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Oil: licensing round investment patches
3/9/15
Detection and Oil Minister Adel Abdul Mahdi, on Monday, that "there are many patches are still far from the oil operations are trying to still fit either new licenses tour or national effort," adding that "Iraq accomplished a great accomplishing previously represented oil licensing round."
In a statement to the Ministry of Oil, seen by the "obelisk," Abdul-Mahdi, he "works in accordance with the three strategic plans to increase Iraq's production of oil and gas is firstly tours licenses and secondly companies ministry, which manages some of the wells," he added, noting that "The third element is in cooperation with the countries of the neighborhood. "
He said Abdul-Mahdi, that "Iraq has begun negotiations with Iran, and with Kuwait in all matters relating to the common fields, and joint work between neighboring countries, to facilitate and help each party to the other party, which contributes to maximizing production and help in the diversity of Iraq's production."
Iraq offered its oil fields during the first licensing round and the second developed by international companies to reach a production of at least six million barrels per day within the year 2017.
Iraq exports crude oil from the ports of Basra and Khor al-Amaya on the Arabian Gulf, as well as the Turkish port of Ceyhan on the Mediterranean, and by truck by truck to Jordan.
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