June 5, 2011
Oil Ministry signed final contracts to develop the fields and Mansourieh Saybah with Kuwaiti companies, Turkish and South Korean
بغداد ( إيبا ).. BAGHDAD (Iba)
Signed and the oil ministry said Sunday the final contracts for the development of gas fields and Mansourieh Saybah with Turkish companies and the Kuwaiti and South Korean.
He said the oil minister, Abdel Karim and coffee during the signing ceremony that the two contracts represent a new beginning for the oil industry, noting that it is the first time that the signing of final contracts for the development of gas fields.
The Company signed a broad social mission, Kuwait Kuwait, and Turkish Energy Minister to hold a lighted Yildiz Saybah field development in the province of Basra, which will continue for a period of 20 years.
Signed with the representative of the Kuwaiti company and the Turkish minister who represents a coalition led by a Turkish company and a representative of Korean Gas Corporation, South Korea, on contract to develop the field Mansuriyah in Diyala province for 20 years as well.
The Oil Ministry had signed in November 2010 initials on the contracts.
The signing of the contracts today, after a few days to sign their initials on a contract with the South Korean company to develop the large gas field crutch in the province of Anbar, which is awaiting approval by the Council of Ministers for final signing it.
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