Home
Shaways: India's largest importers of Iraqi oil
On: Wednesday 29/2/2012 8:19
Baghdad / follow-up long-
Deputy Prime Minister for Economic Affairs Rose Nuri Shaways that India is one of the largest importers of Iraqi oil crude, stressing that Iraq is seeking to take advantage of their expertise in the field of medium industries, as confirmed the Indian Commerce Minister seeking his country to cooperate fully in support of joint trade between the two countries.
Said Rose Nuri Shaways in a statement issued by his office on the sidelines of his meeting with Indian Minister of Commerce Anandh Harma in India quoted "Alsumaria News": The India of the largest importers of Iraqi oil crude in terms equivalent to import about an eighth of Iraq's oil exports, indicating that the trade exchanges between the two countries on the rise and the growth continued.
and visiting Deputy Prime Minister for Economic Affairs, Rose Nuri Shaways now India at the head of government delegation includes Minister of Commerce Khairallah Babiker and Investment Authority Chairman Sami al-Araji.
added Shaways that the Iraqi government is looking to expand and strengthen these relations for the welfare and interest of the two friendly countries, "he that "India is a leading and long experience in the field of medium industries and Iraq is seeking to benefit from these experiences." For his part, Indian Minister of Commerce Anandh Harma that his country would "seek to cooperate fully in support of mutual trade between the two countries and support public and private sector through direct import of manufacturers of India, "pointing out that" this will be achieved through joint efforts to hold the exhibition of Indian Industry in Iraq. "The deputy prime minister for energy Hussain al-Shahristani, called in (16 October 2011), Indian companies to provide energy sources in Iraq, particularly the oil and gas, investment in housing and low cost, as shown Indian companies desire to work in Iraq and seeking to import gas from it.
It is noteworthy that Iraq has signed, during the year 2010, contracts with foreign companies to develop some oil fields in the two rounds of licensing the first and second, to reach a rate of produce at least 11 million barrels per day within the next five years, and to 12 million barrels per day after you add the quantities produced from other fields of national effort.
Iraq exports crude oil from the ports of Basra and Khor al-Amaya on the Persian Gulf, as well as the Turkish port of Ceyhan on the sea average, and by truck by truck to Jordan, and Iraq currently produces about 2.0009 million barrels of crude oil per day.
[You must be registered and logged in to see this link.]
