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Iraq has signed a memorandum of understanding (MoU) with Siemens Energy and Schlumberger to combat gas flaring and increase power generation capacity. The MoU aligns with the ministry's plan to use associated gas for electricity production. The German Embassy supports Iraq's efforts to increase energy production and reduce carbon emissions. Siemens Energy Iraq director Muhannad Al-Saffar emphasized the MoU's significance as a launchpad for long-term cooperation. The partnership aims to optimize expenditures and ensure environmental protection.

Iraq signs MoU with Siemens, Shlumberger for investment in gas

Iraq has signed a memorandum of understanding (MoU) with Siemens Energy and Schlumberger to combat gas flaring and increase power generation capacity. The MoU aligns with the ministry’s plan to use associated gas for electricity production. The German Embassy supports Iraq’s efforts to increase energy production and reduce carbon emissions. Siemens Energy Iraq director Muhannad Al-Saffar emphasized the MoU’s significance as a launchpad for long-term cooperation. The partnership aims to optimize expenditures and ensure environmental protection.

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