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Attorney Abadi: Oil companies have begun to invest in heavy Basrah
June 25, 2015
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) of the Commission on oil and energy parliamentary member Zaher al-Abadi, said the international oil companies began to invest in Basra heavy oil.
He said al-Abadi's (IMN), that "foreign companies have already begun to invest and heavy oil extraction and production in the province of Basra," noting that he "issued to private US companies at competitive prices."
He added that "heavy oil will be a new addition to the Iraqi oil, and factor in the increase in public revenues and rising demand in the global market on Iraqi crude."
And opened the governor of Basra Majed Nasraoui the presence of the Undersecretary of the Ministry of Oil Riad Hassan blessing export heavy crude oil system in the Faw oil depot in the province earlier this month, saying it was the first time that Iraq exports crude oil, heavy 40 years ago, where export capacity will be for the system 850 000 barrels and exports Export floating across platforms and other oil ports.
Mohammed al-Tamimi, the Open: Mohammed Nasser
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June 25, 2015
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) of the Commission on oil and energy parliamentary member Zaher al-Abadi, said the international oil companies began to invest in Basra heavy oil.
He said al-Abadi's (IMN), that "foreign companies have already begun to invest and heavy oil extraction and production in the province of Basra," noting that he "issued to private US companies at competitive prices."
He added that "heavy oil will be a new addition to the Iraqi oil, and factor in the increase in public revenues and rising demand in the global market on Iraqi crude."
And opened the governor of Basra Majed Nasraoui the presence of the Undersecretary of the Ministry of Oil Riad Hassan blessing export heavy crude oil system in the Faw oil depot in the province earlier this month, saying it was the first time that Iraq exports crude oil, heavy 40 years ago, where export capacity will be for the system 850 000 barrels and exports Export floating across platforms and other oil ports.
Mohammed al-Tamimi, the Open: Mohammed Nasser
[You must be registered and logged in to see this link.]
