Subscribe free to our newsletters via your
. Energy News .




ENERGY TECH
Iraq signs gas pipeline deal with S.Korea's KOGAS
by Staff Writers
Baghdad (AFP) Oct 23, 2012


Iraq signed a $128-million gas pipeline deal Tuesday and issued a tender to develop an oilfield in the south with proven reserves of more than four billion barrels, the latest steps in its efforts to ramp up output.

The pipeline deal signed on Tuesday with South Korea's KOGAS is one of several to boost the country's long-neglected energy infrastructure, often seen as a bottleneck when it comes to raising oil exports, which comprise the lion's share of Iraq's economy and government revenues.

It involves constructing two pipelines over 22 months to transport dry natural gas and liquefied gas between fields in the northern city of Kirkuk and the Baiji refinery, officials at a signing ceremony in Baghdad.

Iraq also put out a tender to foreign firms for the development of the Nasiriyah oilfield, which has proven reserves of more than four billion barrels of oil.

The tender calls for a contract to be awarded by the end of next year for the development of the field and the construction and operation of a new 300,000 barrel per day (bpd) refinery.

Iraq currently produces around 3.4 million bpd and exports about 2.6 million bpd, but is looking to raise that figure dramatically in the coming years as several massive fields begin ramping up output.

But pipeline and export infrastructure remains lacking, after decades of underinvestment as a result of conflict and sanctions.

Iraq has proven reserves of 143.1 billion barrels of oil and 3.2 trillion cubic metres (111.9 trillion cubic feet) of gas, both of which are among the largest in the world.

.


Related Links
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








ENERGY TECH
Oil prices extend losses
London (AFP) Oct 22, 2012
Oil prices fell further on Monday in the wake of sharp pre-weekend losses, as investors balanced poor Japanese export data against Middle East unrest. Brent North Sea crude for delivery in December fell 34 cents to $109.80 a barrel in late London deals after rising earlier in the day. New York's main contract, light sweet crude for November, dropped 60 cents to $89.45 a barrel. Japan ... read more


ENERGY TECH
Netherlands mulling heated bike paths

China expands S. America energy footprint

Panasonic and Macerich Form Strategic Renewable Energy Partnership

Irish wave energy test site to get license

ENERGY TECH
Iraq signs gas pipeline deal with S.Korea's KOGAS

Australia begins shale production

A better way to shed water

Oil prices extend losses

ENERGY TECH
China backs suit against Obama over wind farm deal

DNV KEMA awarded framework agreement for German wind project developer SoWiTec

Sandia Labs benchmark helps wind industry measure success

Bigger wind turbines make greener electricity

ENERGY TECH
Solar Project To Support Disaster-Affected Families In Ofunato

Stanford researchers use solar power to study elephants in Africa

3M Introduces 3M Solar Encapsulant Film EVA9000

Maximize Energy Production of Distributed PV

ENERGY TECH
Queensland to restart uranium mining

International consortium to bid for Magnox-RSRL Parent Body Organisations

Bulgaria shuts nuclear reactor after generator problem

Westinghouse Announces Master Research Agreement With University Of Missouri

ENERGY TECH
Beneficial Mold Packaged in Bioplastic

Food vs. fuel: Is there surplus land for bioenergy?

Which Biofuels Hold the Most Promise for the Future

Palm Oil Massive Source of Carbon Dioxide

ENERGY TECH
Patience for Tiangong

China launches civilian technology satellites

ChangE-2 Mission To Lagrange L2 Point

Meeting of heads of ESA and China Manned Space Agency

ENERGY TECH
A sharper look into the past for archaeology and climate research

Improving effectiveness of solar geoengineering

Targeting solar geoengineering to minimize risk and inequality

Canadian government knew about sea fertilizing: organizers




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement