of crude gas to be exported to Kuwait, noting that there are visions that offer ideas to pay compensation for the destruction of oil facilities during the Gulf War in 1990 to Kuwait through the export of crude mines.
"Iraq's agreement with Kuwait provides for crude gas to be supplied with about 200 million standard cubic feet per day," spokesman Assem Jihad told the New York News, adding that "the supply starts at the first stage with 50 ) Million cubic feet per day and gradually to 200 million cubic meters. "
"The supply will be through a pipeline in the Rumaila field," he said, stressing that "the agreement in the final stages."
"The agreement to supply Kuwait with crude gas came to strengthen relations between the two countries," the ministry spokesman said. "This project is not currently linked to the payment of part of Iraq's compensation to Kuwait for the destruction of oil installations in the latter during the Gulf War in 1990."
He continued: "There are ideas put forward to pay compensation to Kuwait by exporting crude mines to them."

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Rocky


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Iraq reaches final agreement with Kuwait to supply gas

Economic development0 clerk2017-11-26
Baghdad / All the news
The Ministry of Oil, on Saturday, details of the agreement to supply Iraq to Kuwait with gas from Rumaila fields in Basra, and that the agreement will fill part of Iraq's compensation to Kuwait.
"The ministry has an agreement with the Kuwaiti side to supply Kuwait with crude gas from Rumaila fields in Basra province," ministry spokesman Asem Jihad said.
"The agreement is in its final stages. Kuwait will supply 50 million standard cubic feet per day in the first phase, and then reach 200 million standard cubic feet per day," he said.
He pointed out that "the crude gas will be issued to Kuwait instead of burning in the fields," noting that "the agreement strengthens economic cooperation between the two countries."
Jihad said that "supplying Kuwait with gas will contribute to the payment of part of the debts owed by Iraq as compensation for Kuwait because of the invasion of Iraq last in 1990."
He stressed that "the ministry has reached the final stages of the implementation of the agreement with Kuwait, where there is only the agreement on the unit price, according to international prices." The President of the Republic Fuad Masum, during his recent visit to Kuwait, stressed the importance of activating and developing economic relations between the two countries, especially in the oil field, thus contributing to the debt owed by Iraq to the Kuwaiti side.
On the other hand, the head of the Ukrainian-Ukrainian Friendship Committee in the Ukrainian parliament, expressed the desire of Ukrainian companies to participate and invest in Iraqi oil projects.
"Oil Minister Jabbar Ali al-Allaibi received today the head of the Ukrainian-Ukrainian Friendship Committee in the Ukrainian parliament and his accompanying delegation. During the meeting, they discussed bilateral relations between the two countries, particularly issues of mutual concern," the ministry said in a statement. Allaibi Ukrainian companies to "actively participate in the investment and implementation of projects in the oil sector and in the rehabilitation and development of infrastructure, especially in the provinces and cities that have been freed from the control of gangs and the Daash terrorist," stressing that "the Ministry is working to provide all necessary facilities for the work of the company Global in Iraq. "For his part, Chairman of the Friendship Committee of Iraqi Ukrainian for" the desire of the Ukrainian companies to participate and invest in liquidation and projects to extend the oil pipeline networks, reservoirs, infrastructure and other projects that contribute to the strengthening and expansion prospects of joint cooperation between the two countries sector. "


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