Iraq’s Oil Ministry announced this week that it will push forward with developing the 3.5-4.5tcf Mansuriya gas field—a surprising development given that shareholders Turkish state firm TPAO (25%, operator), Oil Exploration Company (25%), Kuwait Energy (22.5%), and Kogas (15%) still hold a 20-year development service contract signed in 2011. Nonetheless, Oil Minister Jabbar al-Luaibi calls their efforts a “failure” and maintains “great confidence” in the...
Iraq Takes On Mansuriya
Published on Fri, 03 Aug 2018 - Volume: 61 Issue: 31Print
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