China’s Sinopec has won a deal to develop Iraq’s Mansuriya gas field near the Iranian border, the oil ministry said on Tuesday.
Last year Iraq cancelled a contract signed with a group led by the Turkish Petroleum Corp (TPAO) to develop the Mansuriya field and decided to invite international energy companies to compete to develop it.
Sinopec won the contract in a bidding round held at the oil ministry headquarters in Baghdad on Tuesday, oil officials said.
Iraq’s state-run Midland Oil Company will be Sinopec partner to develop Mansuriya, said the officials.
Gas captured from the field will be used to feed power stations in Baghdad and Diyala province near the border with Iran.
By Reuters