Iraq will develop its Mansuriyah gas field near the Iranian border using state-run firms after the “delay and failure” of international companies to resume work at the field, the oil ministry said on Tuesday. Iraq’s Oil Minister Jabar al-Luaibi has ordered the state-run companies of the oil ministry to develop Mansuriyah gas field, Oil Minister Jabar al-Luaibi said in a statement. In 2011, Iraq signed a deal with a group led by Turkey’s state-owned TPAO and including South Korea’s Kogas (036460.KS) and the Kuwait Energy Company to develop the field in its volatile Diyala province. In September 2017, Luaibi asked TPAO to resume work after it halted operations in 2014 due to security concerns after Islamic State militants overran large parts of Iraq. Ministry officials said TPAO failed to resume development work despite repeated requests from the government. TPAO was not immediately available for comment. Iraqi […]