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UAE - 04/03/2012
Gazprom expects to start trading oil in Iraq during the second quarter
Said Alexander Dyukov Director General of Gazprom's oil arm, denied to the Russian energy giant "Gazprom" it may be to start commercial operations of the oil in Iraq during the second quarter of this year. The Dyukov: We intend to begin commercial operations in the second quarter, he said, adding that trade in the future is not associated with the production company in the field Badra oil in Iraq. He said that these two projects are unrelated to each other at all.
The Deputy Director-General of the company Vadim Aakfallv said in early February that Gazprom has denied plans to sell 5.2 million tons of oil each year in Iraq. The company is run Russian Badrah a 30% stake in the project. Among the companies participating in the "Kogas" South Korea's share of 22.5% and Malaysia's Petronas share of 15%, and oil exploration company Aovernmahalaracah 25% stake in the project.
The estimated reserves of Badra field about three million barrels of oil. Is scheduled to begin production in 2013 to reach 170 thousand barrels per day or about 8.5 million tons per year by 2017 and maintain this rate for seven years.
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Gazprom expects to start trading oil in Iraq during the second quarter
Said Alexander Dyukov Director General of Gazprom's oil arm, denied to the Russian energy giant "Gazprom" it may be to start commercial operations of the oil in Iraq during the second quarter of this year. The Dyukov: We intend to begin commercial operations in the second quarter, he said, adding that trade in the future is not associated with the production company in the field Badra oil in Iraq. He said that these two projects are unrelated to each other at all.
The Deputy Director-General of the company Vadim Aakfallv said in early February that Gazprom has denied plans to sell 5.2 million tons of oil each year in Iraq. The company is run Russian Badrah a 30% stake in the project. Among the companies participating in the "Kogas" South Korea's share of 22.5% and Malaysia's Petronas share of 15%, and oil exploration company Aovernmahalaracah 25% stake in the project.
The estimated reserves of Badra field about three million barrels of oil. Is scheduled to begin production in 2013 to reach 170 thousand barrels per day or about 8.5 million tons per year by 2017 and maintain this rate for seven years.
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