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Adam Jones via flickr
The preliminary agreement entails blueprints for constructing a gas platform at the Grand Faw port.
During the meeting, the prime minister stressed that the authorities want Baker Hughes to maintain their presence in Iraq. He stated that the government is getting ready to carry out major integrated projects in the oil, gas, and petrochemical industries, which will enhance the attractiveness of the local market for investors.
Al Sudani also brought up the Development Plan project, which encompasses initiatives for transporting oil and gas. He emphasized the significance of finishing the current projects of Baker Hughes in Iraq, specifically in the Nasiriyah oil field, where a project to capture 200 million cubic feet of associated gas is ongoing and is projected to be finished by 2026.
In response, the company stated its willingness to invest in Iraq's oil and gas industry in collaboration with the government of Iraq.
source: reuters.com
During the meeting, the prime minister stressed that the authorities want Baker Hughes to maintain their presence in Iraq. He stated that the government is getting ready to carry out major integrated projects in the oil, gas, and petrochemical industries, which will enhance the attractiveness of the local market for investors.
Al Sudani also brought up the Development Plan project, which encompasses initiatives for transporting oil and gas. He emphasized the significance of finishing the current projects of Baker Hughes in Iraq, specifically in the Nasiriyah oil field, where a project to capture 200 million cubic feet of associated gas is ongoing and is projected to be finished by 2026.
In response, the company stated its willingness to invest in Iraq's oil and gas industry in collaboration with the government of Iraq.
source: reuters.com
