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Expectations of higher exports of Kirkuk oil to more than 400 thousand b / d in May
24/04/2012 21:40
Portal Iraq, "the follow-up economics editor
In a story reported by "Reuters" Show download table on Tuesday that it expected to reach the Iraqi Kirkuk crude exports about 425 thousand barrels per day in May.
The crude is exported from the port of Ceyhan and the first shipment for the month of May will be on the ninth of the month. Was delaying the onset of export in April week also because of the planned maintenance at the port.
And suffered the Kirkuk-Ceyhan pipeline, due to technical problems as well as bombings, most recently in early April
The North Oil Company had reported at the beginning of this April, that "the oil fields of Kirkuk exports through the port of Ceyhan, Turkey rose to 500 thousand barrels per day.
A source in the North Oil Company said the process of pumping oil from the Kirkuk fields through the Turkish port of Ceyhan rose to 500 thousand barrels per day, up from 400 thousand barrels indicating that it has recently stabilized at that rate.
The source explained that the reasons for the rise in export rates to the stability of production in the oil fields of Kirkuk, after the establishment of the North Oil Company developed a number of wells and fields, stressing that the North Oil Company has worked to develop the fields, Bai Hassan and Kirkuk, Ain Zala, which raised the proportion of its production to 415 thousand barrels per day, likely arrival of production at the end of this year to "more than 850 thousand barrels per day, according to a plan developed by the North Oil Company."
The company has oil fields north of Kirkuk and Bai Hassan, and Ain Zala and Jambour and a number of other fields, and monthly revenues exceed billion.
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