Tag Archives | gas contracts

Iraq to launch Tender for Gas Contracts by end-June

By Padraig O'Hannelly. Iraq's Council of Ministers has resolved that the Ministry of Oil shall implement the process for awarding Supplemental Natural Gas Processing Contracts (SNGPCs) for the processing of associated gas to qualified investors through a competitive and transparent bidding process that adheres to best international standards. The SNGPCs will provide that investors will […]

New Contract to Import Iranian Gas

By John Lee. Tehran Times reports that Iraq is set to sign a new contract covering gas imports from Iran. Deputy prime minister Hussain al-Shahristani (pictured) said a gas pipeline being built between Iran and Iraq could become operational in November. The countries signed a four-year agreement in July for the supply of 850,000 Mcf/d of […]

Genel Energy, DNO Deal for Summail Gas

By John Lee. Genel Energy and DNO International have signed a Gas Sales and Purchase Agreement with the Kurdistan Regional Government to supply gas from the Summail field in the Dohuk licence in the Kurdistan Region of Iraq. The gas will partially displace diesel currently used to generate electricity in a 500 MW power plant […]

Iran Increases Iraq Gas Export Plan

By John Lee. The Iranian Deputy Oil Minister Javad Oji (Owji, Ouji) (pictured) has announced that the country will start exporting 40 million cubic meters (mcm) a day of natural gas to Iraq by summer 2013. Iran's PressTV reports that an agreement has been reached to supply Iraq via two separate routes. Construction of the “friendship” pipeline […]

Akkas Attack - KOGAS Sticks to Schedule

By John Lee. The Korean Gas Corporation (KOGAS) said on Wednesday that an attack on its operations at the Akkas gas field in Anbar will not delay its plans to start commercial production in September 2015. A spokesman for the state-run company told Platts: "There was no major damage to the facilities at the field, […]

KRG to Sell Gas Directly to Turkey

The Kurdistan Regional Government's (KRG) Minister of Natural Resources, Ashti Hawrami  (pictured) has said the Region is planning to sell natural gas directly to Turkey in the next two years. According to a report from AKnews, he told the Caspian Gas Forum in Istanbul that the Kurdistan Region may sell natural gas to Turkey even […]

KazMunaiGas Drops Out of Akkas Gas Deal

KazMunaiGas has informed Iraq's Ministry of Oil that is is withdrawing from negotiations on the Akkas gas field in Anbar province. "Unfortunately, the talks have failed to resolve all issues which emerged at a late stage", the company said in a statement, "and it has not been possible to develop a consensus document that would […]

Akkas Gas Deal Delayed Again

The long-awaited signing of the deal to develop Iraq's Akkas gas field in Anbar province has been delayed again. An Iraqi Oil Ministry spokesman said it was delayed because of disagreements about what the local government gets from the deal, according to Associated Press reports. An initial agreement to develop the 5.6 trillion cubic foot […]

'Major Progress' in Anbar Gas Stand-Off

"Major progress" is reported in negotiations between Iraq's Oil Ministry and the local government in Anbar Province in western Iraq regarding the contracts to develop the gas fields in the province. Aswat al-Iraq quotes Assem Jihad, a leading Oil Ministry spokesman, as saying on Sunday that “the Oil Ministry has discussed with Anbar Province and […]

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 […]