Iraq starts exporting oil from the new port in February next Wed, 4 Jan 2012 time: 8:37
Agencies:
Officials in the oil sector, Iraq plans to start exporting crude oil from the first port of three new offshore export terminals in the Persian Gulf at the beginning of February, a move that will raise the export capacity by 900 thousand barrels per day.
Basra ports and an increased capacity to export a cornerstone of Iraq's ambitious plans to revitalize the oil industry after years of war and economic sanctions, neglect and climbed into the ranks of senior producers and exporters in the world.
Iraqi officials had expected to start exporting oil from the port of the first of these new ports in the first of December / January, but the second test of the new export pipeline is not yet complete.
And "Reuters" quotes officials as saying that the consultations between the Ministry of Oil and South Oil Company, Foster Wheeler, director of the project in the last week resulted in this new schedule.
Said Asim Jihad, spokesman for the Iraqi oil ministry is expected to complete the final test of the new export pipeline and export facilities other pertaining to the first floating port end of this month.
It will also raise the export capacity in the Gulf, which cost $ 1.3 billion in the establishment of marine pipelines inland line in addition to four ports for loading tankers.
He said an engineer in a project to raise the export capacity SOC to create a dual pipeline, which extends 60 km and will carry crude to ports of the mainland has been completed but will require the completion of the test two weeks at least.
He said the engineer, who requested anonymity, "was supposed to complete our work on the project earlier, but we need more time to conduct final tests for any possible leaks and the completion of the installation of valves, pipes.
"We will be ready to start the export port of the first end of this month," he said, adding "other ports will be installed by the end of the year."
A source in the Iraqi Oil Marketing Company (SOMO) said Tuesday that Iraqi crude oil exports rose to 2.145 million barrels per day in December / December of 2.135 million barrels per day in October / November.
He added that "Iraq was 1.733 million barrels per day of oil hub of Basra in the south of the country and 412 thousand barrels per day from the northern fields around Kirkuk."
Iraq seeks to export 2.6 million barrels a day this year, according to the plan included in the financial budget of the country that rely on oil imports by 95 per cent.
Iraq is a member of OPEC and has the fourth-largest oil reserves in the world, and entered into agreements with global energy companies to raise production to 12 million barrels per day by 2017.
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Agencies:
Officials in the oil sector, Iraq plans to start exporting crude oil from the first port of three new offshore export terminals in the Persian Gulf at the beginning of February, a move that will raise the export capacity by 900 thousand barrels per day.
Basra ports and an increased capacity to export a cornerstone of Iraq's ambitious plans to revitalize the oil industry after years of war and economic sanctions, neglect and climbed into the ranks of senior producers and exporters in the world.
Iraqi officials had expected to start exporting oil from the port of the first of these new ports in the first of December / January, but the second test of the new export pipeline is not yet complete.
And "Reuters" quotes officials as saying that the consultations between the Ministry of Oil and South Oil Company, Foster Wheeler, director of the project in the last week resulted in this new schedule.
Said Asim Jihad, spokesman for the Iraqi oil ministry is expected to complete the final test of the new export pipeline and export facilities other pertaining to the first floating port end of this month.
It will also raise the export capacity in the Gulf, which cost $ 1.3 billion in the establishment of marine pipelines inland line in addition to four ports for loading tankers.
He said an engineer in a project to raise the export capacity SOC to create a dual pipeline, which extends 60 km and will carry crude to ports of the mainland has been completed but will require the completion of the test two weeks at least.
He said the engineer, who requested anonymity, "was supposed to complete our work on the project earlier, but we need more time to conduct final tests for any possible leaks and the completion of the installation of valves, pipes.
"We will be ready to start the export port of the first end of this month," he said, adding "other ports will be installed by the end of the year."
A source in the Iraqi Oil Marketing Company (SOMO) said Tuesday that Iraqi crude oil exports rose to 2.145 million barrels per day in December / December of 2.135 million barrels per day in October / November.
He added that "Iraq was 1.733 million barrels per day of oil hub of Basra in the south of the country and 412 thousand barrels per day from the northern fields around Kirkuk."
Iraq seeks to export 2.6 million barrels a day this year, according to the plan included in the financial budget of the country that rely on oil imports by 95 per cent.
Iraq is a member of OPEC and has the fourth-largest oil reserves in the world, and entered into agreements with global energy companies to raise production to 12 million barrels per day by 2017.
[You must be registered and logged in to see this link.]