The presence of a multitude of stocks and derivatives
Baghdad Tariq al-Araji
The Oil Ministry has made a significant oil discovery in the area of exploration ninth in Basra province, noting that the production rates ranging between five thousand and eight thousand barrels per day, while confirming the presence of large stocks of various petroleum products Bmistodatha in most provinces.
An official source at the ministry's "morning," said a consortium of Kuwait Energy Kuwait and Drakoun Oil UAE was able to achieve this great discovery in the area ninth expedition in the installation of the dove and the depth (4000 m) in the well Faiha (1). "He added that" tests conducted on the detected configuration proved that the production rates ranging between five thousand and eight thousand barrels per day, noting that the coalition had previously achieved another important oil discovery in the formation of the supervisor in the well Faiha (1) within the area of exploration itself. He explained that the source of these discoveries Sbivan a significant increase of the total production of oil fields, pointing out that the coalition will conduct further drilling and evaluation of the development of this field.
And signed the oil ministry in the January 27, 2013 service contract to develop the patch ninth exploratory finalized after approval of the Cabinet with a consortium of Kuwait Energy Kuwait and Dragon UAE, who won in this area in the fourth round of licenses patches exploratory and paid profit of $ 6.24 per barrel of oil equivalent. They expected the oil ministry to be ninth, located in Basra province, with an area of 900 km 2 of possibilities Haedrocarbonah area (oil).
On the other hand confirmed that the Ministry of Oil and the presence of large stocks of oil products in warehouses Alkhoznah.obin source said the ministry has large stocks of various petroleum products like gasoline and kerosene and liquid gas and kerosene, stressing the last to see a smoother distribution Unlike previous years, since there is no witness distribution outlets in the general areas of any little momentum.
As for the delivery of petroleum products to the liberated areas, he stressed that the ministry is working to deliver products to them in coordination with the security agencies as deliberately provided in those areas very smoothly.
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