WELCOME TO BONDLADYS CORNER...WE CARRY ON HER CUSTOM OF MAKING THIS SITE YOUR 24 HOUR A DAY IRAQ NEWS ARTICLE SOURCE

THANK YOU FOR YOUR CONTINUED SUPPORT OF OUR LADY.


You are not connected. Please login or register

Iraq expected to arrive to the roof of 3.25 million barrels per day by next year

Go down  Message [Page 1 of 1]

Shredd

Shredd
CO-ADMINISTRATOR
CO-ADMINISTRATOR

Shahristani, Iraq expected to arrive to the roof of 3.25 million barrels per day by next year

Date: Monday 02/13/2012 15:39


Director of the Southern Oil Company: During the maximum period of 10 days will load the first tanker through the port new oil

Basra _ Mohammed Fartusi opened the Iraqi port of a new export of crude oil on the Gulf port of Basra, the southern oil paved the way for increased exports about 300 thousand barrels per day from next month when it begins downloading crude. and delayed loading of the buoy mooring single in the Gulf, part of the huge plan to expand the export facilities in Iraq more than once due to bad weather and technical problems.

said Jafar Chairman SOC during the opening ceremony that will be pumping oil in the marine pipelines in the last stages of testing before it starts loading tankers within ten days. "The opening of today's most important achievements of the Ministry of Oil and the Iraqi government on this trip, as we have today launched the first phase of the escalation of export capacity and, God willing we hope within a week to ten days hold the carrier the first of this project. is a project promising a foundation stone for the manufacture of Iraqi oil future, God willing. "

If the project goes according to plan will rise of exports from the southern fields in Iraq, to 1.9 million bpd in March, bringing the total shipments of Iraq to 2.3 million barrels per day the highest level since 2003. Iraqi officials say they are seeking because the total exports 2.6 million barrels per day by May.

This will require a monthly increase of 100 thousand barrels per day in the south until the middle of the year until they reach the maximum of 2.2 million barrels per day and to stabilize exports from northern Iraq at 400 thousand barrels per day. In Iraq is a member of OPEC plan worth $ 1.3 billion to expand the export facilities in the south including the establishment of pipelines under water pipeline nautical and four buoys to establish a single.

Jafar said that the buoy lay a single other may be ready in three or four months. and Iraq's infrastructure obsolete and can not absorb the increase in production from foreign companies such as Shell, Exxon and BP. me that have signed hefty contracts with Baghdad to develop the Rumaila fields, West Qurna 1, Zubair. would operate three buoys to establish a single by the end of the year to raise energy Iraq in the Gulf export 2.7 million barrels per day, more than double the current capacity of Basra.

And you can port the current Gulf export about 1.7 million barrels a day. Meanwhile, a deputy prime minister for energy Hussain al-Shahristani, "it was the opening of platforms total export capacity of these two platforms 1.7 (bpd). and the port of Basra oil capacity 1.7 (bpd). Vpavtaatah these two platforms will be the export capacity of the southern region of more than 3.4 million barrels per day. " and noted that "in the coming year we expect to be on average annual export of about three and a quarter million (barrels) per day and perhaps more."

[You must be registered and logged in to see this link.]

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum