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Tentative agreement between Iraq and BP to increase production of the Kirkuk field to 580 thousand bpd

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Tentative agreement between Iraq and BP to increase production of the Kirkuk field to 580 thousand b / d

23/03/2012 10:55

Baghdad, March 23 / ​​March (Rn) - The Iraqi North Oil Company owned by the government on Friday that Iraq signed a preliminary agreement with BP, "BP" British to increase production of the Kirkuk field to 580 thousand barrels per day from about 280 thousand barrels per day at the moment . said the company's agent Hussein Allam told the Kurdish news agency (Rn) that "an agreement in principle concluded by Iraq with BP to develop the Kirkuk field and to increase 300 thousand b / d to produce the current, which is estimated about 280 thousand b / d."

"The initial agreement comes within the high-level plan carried out by the Ministry of oil through the oil company Almashal to develop the production of the northern fields and through a partnership contract entered into with the British company. " opposed Iraq's Kurdistan region the conclusion of any oil contracts to develop oil fields are located within the boundaries of the province of Kirkuk and other disputed areas between Baghdad and Erbil . , says the region that the priority for the implementation of the constitutional article of settling the dispute over those areas before any agreement on the development of oil fields.

There are already differences between Baghdad and Erbil on contracts concluded by the latter with energy companies worldwide to develop oil fields in the Kurdistan region and Baghdad says it is illegal. The Iraqi Oil Minister Abdul Karim and coffee had said earlier this month that Iraq is studying proposals from foreign companies, including "BP" and "Sklomberghyr" to develop the Kirkuk field. the minister said "We are now in the process of studying the proposals made ​​by foreign companies to develop Kirkuk, because the extract Oil in these fields to take less in recent years. " From: Jafar Allonan. Open: Abdullah Sabri

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