Home
Press reports revealed that "Iraq plans to boost oil export capacity significantly by the end of the first quarter of next year, Zaid from his rival to Saudi Arabia, the largest oil exporter in the world."
The Reuters news agency said in a report followed the / Presse Iraq /, said on Thursday that "Iraq plans to boost oil export capacity significantly by the end of the first quarter of next year, with the aim of acquiring a larger share in the growing Asian market."
She added that "Iraq appeal to Asian customers by facilitating the payment terms, to attract buyers with the resurrection of increasing oil production after years of wars, but problems related to infrastructure and security hamper efforts to keep the regular levels of production and exports," ..
The Deputy Prime Minister for Energy Affairs Hussain al-Shahristani, announced on Wednesday, that "Iraq aims to increase oil export capacity to four million barrels per day by the end of the first quarter of next year."
Shahristani said on the sidelines of the World Energy in South Korea, that "Iraq is currently producing up to 3.3 million barrels per day of crude and perhaps touching 3.5 million barrels per day by the end of the year, and issued the country is now 2.5 million barrels per day of production, and moving 60% of those quantities to Asia while moving 20% of them to the U.S. market and the rest to Europe.
[You must be registered and logged in to see this link.]
The Reuters news agency said in a report followed the / Presse Iraq /, said on Thursday that "Iraq plans to boost oil export capacity significantly by the end of the first quarter of next year, with the aim of acquiring a larger share in the growing Asian market."
She added that "Iraq appeal to Asian customers by facilitating the payment terms, to attract buyers with the resurrection of increasing oil production after years of wars, but problems related to infrastructure and security hamper efforts to keep the regular levels of production and exports," ..
The Deputy Prime Minister for Energy Affairs Hussain al-Shahristani, announced on Wednesday, that "Iraq aims to increase oil export capacity to four million barrels per day by the end of the first quarter of next year."
Shahristani said on the sidelines of the World Energy in South Korea, that "Iraq is currently producing up to 3.3 million barrels per day of crude and perhaps touching 3.5 million barrels per day by the end of the year, and issued the country is now 2.5 million barrels per day of production, and moving 60% of those quantities to Asia while moving 20% of them to the U.S. market and the rest to Europe.
[You must be registered and logged in to see this link.]
