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Report: Iraq seeks to expand oil supplies over the next years
06/11/20140 Global news agency, predicted Monday that the full lifting of sanctions on Iran to spark new competition with Iraq along with OPEC, to capture a second world oil producer, analysts in Tehran to face difficulties continues to wrest the title from Baghdad. According to Reuters, the report, obtained by (term), "both countries neighbour of Iraq and Iran, is seeking to expand its oil over the next few years, exacerbating the difficulties faced by the Organization of petroleum exporting countries OPEC, if the increase in oil production from other States to get her to think about reducing the production rate." according to the newspaper the range
The Agency indicated that Baghdad had moved quickly through 2014, with the arrival of its production to three million and 400,000 barrels per day, and raised the rate of exports to a record in February, reaching 2 million and 800 thousand b/j, which cemented its place as the second largest OPEC producer after Saudi Arabic ". The Reuters Agency, engineer at nftiks geological consulting Neftex, Peter wells, who served in Iran, was quoted as saying that "the race continues to strengthen production capacity, perhaps Iraq and Iran together over the next few years, the pro-peace momentum created by" Iraq will try to further enhancing oil production, leaving Iran behind him. " The Agency found that, with the arrival of the production of about three million and 200 thousand b/j she seeks to increase it to four million barrels of oil
production added Kurdistan ", stating that" Iran which gained more confidence after the partial lifting of Western sanctions, pumping additional amounts of oil up to 2 million and 800 thousand b/j ". According to Reuters, "the Iranian Oil Minister, Bijan zanganeh, pledged to return the country to its rightful place as the second largest producer in OPEC, if Western sanctions", noting that "experts outweigh lack of Iran". Reuters quoted the Director of one of the oil companies, who declined to be named, as saying that "Iran's infrastructure is old but working, most problems that prevent them from achieving progress in terms of oil production, it is bureaucracy and logistics," returned to "difficult to Iran exceeded production rates Iraq the continuously for less than two years or three years."
The Iraqi oil Ministry, said, (June 1, 2014), increase its exports to more than 80 million barrels in may, bringing the material revenues amounted to more than eight billion dollars, despite stopping the Kirkuk-Ceyhan line, since the second of March 2014, because of the terrorist attacks targeted by repeatedly stating that "the quantities exported and revenue for may 2014 from southern ports with the highest export rate on her since 2003, with an average daily exports of more than 2 million and 582 thousand Twirl, by selling $ 100 and 80 cents per barrel.
The oil Ministry announced on May 4, 2014, from crude oil exports reached 2 million barrels a day and 512 in April, indicating that its revenues reached seven billion and $ 576 million.
As announced by the Platts index (Platts), (14 may 2014), the arrival of OPEC in April last year, to more than 29 million barrels per day, and increase production March by 160,000 barrels, among the main causes for the increase are Iraq, Angola, Saudi Arabia, that Iraq's record of "record" in its exports through the southern ports, despite the constant interruptions to the flow of crude oil through the Kirkuk-Ceyhan pipeline, which has increased its production by 100,000 barrels per day, bringing total production to 3 million and 250 thousand b/j.
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06/11/20140 Global news agency, predicted Monday that the full lifting of sanctions on Iran to spark new competition with Iraq along with OPEC, to capture a second world oil producer, analysts in Tehran to face difficulties continues to wrest the title from Baghdad. According to Reuters, the report, obtained by (term), "both countries neighbour of Iraq and Iran, is seeking to expand its oil over the next few years, exacerbating the difficulties faced by the Organization of petroleum exporting countries OPEC, if the increase in oil production from other States to get her to think about reducing the production rate." according to the newspaper the range
The Agency indicated that Baghdad had moved quickly through 2014, with the arrival of its production to three million and 400,000 barrels per day, and raised the rate of exports to a record in February, reaching 2 million and 800 thousand b/j, which cemented its place as the second largest OPEC producer after Saudi Arabic ". The Reuters Agency, engineer at nftiks geological consulting Neftex, Peter wells, who served in Iran, was quoted as saying that "the race continues to strengthen production capacity, perhaps Iraq and Iran together over the next few years, the pro-peace momentum created by" Iraq will try to further enhancing oil production, leaving Iran behind him. " The Agency found that, with the arrival of the production of about three million and 200 thousand b/j she seeks to increase it to four million barrels of oil
production added Kurdistan ", stating that" Iran which gained more confidence after the partial lifting of Western sanctions, pumping additional amounts of oil up to 2 million and 800 thousand b/j ". According to Reuters, "the Iranian Oil Minister, Bijan zanganeh, pledged to return the country to its rightful place as the second largest producer in OPEC, if Western sanctions", noting that "experts outweigh lack of Iran". Reuters quoted the Director of one of the oil companies, who declined to be named, as saying that "Iran's infrastructure is old but working, most problems that prevent them from achieving progress in terms of oil production, it is bureaucracy and logistics," returned to "difficult to Iran exceeded production rates Iraq the continuously for less than two years or three years."
The Iraqi oil Ministry, said, (June 1, 2014), increase its exports to more than 80 million barrels in may, bringing the material revenues amounted to more than eight billion dollars, despite stopping the Kirkuk-Ceyhan line, since the second of March 2014, because of the terrorist attacks targeted by repeatedly stating that "the quantities exported and revenue for may 2014 from southern ports with the highest export rate on her since 2003, with an average daily exports of more than 2 million and 582 thousand Twirl, by selling $ 100 and 80 cents per barrel.
The oil Ministry announced on May 4, 2014, from crude oil exports reached 2 million barrels a day and 512 in April, indicating that its revenues reached seven billion and $ 576 million.
As announced by the Platts index (Platts), (14 may 2014), the arrival of OPEC in April last year, to more than 29 million barrels per day, and increase production March by 160,000 barrels, among the main causes for the increase are Iraq, Angola, Saudi Arabia, that Iraq's record of "record" in its exports through the southern ports, despite the constant interruptions to the flow of crude oil through the Kirkuk-Ceyhan pipeline, which has increased its production by 100,000 barrels per day, bringing total production to 3 million and 250 thousand b/j.
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