BAGHDAD - In a closed-door signing ceremony on Wednesday, Iraq’s Oil Ministry initialed a long-delayed deal with the Korean Gas Corp. (Kogas) to develop the Akkas gas field in Anbar province, and announced that two other gas field development contracts will be finalized on June 5.
Oil Ministry and company officials said that Iraq’s Cabinet has approved the contracts to develop the Siba and Mansuriya gas fields, paving the way for those deals to be signed on Sunday. Meanwhile, the Akkas deal will now proceed to the Cabinet for review.
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