The Iraqi News Agency Independent / Baghdad / t. P ... Oil Minister Abdul Karim and coffee today to start a new project to increase oil exports by 900 thousand barrels per day, which will allow him to increase production at the same time. Laibi said in a press conference attended by
Reporter (and the Iraqi news agency Independent) "We have a project to increase export capacities" through the new system will begin work the end of January, at a cost estimated at more than $ 1.6 billion. He added that the project "was carried out by international companies under the supervision of leading international consultants", the aim of to "export oil through the new system." According to the project which was introduced in 2007 established five floats freely in the Gulf south of the country, fueled by "three tubes free length of 60 km from the FAO (the far south of Iraq) to international waters where it was set up buoys" . He said: "We will start the launch of the system, which cost us so far, $ 1.6 billion in 25 of the month, by pumping water to check the pipeline for a period of five to six days, and then will float the first ready to receive oil tankers." He noted that the energy buoy one of 850 thousand barrels.
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