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4 million barrels per day, Iraq's production by the end of this year
6/1/2015 0:00
For the first time the ministry can export two types of oil
Basra
, despite the decrease since the end of last year on the sale of crude oil prices, but the oil ministry continues to insist on the implementation of their own plans to increase production and export through the launch of new projects to pump and storage and the introduction of wells in service, as well as associated gas investment.
The ministry has announced that crude oil production will arrive before the end of this year to 4 million barrels per day after the opening of the project pumping and storage of heavy oil in the export FAO warehouses will increase the Alkhoznip rate of energy in the fields of Basra to more than 12 million barrels a day.
Undersecretary of the Ministry of Oil older Fayad Hassan Grace said in a statement the "morning" after the launch of the export of heavy oil system card 58 000 barrels per day: that Alkhoznip energy for the country after the opening of this project will reach more than 12 million barrels a will enable the country of export guarantee through the ports of Basra, up to 4 consecutive days.
He noted that the opening of the pipeline transport and pumping and storage of crude oil from the Maysan fields to the pallets in the oil port of Basra system will contribute to the heavy oil separated from the normal will allow Iraq from selling prices prevailing in the market, noting that "Iraq began issuing two types of oil after it was previously issued one type."
He expected the grace to exceed the country's output of crude oil more than 4 million barrels per day by the end of this year, saying that "planned to reach the export rate of the ports of Basra Turkish Ceyhan to nearly 3.5 million barrels, as will domestic consumption rate of up to 500 000 barrels per day.
For his part, Director General of the South Oil Company and agency Hayan Abdul-Ghani said in a statement the "morning": that the opening of the reservoirs, as well as the export pipeline system It will help in providing flexible export of energy to being part of the export system. In the meantime, launched Wasit province, two wells oil facilities new in Badra oil field east of the province will reach their production 8000 barrels per day over the next few days.
The head of the Energy Committee in the House of Wasit hope Alaekile "morning": that acts of extraction of crude oil in the Badra oil field (90 East Kut km) conducted a very high pace.
She pointed out that it was the introduction of two new wells to work in the field, what contributes to raise the field production of 17 000 barrels to 25 000 barrels per day during Almqublh.waodan few days that the production capacity of the fields Ahdab and Badra oilfields in the province will rise over the next few days, from 157 000 to 165 000 barrels per barrel.
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6/1/2015 0:00
For the first time the ministry can export two types of oil
Basra
, despite the decrease since the end of last year on the sale of crude oil prices, but the oil ministry continues to insist on the implementation of their own plans to increase production and export through the launch of new projects to pump and storage and the introduction of wells in service, as well as associated gas investment.
The ministry has announced that crude oil production will arrive before the end of this year to 4 million barrels per day after the opening of the project pumping and storage of heavy oil in the export FAO warehouses will increase the Alkhoznip rate of energy in the fields of Basra to more than 12 million barrels a day.
Undersecretary of the Ministry of Oil older Fayad Hassan Grace said in a statement the "morning" after the launch of the export of heavy oil system card 58 000 barrels per day: that Alkhoznip energy for the country after the opening of this project will reach more than 12 million barrels a will enable the country of export guarantee through the ports of Basra, up to 4 consecutive days.
He noted that the opening of the pipeline transport and pumping and storage of crude oil from the Maysan fields to the pallets in the oil port of Basra system will contribute to the heavy oil separated from the normal will allow Iraq from selling prices prevailing in the market, noting that "Iraq began issuing two types of oil after it was previously issued one type."
He expected the grace to exceed the country's output of crude oil more than 4 million barrels per day by the end of this year, saying that "planned to reach the export rate of the ports of Basra Turkish Ceyhan to nearly 3.5 million barrels, as will domestic consumption rate of up to 500 000 barrels per day.
For his part, Director General of the South Oil Company and agency Hayan Abdul-Ghani said in a statement the "morning": that the opening of the reservoirs, as well as the export pipeline system It will help in providing flexible export of energy to being part of the export system. In the meantime, launched Wasit province, two wells oil facilities new in Badra oil field east of the province will reach their production 8000 barrels per day over the next few days.
The head of the Energy Committee in the House of Wasit hope Alaekile "morning": that acts of extraction of crude oil in the Badra oil field (90 East Kut km) conducted a very high pace.
She pointed out that it was the introduction of two new wells to work in the field, what contributes to raise the field production of 17 000 barrels to 25 000 barrels per day during Almqublh.waodan few days that the production capacity of the fields Ahdab and Badra oilfields in the province will rise over the next few days, from 157 000 to 165 000 barrels per barrel.
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