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Economic Adviser: Kurdistan oil reserves of 60 billion barrels and exports will rise to one million barrels the end of 2015
Monday 28-09-2015 | 12:28:07
Twilight News / predicted economic security adviser in the province of Kurdistan Bioar Khansa, Monday, that the region's exports rise of crude oil to one million barrels per day, pointing out that the oil reserves of the region of 60 billion barrels, the bulk of them for sure.
He said a statement carried by two-fifths of Sulaymaniyah network and seen by Twilight News, confirmed that the quantity of Ahiati crude oil in the region of 45 billion barrels, adding that due to the lack of exploration has not been confirmed the presence of the remaining amount so far.
He added that the reserve is an oil field in 57 cities spread over the region and operates 35-36 foreign company.
He stressed that the oil production rate in the current year amounted to 700 000 barrels per day, pointing out that oil and gas companies if the surveys more than expected, the proportion rises to one million barrels by the end of this year.
He said that if it did not, the rate will rise to weakness for the year after next, pointing to the presence of 5 to 6 trillion cubic meters of natural gas certainly problems appear.
It was due to the establishment of the provincial government and extending other double-tube to transport oil and gas to Turkey by the end of 2016, and in this regard Khansa said that the financial crisis and the situation in the region caused the lack of direct tubes extended so far.
M m r
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Monday 28-09-2015 | 12:28:07
Twilight News / predicted economic security adviser in the province of Kurdistan Bioar Khansa, Monday, that the region's exports rise of crude oil to one million barrels per day, pointing out that the oil reserves of the region of 60 billion barrels, the bulk of them for sure.
He said a statement carried by two-fifths of Sulaymaniyah network and seen by Twilight News, confirmed that the quantity of Ahiati crude oil in the region of 45 billion barrels, adding that due to the lack of exploration has not been confirmed the presence of the remaining amount so far.
He added that the reserve is an oil field in 57 cities spread over the region and operates 35-36 foreign company.
He stressed that the oil production rate in the current year amounted to 700 000 barrels per day, pointing out that oil and gas companies if the surveys more than expected, the proportion rises to one million barrels by the end of this year.
He said that if it did not, the rate will rise to weakness for the year after next, pointing to the presence of 5 to 6 trillion cubic meters of natural gas certainly problems appear.
It was due to the establishment of the provincial government and extending other double-tube to transport oil and gas to Turkey by the end of 2016, and in this regard Khansa said that the financial crisis and the situation in the region caused the lack of direct tubes extended so far.
M m r
[You must be registered and logged in to see this link.]
