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Oil reveal close to signing agreements with Iran and Kuwait to resolve the issue of the common fields Author: HAM Editor: NK, SR 28/01/2013 00:14

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Oil reveal close to signing agreements with Iran and Kuwait to resolve the issue of the common fields

Author: HAM
Editor: NK, SR 28/01/2013 00:14


Term Press / Baghdad
Revealed the Iraqi Oil Ministry, Sunday, near the end of file joint oil fields with Kuwait and Iran, and stressed that the interest of the countries which have common fields speedy resolution.
A spokesman for the Oil Ministry, Assem Jihad, said in an interview to the (long-Presse), "Both Iran and Kuwait Ibdita desire to close the file of joint oil fields," asserting that "the joint committees between Iraq and Kuwait and Iran has made great strides in resolving the file."
Jihad said that "there are simple steps to resolve this matter and conclude final agreements with both Kuwait and Iran," pointing out that "in the interest of countries which have common fields resolve these files."
Iraq has about 24 oil fields common to Iraq with Iran, Kuwait, Syria, including 15 field producer and other untapped, and most of those fields Safwan and Rumaila, Zubair with Kuwait, and crazy, and Abu West and Bazargan, humorous and oil Khanh with Iran.
According to the National Iranian Oil Company, it owns with Iraq 12 joint field contains up to more than 95 billion barrels in what is the largest reserves of hydrocarbons in one location in the Middle East.
The excavations revealed by the National Iranian Oil Company that Iraq and Iran possess 12 joint field contains up to more than 95 billion barrels, the largest in a single location in the Middle East. The company confirms that it is currently extracting about 130 thousand barrels per day of oil from these fields, 68 thousand barrels extracted from fields developed by Iraq so far.
And confirms Oil experts to areas relatively simple from those fields outside Iraqi territory, but Iraq is weaker than its neighbors technological and financial exploitation of oil reservoirs common, especially since it did not reach so far to hold joint agreements with Iran and Kuwait on the exploitation of these reservoirs for reasons including lack of resolve problems demarcation of the border with them.
A report issued by an international center for Development Studies in the UK in April of 2012 that the losses Iraq annual exploitation of Iran's oil fields shared with approximately $ 17 billion, and was astonished to overcook the Iraqi government human country's oil with Iran, accusing it of neglecting installation settings electronic measuring quantities Oil extracted and exported.
But the Energy Committee in the Iranian Shura Council, considered in December 2012, that Iran is the "Biggest Loser" by extracting oil from fields common border with Iraq to the non-existence of foreign companies in the fields as a result of international sanctions, a claim to "remove barriers" with Iraq to complete bilateral cooperation in this field, calling for the deposit of Iranian fields in the hands of foreign companies multiple.


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