Kuwait reveals the possibility of benefiting from the Iraqi gas

Kuwait reveals the possibility of benefiting from the Iraqi gas

10/02/2012

BAGHDAD / JD / .. revealed Kuwait about the possibility Altaaomin with Iraq in filling its natural gas needs.
said Minister of Oil and Minister of Awqaf proxy Hani Hussein in an interview with the (Gazette) Kuwait: The Kuwait sought to take advantage of the neighboring countries in order to meet their needs of natural gas, but so far have not yielded such efforts, At present, negotiations with Qatar and Iran on projects import natural gas parked.
added: With regard to Iraq, there are opportunities for cooperation in the field of supplying Kuwait needs of natural gas by pipelines from Iraq if available at competitive prices, but so far there is no agreement on any of the new opportunities.
said Hussain Petrochemical Industries Company will continue to monitor the implementation of its strategic plan after the cancellation of a deal «Ki – Dow», pointing out that it will look for new investment opportunities in the field of petrochemicals within and outside Kuwait, where the company is now on a project study olefins third in Kuwait, in addition to participating in the establishment of an industrial complex integrated between my activities refining and petrochemicals in the Republic of China (PRC).
confirmed Hussein that the oil sector is facing several challenges to achieve its strategic objectives, and therefore the need for the use of the oil companies the world to develop oil production is an urgent, because of the potential of those companies of international expertise through its operations in all parts of the world, and different types of oil, gas and energy, both conventional or non-conventional and renewable or alternative, pointing out that the companies will work to support and develop processes production, and rehabilitation of national cadres to gain technical expertise required. / end / / 22
Source: dananernews