Kunooz Media / Baghdad

On Friday, a member of the Parliamentary Energy Committee, Sadiq Al-Sulaiti, confirmed that the gas investment file is one of the lagging projects and needs serious steps to properly manage it.

Al-Sulaiti said in a statement that "this file needs serious steps from the Ministry of Oil and the Council of Ministers to accelerate the investment of free gas and associated gas," noting that "there are provisions that oblige the companies of licensing rounds to invest in gas, but there is also a lack of commitment to these terms."

He explained that “the Parliamentary Energy Committee submitted oral questions to former Oil Minister Thamer Al-Ghadhban, and followed this issue and urged attention to this file,” indicating that “the Ministry of Oil signed a contract with the GI Company to invest associated gas in Dhi Qar Governorate in the Al Gharaf oil fields. And the fields of Nasiriyah, and in Basra, there is an investment opportunity on offer during the era of the former Minister Ghadhban, which is the investment of the Artawi fields, which include about five oil fields.

He pointed out that “negotiations are now underway with international companies for the purpose of referring these fields for investment,” stressing that “there is a previous contract signed with the Turkish government company, a Kuwaiti company and a Korean company for the purpose of investing Mansouriya gas, but the three companies’ coalition has almost failed to fulfill its promises since 2012. The Ministry of Oil was forced to cancel this investment contract and hold negotiations to put it on other international companies for investment.

He added, "As for the gas crutch field, a contract was signed with the Korean company Kokaz also in 2012, but after ISIS entered the company, the company was forced to leave the sites and withdraw." She argues and rejects, under the pretext of the difficult security situation in the Iraqi city of Al-Qaim in Al-Anbar Governorate.