Arab Today, arab today shell and iraq in new energy deal
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Shell and Iraq in new energy deal

Arab Today, arab today

Arab Today, arab today Shell and Iraq in new energy deal

London - Arabstoday

Iraq has agreed a final $17bn (£11bn) deal over 25 years with Royal Dutch Shell and Mitsubishi to capture flared gas at southern oilfields. It is one of the largest Iraq has signed with foreign energy firms, and should boost production of electricity. Gas will be gathered from three major oil fields in Basra province that is currently wasted due to a lack of infrastructure. More than 700 million cubic feet per day of gas is burned off at present. Shell has signed a number of previous deals to develop oil and gas resources in Iraq. The new venture will be called Basra Gas Company, with Iraq holding a 51% stake, Royal Dutch Shell\'s 44% and Mitsubishi 5%. As well as providing for domestic energy, there may also be options for gas exports. Iraq sits on top of 143.1 billion barrels of crude oil and 126.7 trillion cubic feet in gas reserves.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today shell and iraq in new energy deal Arab Today, arab today shell and iraq in new energy deal

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today shell and iraq in new energy deal Arab Today, arab today shell and iraq in new energy deal

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday