Oil confirms: Investment of gas accompanying employment opportunities for the unemployed
Tuesday, 28 September 2021 6:31 PM
Baghdad / National News Center
The Ministry of Oil, on Tuesday, confirmed that the investment of the accompanying gas supports the Iraqi economy and provides employment opportunities for the unemployed, while an agreement with international companies for renewable energy investment.
The official spokesman of the ministry Assem Jihad said in a statement to the official agency, followed by the "National Position": "One of the important files operating on the Ministry of Oil is an investment of gas accompanying oil operations, and stopping gas burning and turning it into useful energy,"
"One of the projects on which the ministry has worked for years is the Baker Hughes project, a 200 million cubic feet of the day and investment from two fields in the province of Dhi Qar, and (Al-Nasiriyah) and (Graf), and this stops gas burning and cleaning the environment, especially in Preservation and electric power plants are provided, as well as liquid and sulfur gas and other benefits relating to the development of these projects."
He added that "the Ministry of Oil recently has done many agreements and contracts in this direction, including a group of projects with French Total (600) a record 600 million feet of investment in a number of fields in the province of Basra, as well as in the province of Maysan," he said.
"It was agreed with one of the Chinese government companies to invest gas and provide 300 million cubic feet of the day."
"These plans are all coming to stop gas burning and converted into useful energy to provide power plants, support the Iraqi national economy and provide employment and so on," he said. With French and international sources for large amounts."
He pointed out that "the government and the ministry have promising plans to implement projects in that direction and hope to cover part of the local need or all need, although the local need is in constant sleep."
He pointed out that "gas investment is linked to increasing oil production, but is important to contract with international companies in the presence of health challenges facing the global economy in general," pointing out that
"the presence of these companies is a message that Iraq is an attractive investment environment for global companies."