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Monday, April 29, 2024 18:49 GMT
Iraq has signed a contract with Ukrainian company Ukrzemresurs to develop the Akkas Gas Field in Anbar Province. According to a statement from the Ministry of Oil, the goal is to increase national production by an additional 400 million standard cubic feet per day (MMSCFD) of gas within four years, to supply power stations; 100 MMSCFD is planned in the first stage (1-2 years). The Ukrainian company will replace the South Korean company Kogas in operating the field. Rights to the field were...More