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Iraq produces 3.4 million barrels of crude oil per day
April 25, 2013 11:58 PM Last Updated: 25 Apr 2013 11:58 AM
Deputy Prime Minister of Iraq j for Energy Affairs Hussain al-Shahristani, Wednesday evening, the production capacity of crude oil in Iraq, ranging now between 3.3 and 3.4 million barrels per day uses including 600 thousand barrels for the purposes of refining the local and the rest for export to world markets.
Shahristani said in an interview with the TV station "Iraq," the official said Iraq is currently working "to adopt a program for the production of crude oil in a sustainable manner for a period of 20 years in card ranging between 9 and 9.5 million barrels per day in cooperation with foreign companies that operate on the development of oil fields in Iraq. "
He explained that "Iraq's revenues recorded an increase of $ 100 billion after the conclusion of contracts Phones licenses to develop oil fields with major foreign oil companies."
He said that "Iraq suffered financial losses exceeding $ 10 billion by the Kurdistan stopped pumping crude oil produced in the fields of the region through the national system in accordance with international prices."
"The Kurdistan region is still the smuggling of crude oil produced in the region through the Turkish territory."
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April 25, 2013 11:58 PM Last Updated: 25 Apr 2013 11:58 AM
Deputy Prime Minister of Iraq j for Energy Affairs Hussain al-Shahristani, Wednesday evening, the production capacity of crude oil in Iraq, ranging now between 3.3 and 3.4 million barrels per day uses including 600 thousand barrels for the purposes of refining the local and the rest for export to world markets.
Shahristani said in an interview with the TV station "Iraq," the official said Iraq is currently working "to adopt a program for the production of crude oil in a sustainable manner for a period of 20 years in card ranging between 9 and 9.5 million barrels per day in cooperation with foreign companies that operate on the development of oil fields in Iraq. "
He explained that "Iraq's revenues recorded an increase of $ 100 billion after the conclusion of contracts Phones licenses to develop oil fields with major foreign oil companies."
He said that "Iraq suffered financial losses exceeding $ 10 billion by the Kurdistan stopped pumping crude oil produced in the fields of the region through the national system in accordance with international prices."
"The Kurdistan region is still the smuggling of crude oil produced in the region through the Turkish territory."
[You must be registered and logged in to see this link.]
