The Ministry of Oil announces the activation of the contract to develop Kirkuk fields and gas facilities.

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The Ministry of Oil announces the activation of the contract to develop Kirkuk fields and gas facilities.

Deputy high Minister for strength Affairs and Minister of Oil Hayan Abdul-Ghani Al-Sawad introduced nowadays, Thursday, the signing of the activation of the agreement to develop the four Kirkuk fields and rehabilitate gas facilities, between the North Oil organization, the Northern fuel organization, and the British agency BP.

The Ministry of Oil’s media said in a announcement obtained with the aid of {dinaropinions.com} that “Minister Al-Sawad stressed the ministry’s keenness to growth production fees of crude oil and gasoline in Kirkuk, in support of the national economy and securing gas wishes, mentioning that the settlement is one of the promising contracts for growing the fields of (Kirkuk with its domes “Baba and Avana”, Jambur, Bai Hassan, and Khabbaz), similarly to rehabilitating the facilities of the North fuel company to increase gasoline manufacturing and supply strength plant life with their needs.”

He defined that “stabilizing the initial production charge at 328,000 barrels according to day is the begin of the agreement, and that development operations will paintings to boom crude oil manufacturing and exploit associated gas,” noting that “the contract will provide job opportunities for the personnel in Kirkuk and neighboring governorates, further to securing fuel for local industries.”

For his component, Zaid Al-Yasiri, BP’s country manager in Iraq, stated, “Activating the agreement represents an crucial step toward strengthening cooperation and partnership with the North Oil and North gas businesses to expand oil fields in Kirkuk. He preferred the minister’s and the ministry’s guide in attaining the goals of increasing oil and gasoline production.”

Amer Khalil, Director preferred of the North Oil corporation, indicated that determining the initial manufacturing of the contract represents the start of labor to increase the fields and boom oil production, with a purpose to deliver full-size blessings to the governorate.

North gasoline organization standard supervisor Ahmed Abdul Majeed also confirmed that the contract signed with British company BP will increase fuel production following the rehabilitation and improvement of the centers, contributing to the deliver of fuel to electricity flowers and fuel to neighborhood industries.