Iraq Expects Initial Gas Field Contracts This Month

Iraq’s Oil Ministry expects to sign the initial contracts for the Mansuriyah and Akkas gas fields on 14th November, and for the Siba gas field the following day, Abdul-Mahdy al-Ameedi, head of the ministry’s licensing and contracting office said on Thursday.

And after the signing we will send the initial contracts to the cabinet for final approval. After the approval of the cabinet we will finalise the gas deals. The companies have to start work immediately after finalising the deals,” Ameedi told Reuters.

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(Source: Reuters)

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