Oil Minister Jabbar Ali al-Allaibi said on Monday that the ministry has achieved an important achievement to put it on the threshold of a new phase of the optimal investment of gas associated with oil operations.
This came during the ceremony of signing the gas investment contract associated with the fields of Nasiriyah and Gharraf with Baker Hughes General Electric Company with a capacity of 200 cubic meters per day.
“This contract represents an important addition to the gas sector in Dhi Qar province in particular and for Iraq in general, where Baker Hughes, one of the important arms of the company (GE) global work on the optimal investment of gas associated with the real Algraaf and Nasiriyah, The two fields more than 200 million standard cubic feet of gas per day, through the development using the latest equipment and technology and fast technology and advanced in the world.
“The project will also provide more than 1,000 tons per day of liquid gas and more than 900 cubic meters of condensate, as well as providing more than 500 jobs, as well as the need to build residential and recreational complexes and provide services to the people of the province of Dhi Qar.
“This contract will not be the last, there are many projects in the way we aim to develop the oil industry and the optimal investment of national wealth and increase the revenues from it in support of the national economy.”