Iraq News Now

Iraq Approves Loan Guarantees for major Gas Project

Iraq Approves Loan Guarantees for major Gas Project
Iraq Approves Loan Guarantees for major Gas Project

2024-04-04 04:20:05 - From: Iraq Business News


By John Lee. The Iraqi Cabinet has approved sovereign guarantees totalling $3.25 billion, in relation to the development of the Nahr Bin Umar [Nahr Ben Umar] gas field in Basra. It also exempted the special purpose company Halfaya Gas Company Ltd. (HGC), which was established to develop the field, from the requirement to submit two […]

The post Iraq Approves Loan Guarantees for major Gas Project first appeared on Iraq Business News.