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Italy's Segem wins contract to supply liquefied natural gas (LNG) pipelines to Basra gas
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Italy's Segem wins contract to supply liquefied natural gas (LNG) pipelines to Basra gas
Italy's Segem wins contract to supply liquefied natural gas (LNG) pipelines to Basra gas
04/07/2019
http://economy-news.net/content.php?id=16134
04/07/2019
Economy News Baghdad
Won the company "Sigem" Italian ( SICIM ) contract investment makes it prime contractor for theconstruction of pipelines for the facility Basra LNG.
"This is an important milestone for Basrah Gas Company, which will help grow and increase current production capacity by 40 per cent," said Fritz Kalab, general manager of Basra Gas Company, .
"This project will play a crucial role in reducing the burning of associated gas in the three fields of the first licensing round in Iraq and increase the supply of dry gas and export capabilities."
"The new Basrah LNG facility consists of two gas processing units to produce an additional 400 cubic meters per day, adding more units in the future and the facility will be installed at the Artawi site," he said.
"We are delighted that we have been selected as a major contractor by the Basrah Gas Company to be part of this important project," says Sigim Italia's general manager, Orazio Giavarelli.
"Winning this important contract is a new recognition of our proven capability and our goal is to ensure the integrated implementation of the project and seize the opportunity to consolidate our commitment to community development," he said.
"We look forward to working with the Basrah Gas Company team to execute the project efficiently."
Basrah Gas Company
Is a 25-year joint venture between the Iraqi Southern Gas Company which owns 51% of the shares, Shell 44% and Mitsubishi 5%. Has been able to reach the highest production ceiling reached 1025 cubic meters per day, which is enough to produce about 3.5 gigawatts of electricity for homes and industries in Iraq.
http://economy-news.net/content.php?id=16134
claud39- Elite Member
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Join date : 2018-11-04
Iraqi Investment and Reconstruction Conference in Rome
Iraqi Investment and Reconstruction Conference in Rome
6th April 2019
6th April 2019 in Construction & Engineering In Iraq, Investment, Iraq Industry & Trade News
6th April 2019
6th April 2019 in Construction & Engineering In Iraq, Investment, Iraq Industry & Trade News
Sponsored by the Embassy of the Republic of Iraq in Rome, and in coordination with the Federation of Italian Industries, the Iraqi Conference on Investment and Reconstruction was held at the end of March to discuss investment opportunities and the contribution of Italian companies in the reconstruction of Iraq.
Representatives of more than 200 Italian companies witnessed the participation of the National Investment Commission (NIC), Undersecretary of the Ministry of Commerce, Directors-general, officials of oil and transport ministries, Baghdad investment, and representatives of the Federation of Chambers of Commerce from the Iraqi side and from the Italian side by Italian Undersecretary of State for Development and Economy, the Italian Ambassador in Baghdad.
The conference also witnessed the holding of meetings between the representatives of the Iraqi authorities and Italian companies to discuss investment opportunities in the fields of energy, oil, agriculture and infrastructure.
http://www.iraq-businessnews.com/2019/04/06/iraqi-investment-and-reconstruction-conference-in-rome/
claud39- Elite Member
- Posts : 18423
Join date : 2018-11-04
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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