Bambaboo
07-29-2008, 02:11 PM
7/29/08
Kurdistan government to establish "Gas City" in north Iraq
Baghdad - The Kurdistan Regional Government (KRG) announced Tuesday the establishment of a 'Gas City' in northern Iraq, aiming to attract direct foreign investments of over 40 billion US dollars.
A KRG statement said construction of the 50 square-kilometre industrial complex was scheduled to start September 21, with Kurdish Regional Premier Nechirvan Barzani to attend the ground-breaking ceremony.
Gas City is a joint enterprise by two United Arab Emirates partner gas and oil companies, Dana Gas PJSC and Crescent Petroleum, which say they want to optimize exploitation of the oil-rich Kurdistan region.
Cont..
http://www.monstersandcritics.com/news/business/news/article_1420205.php/_eca_197__Kurdistan_government_to_establish_%26quo tGas_City%26quot_in_north_Iraq
Bambaboo
Kurdistan government to establish "Gas City" in north Iraq
Baghdad - The Kurdistan Regional Government (KRG) announced Tuesday the establishment of a 'Gas City' in northern Iraq, aiming to attract direct foreign investments of over 40 billion US dollars.
A KRG statement said construction of the 50 square-kilometre industrial complex was scheduled to start September 21, with Kurdish Regional Premier Nechirvan Barzani to attend the ground-breaking ceremony.
Gas City is a joint enterprise by two United Arab Emirates partner gas and oil companies, Dana Gas PJSC and Crescent Petroleum, which say they want to optimize exploitation of the oil-rich Kurdistan region.
Cont..
http://www.monstersandcritics.com/news/business/news/article_1420205.php/_eca_197__Kurdistan_government_to_establish_%26quo tGas_City%26quot_in_north_Iraq
Bambaboo