Oil: We'll be the world's largest producers of 5 years and parliamentary power: the absence of legislative framework will not prevent the ministry
BAGHDAD - World
Male Assem Jihad, spokesman of the Ministry of Oil, on Sunday, that "there is a gradual increase in the rate of production over the next five years according to a detailed study developed by the Ministry of the reality of global markets and its oil for Iraq can reach high levels and acceptable production, in order to be production appropriate to the needs of the world's oil. "
And that "the increase will be adding (200 - 300) thousand barrels per day on average per year, so that the rate of production ranges between (6 - 7) million barrels of oil per day in 2017, and this is the goal of the planned by the ministry."
He noted that the "plan of the Ministry of Oil for 2013 is the addition of (300) thousand barrels of exports so that the production rate (3.7) million barrels per day, and the rate of total exports (2.9) million barrels per day."
He went on saying that "the ministry's plan aims to increase oil production through contracts with major international companies within the licensing rounds first and second, noting that each company in collaboration with the Angels national and laid plans to develop the fields in which they operate, and consists plans of three stages (close, medium and long-term ). "
The Jihad of the Agency "news" that "there is a clause in the contract with the companies that each company obliged to achieving an increase in the production rate of (10 percent) within three years, adding that some companies reduced duration less than three years and has achieved a certain increase in the end of 2012, which exceeded production (3.2) million barrels per day, exceeding exports (2.6) million barrels per day.
The Jihad, "The process of the increase in production is not concentrated on a particular field without another, but all the oil fields that were presented within the licensing rounds are large fields and reliable, field crazy and Rumaila and West Qurna in Basra as well as other fields in Maysan and Nasiriyah."
He said the "process of upgrading Taqtin production and export of crude oil must be accompanied by a set of processes to achieve such as restoring the rehabilitation of infrastructure for the oil sector, where taken Oil Ministry several steps in this area, including increasing export capacity and Alkhoznip in harbors and South, which included the works create more than (18 ) tank large capacities of more than (300) thousand barrels per day.
He continued in addition to the opening of four new reservoirs and port floating second capacity load up (800) thousand barrels per day, therefore this gave high flexibility process oil exports because they accommodate export more than (6) million barrels per day, as well as the establishment of new pipelines linking the oil fields Bmahtadtha huge and export them to the ports.
He referred to "the agreement with the Jordanian side to extend the oil pipeline to the port of Aqaba for the processing of the Hashemite Kingdom of remaining oil and export it to the Mediterranean ports, and this will enhance the oil export ports."
For its part, considered Susan Saad, a member of the Commission on oil Burmese that "the policy of the Ministry of Oil, good because it has achieved great successes in production processes and exports, and managed to reach the desired goals, despite the challenges facing the oil sector and the country in general."
Saad said, "Iraq could be of major countries producing oil regionally and globally, through the plans by the Oil Ministry to increase production in the coming years, as well as the proven reserves in the ground."
"The absence of oil and gas law does not prevent the ministry from progress towards achieving its goals and access to the highest levels of production, they have plans in place and monitor the work of companies."
Pedroh sign Jamal Faleh, director of the designs in Oil Projects Company "completion of technical studies and designs for the Iraqi oil pipeline" Basra - Aqaba "carried out by a Canadian company over the next three months, but he did not give a specific date for the tender."
He Faleh, "The second part of the pipeline will carry about one million barrels of oil a day will be exported through the port of Aqaba, pointing out that Iraq will establish stations to store oil coincides with the first phase of the project, especially as expectations suggest that Iraq's oil output could reach about 9 million barrels per day by 2017. "
He added that "the first part of the pipeline extending from Basra to the modern city will transfer about 2.25 million barrels of oil per day 56 inches in diameter will be set up an oil storage depot with a capacity of 16 million barrels through the establishment of dozens of giant reservoirs, while another will be held at the modern with a capacity of 12 million barrels of oil. "
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