The Ministry of Oil have Signed During the End of the Last Year on the Initial Form of the Contract to Develop (East Baghdad field- the southern part) with Jinhua Company.
Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil met with Mr. Lu Ygiang the president of Jinhua Chinese Company and his entourage.
The two parties discussed during the meeting about enforcing the bilateral cooperation and the development of East Baghdad oil field.
Mr. Al-Luiebi confirmed on the keenness of the ministry of oil to prepare the appropriate work environment. As well as the completion of all the procedures which are related with East Baghdad project to start the work on it soon.
Mr. Ygiang confirmed on the readiness of his company to start the work after the completion of all the procedures. He also shown the desire of his company to develop the oil & gas sector in Iraq.
It is worthy to say that the ministry of oil have signed during the end of the last year on the initial form of the contract to develop (East Baghdad field- the southern part) with Jinhua Company.
Source: Ministry of Oil
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