Shafaq News / The Iraqi Oil Ministry signed, on Sunday, a memorandum of understanding with Siemens Energy and Schlumberger to invest, process and stop the burning of gas in the fields.
Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul Ghani confirmed, in a press conference, that the signing of the memorandum of understanding with the two companies comes within the ministry’s accelerated plan to convert gas into productive and useful energy to supply electric power plants and the national network.
The conference followed the signing ceremony of a memorandum of understanding between the Ministry of Oil and Siemens Energy and Schlumberger to invest and process associated gas and transfer it to electric power plants.
Abdul Ghani said during the conference that the ministry aims through this memorandum and the contracts attached to it to implement the accelerated plan to invest and process the quantities of gas from the oil fields, thanks to the technology possessed by these companies, pointing to the signing of another memorandum by Siemens with the Ministry of Electricity, in support of the energy sector.
For his part, the Chargé d’affaires at the German embassy, Maximilian Rush, praised the joint cooperation between the two countries, stressing his country’s support for Iraq to improve the energy reality and reduce emissions, expressing his hope to sign more contracts in other fields.
While the director of Siemens Energy Iraq, Mohannad Al-Saffar, said that this memorandum is the beginning of joint cooperation with the ministry to stop the burning and processing of gas, and employ it for the electric power generation sector, which contributes to achieving energy security in addition to reducing imports and maintaining the cleanliness of the environment.
The Undersecretary of the Ministry for Gas Affairs, Ezzat Saber, stressed that the memorandum comes as part of the ministry’s efforts to conclude more contracts to accelerate the investment and treatment of all quantities of gas associated with oil fields in cooperation with specialized international companies, to contribute to supporting the electric power sector, saving financial expenses and preserving the environment.
The General Manager of Schlmanger Iraq, Wissam Al-Azm, said that Siemens and Shalmanger will work to develop appropriate solutions and studies to improve the reality of sustainable energy using the latest technologies.
For his part, the spokesman for the Ministry of Oil, Asim Jihad, stressed that the memorandum comes in line with the government program and the Ministry of Oil in accelerating gas investment and increasing national production, within a pivotal plan towards enhancing energy security, reducing operational expenses and utilizing gas resources, to supply electric power plants and all industries associated with it, pointing out that these projects constitute decisive progress in Iraq’s journey towards sustainable energy.
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