By John Lee. Iraq's Minister of Oil has announced an agreement with Saudi Aramco to invest in the development of the Akkas gas field in Anbar province. During his participation in the Iraqi-Saudi Coordination Council, Hayan Abdul-Ghani said the field will have a target capacity of up to 400 million standard cubic feet per day.
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will Iraq Finally Revive This Mothballed Megaproject? For several years now, Iraq has been able to access all the technology required to turn part of its abundant crude oil and/or
By John Lee. Iraq's giant Nibras (Nebras) petrochemical project looks set to be revived, according to a statement from the Iraqi government. The Cabinet made a number of decisions relating to the project this week, including: Setting the price of the gas used to operate the project at 1.5 dollars per million British thermal units