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3 Oil And Gas Projects In Basra And Nasiriyah Forwarded To Investment

BAGHDAD, The Cabinet approved on Friday to refer three oil and gas projects in the provinces of Basra and Dhi Qar to investment by Iraqi and foreign companies.

"The Council of Ministers referred the project to expand the production of Nasiriyah oil field to capacity of 100 thousand barrels per day, to the coalition of the (Iraqi oil projects) / PEG Italian in (EPCF) way."

"The Council also forwarded a tender for the design, processing and construction of the second central station CPF2, in the field of Majnoon - Basra Oil Company on (Petrofac), at a cost of $ 369 million.

Source: National Iraqi News Agency

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