Home
140 billion barrels of undiscovered and ready to extract
On: Tuesday 03/06/2012 20:32
Government sign agreements to standardize the joint oil fields
Citizen - Follow-up
Revealed near the Iraqi government «signed agreements to standardize the common fields with Iran and Kuwait». He demanded the exclusion of «a draft law of oil and gas from the political consensus». While stressing that the U.S. oil company «Exxon Mobil» requested the extension of the period of warning, which ended this week to determine the position of the contracts signed with the Kurdistan region and finally intercepted by the central government. The Deputy Prime Minister for the energy-Shahristani said in a statement to (life) that «Exxon Mobil asked to extend the warning made by the federal government to determine the position of the contracts signed with the Kurdistan region in violation of the law». He pointed out that «This extension ends in the coming days».
The government threatened to «Mobil» last month termination of contracts in the south of the country in the event refused to subject their work in Kurdistan, the authority of the Federal Ministry of Oil and the deadline until the weekend. Shahristani said that «the Office of the Prime Minister and I personally, told us to Mobil that it is not entitled to work in Iraq without a metaphor from the federal government, and must review its position and display its contracts on Baghdad, I asked the first time to study the issue and then returned and demanded the extension of time ».
He pointed out that «one of the contracts entered into by such company with the region to explore and develop fields, two in Mosul and one in Kirkuk». He called the company «her firmly in the coming days and only the federal government will take actions».
And «Exxon Mobil» American multi-national company, based in Texas and has hundreds of branches and employs more than 82,000 people around the world.
And near-Shahristani announced the signing of agreements with Iraq's neighboring countries for the operation of the common fields, and said: «we have reached preliminary agreements with Kuwait and Iran to unify the common fields, and are ready now and it is hoped will soon sign». He added: «Iraq shares with 5 fields neighboring countries, namely Saudi Arabia, Jordan, Syria, Iran, Kuwait, and the norm worldwide is to unite these fields and choose a specialized company to manage and distribute the product on each according to his share partners». However: «But the important fields that are discovered are developed with Kuwait and Iran».
He stressed that «Iraq's production now exceeds 3 million barrels a day, and during 2011 we achieved an increase of 500 thousand barrels».
He added that «the preliminary estimates indicate that we will achieve an increase of 500 thousand barrels during the year». And oil reserves, he said: «we have made up more than 140 billion barrels of undiscovered and ready to extract».
[You must be registered and logged in to see this link.]
On: Tuesday 03/06/2012 20:32
Government sign agreements to standardize the joint oil fields
Citizen - Follow-up
Revealed near the Iraqi government «signed agreements to standardize the common fields with Iran and Kuwait». He demanded the exclusion of «a draft law of oil and gas from the political consensus». While stressing that the U.S. oil company «Exxon Mobil» requested the extension of the period of warning, which ended this week to determine the position of the contracts signed with the Kurdistan region and finally intercepted by the central government. The Deputy Prime Minister for the energy-Shahristani said in a statement to (life) that «Exxon Mobil asked to extend the warning made by the federal government to determine the position of the contracts signed with the Kurdistan region in violation of the law». He pointed out that «This extension ends in the coming days».
The government threatened to «Mobil» last month termination of contracts in the south of the country in the event refused to subject their work in Kurdistan, the authority of the Federal Ministry of Oil and the deadline until the weekend. Shahristani said that «the Office of the Prime Minister and I personally, told us to Mobil that it is not entitled to work in Iraq without a metaphor from the federal government, and must review its position and display its contracts on Baghdad, I asked the first time to study the issue and then returned and demanded the extension of time ».
He pointed out that «one of the contracts entered into by such company with the region to explore and develop fields, two in Mosul and one in Kirkuk». He called the company «her firmly in the coming days and only the federal government will take actions».
And «Exxon Mobil» American multi-national company, based in Texas and has hundreds of branches and employs more than 82,000 people around the world.
And near-Shahristani announced the signing of agreements with Iraq's neighboring countries for the operation of the common fields, and said: «we have reached preliminary agreements with Kuwait and Iran to unify the common fields, and are ready now and it is hoped will soon sign». He added: «Iraq shares with 5 fields neighboring countries, namely Saudi Arabia, Jordan, Syria, Iran, Kuwait, and the norm worldwide is to unite these fields and choose a specialized company to manage and distribute the product on each according to his share partners». However: «But the important fields that are discovered are developed with Kuwait and Iran».
He stressed that «Iraq's production now exceeds 3 million barrels a day, and during 2011 we achieved an increase of 500 thousand barrels».
He added that «the preliminary estimates indicate that we will achieve an increase of 500 thousand barrels during the year». And oil reserves, he said: «we have made up more than 140 billion barrels of undiscovered and ready to extract».
[You must be registered and logged in to see this link.]
