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Shahristani announces increase oil production to three million barrels per day
On: Tuesday 3/6/2012 8:33
Baghdad / term
Deputy Prime Minister for Energy, Hussein al-Shahristani, the oil production exceeded the barrier of the three million barrels a day, at a time when there were frequent news low levels of production and exports during the past few weeks, for reasons described by some experts other than realism. Shahristani said in a speech during a ceremony to issue the report The first of transparency in the extractive industries
Which was attended by (long) on Monday: that Iraq has fulfilled the requirements of the International Initiative for transparency, describing the report issued by Iraq's recent holding of the last in the scope of the requirements of the initiative. Shahristani said: that Iraq is developing a strategic plan to strengthen and develop its industry in the mineral wealth of other, especially industry, fertilizer phosphate and nitrogen expected to Iraq is one of the largest exporters of this article. expressed Iraq's desire to join the initiative of Transparency International, the Extractive Industries in February 2008, to declare in the words of Prime Minister Nuri al-Maliki joined the initiative early January 2010, during a ceremony held for that purpose in the capital Baghdad. issued Iraq his first end of last year 2011 and awaiting ratification by the General Secretariat of the International Initiative for transparency in the extractive industries in the month of August next.
For his part, said Oil Minister Abdul Karim and coffee during the ceremony: that the report has closely almost entirely in the data received from the Ministry of Oil with those of companies producing and oil purchasers.
added to coffee: that the report did not include a rate of 25% of the oil used in domestic consumption as well as production levels in the province of Kurdistan.
It should be noted that this report for the levels of exports and revenues for the year 2009 alone. to that praised the president stakeholders in the initiative of transparency on the Keywords of the role played by civil society organizations in the stages of issuing the first report of transparency in the extractive industries.
said Keywords that necessity requires that the initiated members of the stakeholders in the promotion of a culture of integrity and the adoption of the principles of transparency in the extractive industries.
representative called society organizations Civil Transparency Initiative Said Musa to the need for the inclusion of other resources related to mineral resources outside the oil and gas in future reports in order to monitor how to use the proceeds in stages of development and other services in Iraq. and Moses the importance of the desired integration between the companies and the government and civil society organizations in pursuit of cemented and confirmation of good governance institutional.
and exports last month fell slightly also from the previous month. According to the report of the SOMO, Iraq shipped 1.639 million barrels per day from the port of oil south of Basra in February, down from 1.711 million barrels per day in January, while the shipments from the northern fields around Kirkuk 375 000 barrels per day in February compared with 395 thousand in January.
The report added that the reason for the decline in exports in February is the bad weather around the port of Basra as well as some technical problems in the northern Kirkuk oilfields.
and Iraq signed in 2010 contracts with foreign companies to develop some oil fields in the two rounds of licensing the first and second, to raise the production ceiling to 11 million barrels per day within the next six years, and to 12 million barrels a day, after the addition of the quantities of the other fields of national effort, has focused the majority of those contracts to develop oil fields, large fields located Southern Iraq
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