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Iraq plans to raise its export of oil in 2015
Sunday, 07 December 2014
Twilight news, Iraqi oil Minister Adel Abdul Mahdi, Iraq will increase its export of South and Central fields to 2.750 barrels under the general budget of the year 2015.
The oil agreement, reached by the Iraqi Government and the Kurdistan Regional Government aimed at resolving the crisis to export crude oil under the auspices of the Government of Iraq, opening the door to the oil Ministry to check the unprecedented achievement of raising export capacity of crude oil, up to 3.3 million barrels per day for the first time in the history of Iraq since 1979, when the rate of export 3 244 million barrels.
Under the new agreement reached by the Iraqi Government delegation led by Prime Minister Haidar Al-Abbadi and delegation of Kurdistan led by nechirvan Barzani, in the presence of senior officials of the two sides, the Kurdistan Government will hand over the Government of Iraq of 250,000 barrels of oil fields, production for export under the supervision of the Iraqi oil marketing company SOMO, as well as allowing for the export of 300,000 barrels of Kirkuk oil by pipeline through the territory of Kurdistan to the Turkish port of Ceyhan, to end the crisis and oil resources of the general budget for next year.
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Sunday, 07 December 2014
Twilight news, Iraqi oil Minister Adel Abdul Mahdi, Iraq will increase its export of South and Central fields to 2.750 barrels under the general budget of the year 2015.
The oil agreement, reached by the Iraqi Government and the Kurdistan Regional Government aimed at resolving the crisis to export crude oil under the auspices of the Government of Iraq, opening the door to the oil Ministry to check the unprecedented achievement of raising export capacity of crude oil, up to 3.3 million barrels per day for the first time in the history of Iraq since 1979, when the rate of export 3 244 million barrels.
Under the new agreement reached by the Iraqi Government delegation led by Prime Minister Haidar Al-Abbadi and delegation of Kurdistan led by nechirvan Barzani, in the presence of senior officials of the two sides, the Kurdistan Government will hand over the Government of Iraq of 250,000 barrels of oil fields, production for export under the supervision of the Iraqi oil marketing company SOMO, as well as allowing for the export of 300,000 barrels of Kirkuk oil by pipeline through the territory of Kurdistan to the Turkish port of Ceyhan, to end the crisis and oil resources of the general budget for next year.
[You must be registered and logged in to see this link.]
