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Tomorrow .. The opening of three oil projects in Basra
24/04/2012 0:00
The ministry played down the importance of export by pipeline
Baghdad, Qassim Hilfi
Oil Ministry announced that it will be held on Wednesday, a big celebration inaugurated three projects described as "important" in the province of Basra, while confirming that its pre-emptive aims mainly to raise the export capacity through the southern ports, reduced the importance of export through pipelines.
said ministry spokesman Assem Jihad, the "morning": that tomorrow (Wednesday) will see the inauguration ceremony of the second phase of West Qurna field, and will be direct drilled the first oil well an official ceremony, while will be implemented company Samsonk South Korean projects secondary Field said, adding that this field is one of the giant fields, where it is estimated that oil reserves in which up to 13 billion barrels of oil.
He added that the contract value of $ 998 million and the duration of the implementation of up to about 29 months, explaining that the contract includes development of 67 wells in the field.
Jihad said that the celebration will also include the opening of a sub-project to develop the station central processing in these wells and plant processing water on the river Euphrates, and the construction of facilities dolly for the preparation, distribution and exchange of water and extract petroleum gas, as well as the construction of tanks for the storage and collection of oil, which is for export and to establish industrial workshops and warehouses and a center for monitoring and control wells.
He explained that the opening of these two projects will coincide with the opening of the platform floating the second, which will contribute to export 1.8 million barrels per day of crude oil, saying it will raise the export capacity for ports south of the country to three million and 500 thousand barrels per day after it was the platform the first nine export 1.7 million barrels.
He noted a spokesman for the ministry that the plan approved focused on expanding its export outlets and the delivery capacity to 6 million barrels per day, proactively, adding that the current production capacity of Iraq's estimated two million and 500 thousand barrels per day, indicating that the plan aimed at to get to the creation of five platforms card export four million and 500 thousand barrels per day from the south.
and reduced the jihad at the same time the importance of the contract to extend the pipeline with the neighboring countries, stressing that the agreement with the Syrian side to extend the three pipeline of new crude oil export capacity 2.5 million barrels day does not necessarily mean that the fear of the repercussions of closing the Strait of Hormuz, but was hurt in the steps of the ministry to expand the export ports.
He explained that the Ministry has a big project called project pipeline in national D pipeline length of 600 kilometers from the south to the north to transport crude oil and products and maneuver it according to need and demand and also can move products in reverse from the north to the south, noting that the Oil Projects Company implemented for this project has completed the completion of 200 km and the remaining 400 km will hopefully be completed in full the end of next year.
He said the case the same applies to discuss with the Saudi side to restart the pipeline carrier crude oil which needs to solve many problems with those other than the Ministry of Oil as well as approvals of the Ministry of Saudi oil, indicating that the Ministry's plans in this aspect is not real, but long-term and implement planning thoughtful and in stages, adding that the attention was focused now on the export of oil crude from the southern and northern ports.
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