Posts Tagged ‘North Rumaila’
As Iraq and Kuwait forge ahead with their political rapprochement and the demarcation of their international boundaries, a major milestone will be achieved once an agreement is reached on the joint oil fields that straddle the border between the two states. That’s where Iraq needs all its resources to settle the issue in a manner that preserves its sovereignty and safeguards its interests in a way that does not lead to further claims and counter claims in the future. That’s a task that does not involve just the politicians. In …
24 February 2003
Having missed the boat on sales of natural gas by pipeline to Turkey, despite signing a memorandum of understanding in 1996, Iraqi officials are now drawing up plans to enter the broader international gas market.
These include proposals to join a regional gas pipeline network, as well as construction of a liquefied natural gas (LNG) terminal in southern Iraq.
Boosting Iraq’s natural gas reserves and export capabilities is one of the top priorities in a newly launched 10-year plan drawn up by the Oil Ministry.
“There is …