The Iraqi Ministry of Oil has confirmed that it is going ahead with the floating terminal project for importing liquefied natural gas (LNG), stressing its importance for securing electricity generation.The Ministry said that the Council of Ministers and the Ministerial Energy Council have approved implementation mechanisms, including inviting six companies to submit proposals. Technical and ministerial committees were formed to review the bids.To support the project, South Gas Company (SGC) and State Company for Oil Projects (SCOP) have completed two key gas pipelines:A 40 km, 42-inch line from Khor al-Zubair to Shatt al-Arab, completed in June 2025.A 45 km, 42-inch line from Mahmoudiya to the Bismayah power station, also completed this year under challenging conditions.Following technical and commercial evaluations, only two companies remain qualified. The final decision is expected at the next meeting of the ministerial committee.The Ministry also rejected allegations of bias towards any bidder, emphasising that all procedures are being carried out transparently and in line with legal frameworks, under the supervision of multiple government ministries. It added that it will file a complaint against media outlets it accused of misleading public opinion about the project's progress. (ICE AMMAN)

Fonte notizia: Stampa Locale