BAGHDAD, March 31 (Xinhua) -- The Iraqi Oil Ministry on Sunday signed a memorandum of understanding (MoU) with the German Siemens and the U.S. Schlumberger companies on the utilization of associated gas in the Iraqi oil fields. During the signing ceremony, Iraqi Oil Minister Hayan Abdul Ghani said that the MoU is consistent with the ministry's plan to utilize associated gas for electricity production, according to a ministry statement. "Through this memorandum and the attached contracts, the ministry aims to implement its plan to benefit from associated gas by taking advantage of the technology of these companies," the statement quoted the minister as saying. With 132 trillion cubic feet of proven natural gas reserves, Iraq is committed to harnessing its gas resources to address critical needs, particularly in electricity generation. (Editor:Fu Bo) |
Industry insiders say China indispensable to global supply chainKesha changes Diddy lyrics in her hit song TiK ToK during Coachella set with Renee RappKesha changes Diddy lyrics in her hit song TiK ToK during Coachella set with Renee RappIsrael artist refuses to open Israel pavilion at Venice BiennaleMainland ready to aid disaster relief after Taiwan earthquake: spokespersonLate Queen 'loved it when things went wrong because it spiced up her life', former aide claimsAt least 37 mothers killed daily in Gaza: medicsChina to further boost employmentHayao Miyazaki's animated fantasy stays atop Chinese box officeTrump hush money trial: Why Americans can't see or hear what's going inside court