Oil Minister Adel Abdul-Mahdi: oil production will reach historic lows, and we plan to increase
The two sides stressed during the talks that the two countries share a historical relationships and links deep and can not be any black cloud that affect them, and emphasis was placed on the joint quest for exceeded all previous events, the form in which the interests of the two countries. Mr. Adel Abdul-Mahdi said during a meeting with Yildiz on Sunday evening, Iraq and Turkey share a relationship and do not prepare for the historic links and common interests and countless political and economic. He noted that the political relations passed a black cloud but swept quickly because of the depth of these relations between the two countries and is now back with full force and momentum to strengthen them stronger and stronger. Clear, Mr. Minister, "We are ready to cooperate in all areas because Iraq did not want to stay only oil countries because it has great potential and energies in several areas," he said, adding that Turkey is a great partner for Iraq for the advancement of these energies to possess the potential of which is one of the developed countries. He said the oil minister, "We very much hope these relations and we believe that the region will rise again the holdings of the peoples of the conscious and great technology."
From his part, thanked Turkish Energy Minister warm reception and expressed his delight at the presence in Baghdad to meet with officials there and conduct fruitful discussions. He stressed that the problems between the two countries will be overcome. He pointed out that the course of recent events in the world, especially what happened in France, taking us to the need for careful thinking to be together and larger to meet the threat of terrorism.
"It should not be the reason why the mistakes of working together and look at the full picture and act Bokhuyh because it Cetkspena many things and we are very confident Bgna Iraqi leaders."
He said Mr. Adel Abdul-Mahdi, during a joint news conference with Turkish Energy Minister Taner Yildiz that Iraqi crude oil production will reach historic lows this year, where will reach four million barrels per day. Mr. Adel Abdul Mahdi, Iraq's oil exports last month close to three million barrels per day, including the quantities exported through the Oil Marketing Company (SOMO) from the port of Ceyhan and the first three months of this year will be issued amounts approximately 375 000 barrels per day with effect from April exports will rise to 600 000 barrels per day through Ceyhan. Minister of Oil and predicted that Iraqi exports of crude oil amounts to an average of 3.3 million barrels per day. Adding "that world oil prices might not return to what it was during the last years, pointing at the same time that prices will see a surge gradually after the second half or the last of the current year is slow."
For his part, Turkish Energy Minister Taner Yildiz said during the conference that our discussions with the Iraqi oil minister was fruitful, noting that there is a new agreement to provide electrical power to the province of Basra via the buoy. Yildiz said that "Iraq is ranked second in the Turkish exports and passing through the King of Ceyhan oil line to the Iraqi people at large," noting that Turkey will cooperate with Iraq to overcome the drop in oil price crisis.
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