Kuwait seeks to import Iraqi gas in Shell deal

[phantom power]

Kuwait is seeking to import gas from Iraq through a deal with Royal Dutch Shell.

The emirate burns large volumes of oil in its power plants as it has insufficient supplies of cleaner-burning gas.

It has contracts with Shell for summer imports of liquefied natural gas (LNG) and for a complex project to exploit deep gasfields near its border with Iraq, but that project will take years to develop.

In the meantime, Kuwait is seeking to boost imports, some of which may come from the vast gas resources of its neighbour.

"Kuwait is not negotiating with the Iraqi government in this regard, but with international oil companies in Iraq that are developing oil and gas fields there," the Kuwaiti newspaper Al Jarida has reported, citing a source in the state gas industry.

http://www.thenational.ae/business/energy/kuwait-seeks-to-import-iraqi-gas-in-shell-deal