Iraq: a study across a "Shell" to the next week
22/08/2011 13:26
Baghdad, August 22 / August (Rn) - The Energy Commission Iraqi government, on Monday, they decided to postponed the meeting of the study a "Shell" to the next week to devote to his studies.
The director of the Energy Commission to inform the government of Faisal Abdullah, a Kurdish news agency (Rn) that "the government's Energy Committee, chaired by Deputy Prime Minister Hussein al-Shahristani decided to postpone the meeting of the study a" Shell "to the next week for a full-time to study it."
Object to the Legal Adviser to the Prime Minister Fadel Mohammed Jawad on the wording of a Shell preliminary because you do not specify the contract of assets and assets to be transferred to the Gas Company of Basra, which had not been established so far as the capital is disproportionate to the assets of Southern Gas Company, as up to only $ 20 million while estimated assets South Gas Company in millions of dollars.
Abdullah said that "Aajtmaa Energy Commission to study the Shell decided that the contract be in next Monday to study a broad and comprehensive him and then make recommendations thereon to the Council concerning the minister."
The study was scheduled to hold Shell today, Monday, after the Ministry sent a copy of the form of oil contract between them and Shell
Iraq had signed in July 12 last initial contract with Shell to develop the gas fields of Basra.
The company has demanded that Shell Oil Ministry signed a final contract after the initial contract was concluded in 2008.
Iraq seeks, since it signed the South Gas Company in Iraq in 2008 on a tentative agreement with the company (Shell) and (Mitsubishi), the Japanese, to the collection and use of the largest percentage of gas from oil fields in southern Rumaila, Zubair, West Qurna.
And can these three wells located within the boundaries of the province of Basra, the production amounted to 1.05 billion cubic feet of gas per day, but it is the exploitation of only 450 million cubic feet per day, while burning the other part of it.
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