Iraq is making significant changes to its energy sector by shifting to profit-sharing contracts with international oil companies. This move aims to attract investments and increase production in the hydrocarbon sector, particularly focusing on natural gas to power electricity plants.
Business
Iraq
Iraq Transforms Energy Landscape: 13 New Contracts to Boost Oil and Gas Investments
2024-08-15T15:16:15.260Z
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Iraq is revamping its energy sector by introducing profit-sharing contracts to attract foreign investments. Discover how this shift aims to boost oil production and enhance natural gas output for power generation.
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