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Experts: the discovery of three new oil deposits undiagnosed in Babylon
On: Saturday 05/05/2012 6:58
Baghdad - Babylon / range - Muhammad Iqbal,
professionals and officials discussed the oil exploration during a symposium held at the University of Babylon in order to invest in the fourth round of licenses to be held soon where there are three oil reservoirs ready for presentation to the international oil companies.
The head of the Department of Applied Geology at the University of Babylon, Dr. Amer Atiyah-Khalidi that the Middle Euphrates region heavy oil and contain oil deposits undiagnosed through studies such as evaluation primary and today we discuss the importance of the licensing round, the fourth conducted by the Ministry of Oil Soon, an exploration and drilling of wells, oil patch geography of the provinces.
added There are three sites diagnosed in the province is the rump and Musayyib and Jordan now, is part of the licensing round and there are metal clay and stone plaster in the rock cliff and places of gravel and sand in areas parallel to the province of Babylon and represents numerous other financial benefits.
For his part, Chairman of the Board of the province of Babylon Kazem glorious Toman on the existence of close cooperation and continuous between the Council and the University.
called Toman geologists to survey accurate to maintain in order to gain access to the resources of other essential sulfur and phosphate because of its significant impact on the economic side and the promotion of the Renaissance development of the province, and that begins with subject steady and confident, and that there is more of a working group with the support of the Council continues from the university and conduct surveys of public to preserve and give priority to projects that achieve the benefit of the province down to the strategies promoted locally.
He Toman that the licensing rounds set by the ministry in Babylon, is three reservoirs of oil spread over the province and district in addition to the Central Euphrates provinces included the extraction of oil in this round, which has an economic benefit to Iraq in general and the people of the province in particular and will maintain the extra money on the development of the regions.
For his part, President of the University of Babylon, Dr. Nabil al-Araji said the university is seeking to cooperate with various institutions in Babylon, noting that winning the licenses of oil companies to explore for oil in Babylon, Karbala and Najaf is very important for the level of economic in the provinces mentioned.
He added that the security stability in Iraq reflected the entry of companies to invest and contribute to building the new Iraq.
attended the seminar called by the province of Babylon, a number of members of provincial councils in Babil, Najaf and Karbala, and Diwaniyah.
The Ministry of Oil announced for the finalization of the investment in the common fields with Iran and Kuwait, noting that the solution to the problems of the common fields will be according to the contexts of the world followed.
said the spokesman of the Ministry of Oil, Assem Jihad, "Alsumaria News" that "The oil ministry put the finishing touches from the investment of the common fields with Iran, Kuwait and the way that serves both countries, "adding that" the technical committees shared between Iraq and Iran on the one hand, Iraq and Kuwait on the other is working to resolve outstanding issues with respect to these fields. "
Jihad said that "the solution to these problems will be according to the contexts of global through recourse to the joint investment of the field or resorting to a third party to invest in the field to be awarded each party what he deserves and as extensions of the field in its territory, "asserting that" This operation is followed globally, which takes each natural right in the field. "
A report issued by an international center for studies development on 19 April, that the losses of Iraq's annual exploitation of Iran's oil fields shared with approximately $ 17 billion.
includes Iraq 24 oil fields in common with Iran, Kuwait, Syria, including 15 field producer and other untapped, and highlighted those fields Safwan and Rumaila and Zubair with Kuwait , and crazy and Abu West and Bazargan, humorous and oil betrayed with Iran.
emphasizes Industry experts that the space is relatively simple from those fields located outside the territory of Iraq, but Iraq is weaker than its neighbors, technology and financial exploitation of oil reservoirs common, especially since it did not reach so far to hold a joint agreements with Iran and Kuwait on the exploitation of these reservoirs, for reasons including the failure to resolve the problems of border demarcation with them.
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