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Oil announces discovery of the details of three axes
02/06/2012 0:00
Conclusion of the licensing round, the fourth transmit three patches to explore
Baghdad - morning - Qasim Hilfi
detect and Oil Minister Abdul Karim and coffee for initiating the ministry's plan exploratory ambition based on three axes and aims to increase oil reserves and maximize revenue, adding that the licensing round, the fourth, which ended yesterday the first Thursday, is the one of the three axes. He said the coffee in a statement the "morning" on the sidelines of the fourth round: "The ministry started the plan of exploratory ambition is very dependent on three axes, including licensing round, the fourth, which includes 12 exploration blocks and the second axis effort Oil Exploration Company, which has strengthened its teams into three teams working and two divisions new Stdkhalan into service soon, "adding" to conduct a complete study of the field Gharraf national efforts exclusively for the first time, what will make the national effort in promoting the process of exploration major. "
"The third trend of the plan is to drill exploratory, as identified several sites will be drilled in succession," he said "The teams completed the drilling of first well and has achieved impressive results both quantitatively and qualitatively, including oils mild unexpected amounts of oils excellent in the field Aldemh in eastern Maysan," noting that "The ministry will announce details at a later time, after the completion of all studies on the subject." And on the licensing round, the fourth involving 47 companies worldwide, he said, it "is a tour of the quality of a private Balriqa exploratory and different from its predecessors of the three that were to develop the fields, while the Ministry aims of this tour is the basis to increase the reserves of oil and gas and the formation of ground to enter the industry gas, which lacks the country, a factor that is important for the Ministry, "adding that" The ministry has expanded over the past year to sign contracts to increase the capacity of production, as will lead this tour to promote the reserve and especially of the gas industry invasive view of the growing need for gas, especially in the sectors of electricity and industry. "
He Laibi that "the mechanism of action of the companies on this tour include a specific piece of land granted to the company are in the process of winning its first discovery of quantities and will be the second phase is the stage of development, certainly." For his part, said spokesman of the ministry, Assem Jihad, the Oil Ministry "designed to cover the largest possible number of provincial development projects and investment optimization of the wealth of oil and gas, as reflected in the economic and human development to the people of Iraq."
Jihad said that "the licensing round, the fourth included 12 patch exploratory, is Alriqatan the first and second in Nineveh, and part of a second is located in Anbar, and the third, fourth and fifth in Anbar, and seventh in Qadisiyah, and part in the province of Muthanna, and eighth in Diyala, and ninth in Basra, near the Iraqi-Iranian border, and the tenth joint between the provinces of Qadisiyah and Muthanna, Alriqatan as well as the eleventh and twelfth Mstrkian between Najaf and Muthanna, "adding that" it is hoped that the intervention within the province of Muthanna provinces that will receive investment of oil and this is what position to benefit from the petro-dollar and improving the situation of infrastructure and services. " And led the second session of the tour to invest Riqotain exploratory, as the company won Pakistan Petroleum Pakistan qualifies patch number (
which is located in the provinces of Wasit, Diyala, an area of (6000) km 2 expectations Haedrocarbonah gas after it has provided Agra low profits amounted to (5.38) dollars, when he came in a consortium of JAPEX and ITER Joe Agra low profits amounted to (10.57) dollars. He won a consortium of Lukoil, Russian and Japanese Ambaraks qualifying exploratory area number (10), five thousand and an area of 500 square kilometers, after he made Agra low profits amounted to (5.99) offers dollars on them. Attended the tour, in addition to the oil minister, member of the Energy Committee in the House of Representatives, Dr. Ali Fayad, and the President of the Investment Authority, Dr. Sami al-Araji, a number of governors and heads of provincial councils. Was a coalition of companies, Kuwait Energy, Kuwait and (TPEO) Turkish and Dragon UAE has won the first meeting with an investment area exploratory No. 9 adjacent to the Iran-Iraq border in the province of Basra, while did not make any of the companies participating in the round of exploratory investment patches invading the other nine.[You must be registered and logged in to see this link.]
