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Abdul-Mahdi: increased production offset low prices and exports will reach 3.3 million barrels per day
BAGHDAD - Iraq Press - January 19 said the Iraqi oil minister, Adel Abdul-Mahdi, in a joint press conference with his Turkish counterpart Taner Yildiz, said, " to increase oil production volume will help offset the decline in oil prices, especially since it is expected that Iraq's exports of up to 3.3 million barrels. "
He said Abdul-Mahdi said "The oil ministry has proposed building the state budget based on $ 60 per barrel, and this is a good estimate based on market conditions before they reach prices to bottom," pointing out that "Iraq has made great efforts and invested large sums of money to get to the rate of four million barrels of production ".
In turn, the Turkish Energy Minister, Taner Yildiz, "there is a new agreement to provide electrical power to the province of Basra over the buoy and that Iraq ranks second in the Turkish exports and that oil flowing through the Kirkuk-Ceyhan line king of the Iraqi people at large." Admiral ended
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BAGHDAD - Iraq Press - January 19 said the Iraqi oil minister, Adel Abdul-Mahdi, in a joint press conference with his Turkish counterpart Taner Yildiz, said, " to increase oil production volume will help offset the decline in oil prices, especially since it is expected that Iraq's exports of up to 3.3 million barrels. "
He said Abdul-Mahdi said "The oil ministry has proposed building the state budget based on $ 60 per barrel, and this is a good estimate based on market conditions before they reach prices to bottom," pointing out that "Iraq has made great efforts and invested large sums of money to get to the rate of four million barrels of production ".
In turn, the Turkish Energy Minister, Taner Yildiz, "there is a new agreement to provide electrical power to the province of Basra over the buoy and that Iraq ranks second in the Turkish exports and that oil flowing through the Kirkuk-Ceyhan line king of the Iraqi people at large." Admiral ended
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