Iraq's oil ministry on Tuesday signed several contracts with UAE's Crescent Petroleum, China's Geo Jade Petroleum and Hong Kong's United Energy Group (UEG) to develop oil and gas fields in Diyala and Basra provinces, as the country plans to be self-sufficient in gas production within the next three years. Iraq's PM Mohammed Shiae al-Sudani on Wednesday Sudani supervised a ceremony for signing the final contracts for the fifth round of energy licenses with UAE's Crescent Petroleum and China's Geo Jade Petroleum and Hong Kong's United Energy Group (UEG), Iraq's News Agency (INA) reported. "Reform in the oil sector is the optimal investment of oil wealth, and Iraq's entr
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