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Iraq finalizes Mansuriya contract for next government

Sinopec has agreed to commercial terms for developing the Diyala province gas field, but Iraq's current caretaker government is not signing a binding contract.
Ali Maarij, then head of the Oil Ministry's Petroleum Contracts and Licensing Directorate, speaks at a ceremony in Baghdad on Jan. 20, 2022 to celebrate the finalization of a contract for the Mansuriya gas field. (Photo credit: Oil Ministry)
Ben Van Heuvelen and Staff of Iraq Oil Report
Friday, January 21st, 2022

Iraq has finalized contract terms with China's Sinopec for the development of the Mansuriya gas field, although the deal will not be signed before a new government is formed.

If the project moves forward, Sinopec will target production of 300 million standard cubic feet per day (sfc/d). That supply would help both Iraq's electricity grid and the government budget — feeding nearby power plants that currently depend on unreliable and expensive imports from Iran.

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