Arabic | Kurdish



KOGAS Recoups Investment in Zubair

2017/12/12 | 19:20

(Iraq Now News)- By John Lee.

The state-owned Korea Gas Corporation (KOGAS) has said that it has recouped its $2.49 billion investment in the Zubair oil field in southern Iraq.

According to a report from Yonhap, the company has recovered $2.53 million as of December, which exceeds its initial outlay.

The oilfield is currently producing around 360,000 barrels […]

Note: The post (KOGAS Recoups Investment in Zubair) appeared first on (Iraq Business News) and do not necessarily reflect the position of IraqNow.news.
You can read the original text from the source (Iraq Business News).










Trending Now


⋙ Roundup: Iraqi president says elimination of corruption priority of new gov't

⋙ How the Saudi narrative on Khashoggi evolved

⋙ Iran sent Hezbollah advanced weapons to turn rockets into precision missiles

⋙ Saudi explanation for Khashoggi murder dismissed as ‘absurd‘

⋙ Reports: Trump Administration Supports GE Over Siemens in $15B Iraq Deal

Videos - Photos

⋙ Turkish FM denies giving Khashoggi case recordings to US officials (video)

⋙ Syrian security forces graduate hundreds of new personnel (video)

⋙ Palestinian photojournalist Mahmud Hams wins award for Gaza protest image


ISIS News

⋙ Turkish FM denies giving Khashoggi case recordings to US officials (video)

⋙ Syrian security forces graduate hundreds of new personnel (video)

⋙ ISIS take 700 hostages in US-controlled Syria – Putin

⋙ Syrian Army unleashes powerful assault against ISIS terrorists in southern Syria (video)

⋙ Return of unusual Sufi ceremonies banned under ISIS

⋙ Saudi royal family ‘discussing succession‘ over Khashoggi crisis

⋙ Brisbane priest witnesses the Church and people of Iraq rebuilding after ISIS devastated their country