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)
US overdose deaths dropped in 2023, the first time since 2018
Lod helps Minnesota United beat Charlotte 3
Yankees pitcher Luis Gil gets 2nd big league win, 993 days after beating Orioles in debut
PNG leader takes offense after Biden implies an uncle was eaten by cannibals
Pentagon vows to keep weapons moving to Ukraine as Kyiv faces a renewed assault by Russia
Australian woman appears in court charged with poisoning husband and his relatives with mushrooms
Former Duke guard Jeremy Roach indicates he will play a final college season at Baylor
Direct flights resume between Chengdu, Auckland
Jessica Biel CHOPS her long locks into a bob after book signing in Studio City
Horrifying moment caregiver, 26, smacks 93