Under the patronage of the Deputy Prime Minister for Energy Affairs and Minister of Oil, Mr. Hayan Abdul-Ghani Al-Sawad, the Ministry of Oil has signed a significant contract to develop the Mansouriya gas field in Diyala Governorate. This contract, awarded to a coalition of Chinese companies (Jera and Petro Iraq), aims to enhance Iraq’s gas production capacity by delivering an estimated 300 million cubic feet (MMcf) of gas per day, which will supply the national network of gas-fired power plants.
During the signing ceremony at the Ministry of Oil headquarters, Minister Abdul-Ghani highlighted the importance of adhering to project timelines, accentuating that the Mansouriya gas field holds substantial promise for Iraq’s energy sector. The Minister expressed that this development aligns with the government’s vision to maximise associated gas production and support Iraq’s energy independence. By meeting the national demand for gas, the project will not only reduce Iraq’s reliance on imports but also generate job opportunities and stimulate economic growth in Diyala Governorate.
This agreement is part of a broader effort by the Ministry, which recently awarded 14 contracts through the fifth and sixth supplementary licensing rounds, aiming to expand gas and oil resources significantly. Collectively, these contracts are expected to add over 850 million cubic metres of gas and 750,000 barrels of crude oil, directly contributing to Iraq’s financial resources and the national economy.
Mr. Mohammed Yassin Hassan, Director General of the Middle Oil Company, noted that initial production from the Mansouriya field is anticipated to start at 100 MMcf, gradually increasing to 300 MMcf per day. Mr. Lee Weibin, Managing Director of Jera, praised the Ministry’s cooperative efforts, confirming that the project will proceed within the agreed timeline. This landmark initiative highlights Iraq’s commitment to strategic gas investments and its role in strengthening energy security.
Source: Ministry of Oil
- Published: 31st October, 2024
- Location: Baghdad
- Country: Iraq
- Editor: Yasmine Goumri
- Category: Oil and Gas