Iraq begins exploring oil and gas reservoirs in the offshore patch
Information / Baghdad..
The Chinese company (sinoc), in coordination with the oil exploration company, has launched seismic exploration reconnaissance in the first part of the Iraqi offshore patch to search for oil and gas reservoirs in regional waters.
The director of the oil exploration company, Ali Jassim, said in a statement reported by the official newspaper and seen by Al-maaluma, that
"the Chinese company has started its work in the implementation of a joint study contract for two-dimensional seismic surveys and geophysical surveys to explore hydrocarbon clusters in the Iraqi offshore patch north of the Arabian Gulf. Jassim stressed,
"there is an urgent government desire to invest and increase national reserves to keep up with the needs of the markets in accordance with the expectations of finding the targeted commercial quantities similar to the countries bordering Iraq". He pointed out that
"the Marine patch is two parts of land and sea, and the most important stage includes cleaning and lifting of War Remnants (projectiles and mines) from the land surface, as it is being implemented in coordination with the military effort of the Ministry of Defense and the Basra Oil Company, as well as the Regional Center for mine affairs in the Ministry of environment, while Bahri will soon bid on specialized companies".
In turn, the expert on Maritime Affairs Salah al-Basri said that
"the state of Kuwait still has a problem in the baseline with Iraq, because they object to drawing this line and interfering with their maritime borders and considering the waters of FAO as part of the Kuwait baseline". He added that
"the coastal states' deposit of the map of the regional sea and the economic zone without concluding an agreement with Iraq and in accordance with international law will cause disagreements, and the coastal state will exercise sovereignty not only over its territorial land, but also over the airspace and sea". Finished/25