Oil: starting work Basra Gas Company in March next
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Oil: starting work Basra Gas Company in March next
Tuesday, January 22 2 / January 2013 08:39
Baghdad / Orr News
Said Director of Basrah Gas Company Hassan Ali "Basra Gas Company will begin its work in March next production rate of 400 Mqmq".
He explained that "there is a tacit agreement to start working with Shell after he completed all the obstacles in coordination with the Ministry of Oil," pointing out that "the Federal Court approved that awarded the ministry in dealing with foreign companies to set up joint ventures without reference to the provincial council."
Iraq has signed on 27 November last final contract with a consortium of companies Mitsubishi and Shell to establish a Basra Gas Company. And The Oil Ministry has revealed last week for completion of administrative procedures and legal directly in the work of Basra Gas Company during the first quarter of the current year production rate estimated 2,000 Mqmq day, After the coalition ended a Mitsubishi, Shell registration process at the Registrar of Companies as an administrative measure supported. intends to use the gas joint venture سينتجة with Shell in the domestic market to meet the growing demand for electricity has issued surplus.
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