Kuwait Energy, TPAO, KazMunaiGaz Get Iraq Gas Awards
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Kuwait Energy Co., Turkiye Petrolleri AO and KazMunaiGaz National Co., Kazakhstan’s state fuel producer, won rights to develop three Iraqi natural-gas areas as the country seeks supplies for power plants and export.
Iraq today awarded rights to develop Akkas, Mansouriya and Siba, which together hold 11 trillion cubic feet of fuel, Oil Minister Hussain al-Shahristani said at an auction in Baghdad. Iraq will sign preliminary agreements with the winners in the next few days and send the contracts to parliament for final approval, he said.