Tuesday, July 2, 2013

MALIKI: GAS-INTEREST IS THE ENERGY POLICY PRIORITIES IN IRAQ

MALIKI: GAS-INTEREST IS THE ENERGY POLICY PRIORITIES IN IRAQ

BAGHDAD - Awan
 
Prime Minister Nuri al-Maliki said the priorities for energy policy in Iraq is the attention to gas being a national treasure and fuel clean, environmentally friendly and a source increasingly important role in the generation of electricity and the establishment of industries strategy for Iraq Kalptrrukemaoyat and fertilizers in addition to providing added value through export to world markets.
The Prime Minister said in his speech at the second forum of gas exporting countries held in the Russian capital that the government of the Republic of Iraq began implementation of the program is broad and ambitious to develop the oil and gas sector in Iraq and opened the doors of cooperation with major international companies and we have taken all measures to stop gas flaring to maximize the benefit from it. Has resulted from the implementation of the program during the biennium (2011-2012) a significant increase in proven oil reserves of more than 150 billion barrels of oil, accompanied by a significant increase in gas reserves due to exploration and development in the whole of Iraq led to the doubling of the previous reserve.
He added that to maximize gas reserves in Iraq in general and especially free gas through the exploration of areas with promising prospects, this year has launched a fifth round of licenses targeted gas exploration in different parts of Iraq, according to the conditions and arrangements conducive to investors.
 


The shape of Iraq's first attendance at a forum of gas exporting countries welcomed by Russian President Vladimir Putin and the participating countries, which hailed the strategic directions for the Iraqi government to invest in the gas sector, which was neglected for many years.

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