SIBA - Kuwait Energy is ready to begin commercial production at the Siba field – the first of three gas fields to come online from a 2010 bidding round – and is on track to reach its maximum flow to power plants by the end of the year.
The field’s imminent start-up represents a win for Iraq's energy sector as it struggles to develop the world's 11th largest gas reserves, and it gives a boost to Prime Minister Haider al-Abadi and his electoral list, which includes Iraqi Oil Minister Jabbar al-Luiebi, ahead of national elections on May 12.
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