Iraq Signs Natural-Gas Contracts With Foreign Partners
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Kuwait Energy Co., Turkiye Petrolleri AO and Korea Gas Corp. signed contracts to develop Iraq’s Mansouriya and Siba gas fields at a ceremony in Baghdad, after winning rights to develop the deposits last month.
Iraq delayed signing an agreement for a third natural-gas field, Akkas, to “clear the misunderstanding” over the planned use of fuel from the deposit, Abdul Kareem al-Luaibi, an Oil Ministry deputy, said today. The signing for Akkas will take place after this week’s Eid al-Adha holiday, said Abdul Mahdy al-Ameedi, deputy director general at the ministry’s Petroleum Contracts and Licensing Directorate.