Home
Informed sources expect the export of oil through the port of a new marine
On: Sat 1/28/2012 8:38
□ Baghdad / follow-up Range - agencies,
sources said that Iraq oil expected to start exporting oil from the new port in the Gulf within ten days after the postponement of the opening of the end of the link and test tubes. The oil minister said last week that the test pumping oil through a new single-buoy laying will begin on Wednesday and that the port will be ready to receive ships in February.
And will add a new port about 900 thousand barrels per day to export capacity in conjunction with the Western embargo on Iranian oil may put pressure on global supplies.
But a source in the South Oil Company said that the test pumping of the parts of the land and sea from the new pipeline extending to the harbor is not complete.
The source said a member of team lifting capacity to export South "We have to complete the test on all parts of the line and only then will we be able to connect the line wild part marine. We need about ten days to complete the work."
It will also raise the export capacity of Iraq in the Gulf, which cost $ 1.3 billion two pipelines under the surface of the sea and the land line in addition to four buoys to establish a single to load the tankers.
and add each buoy about 900 thousand barrels per day to Iraq's export capacity. The officials said that Iraq will begin running Awamtin two more later this year.
and hindered capacity constraints export plan for Iraq ambition to join the group's largest crude oil producers in the world.
and laid the Baghdad, a group of contracts to develop the fields on large foreign firms such as Shell, Exxon Mobil and BP. my target lift production capacity to 12 million barrels per day by 2017. Most analysts believe that the realistic objective of between six and seven million barrels a day.
A statement of the Oil Ministry on Wednesday to postpone the opening of the first buoy until further notice, without any details. It was scheduled to be opening on Friday.
He said Asim Jihad, spokesman for the Ministry of Oil said the weather was bad in the Gulf over the weekend, which contributed to the postponement of the marine part of the pipeline. He expected to start pumping crude through the port in coming days.
Another official said the South Oil Company owned by the state that the delay was due to technical reasons and delayed ship was scheduled to dock to load crude from the port. He added that the completion of all the technical details will need about ten days.
Iraq currently produces about three million barrels per day while the average export 2.165 million barrels per day last year, according to data Iraqi oil marketing company (SOMO).
It is expected to average exports of 2.5 million barrels day this year.
buoys and after running the first three energy will increase Iraqi export in the Gulf by 2.7 million barrels a day to become more than double the current capacity of Basra. The export capacity of the ports based in the Gulf, about 1.7 million barrels a day.
and Iraq is planning also to create a pipeline, a third the Gulf and the buoy to establish single-fourth, while aspiring to create a float fifth in the future.
in the meantime confirmed by the Ministry of Oil that oil prices will rise to about twice the current price in the event of closure of the Strait of Hormuz.
A spokesman for the Ministry of Oil, Assem Jihad, the "Euphrates News" that all the producing countries and oil-consuming nations will be affected in the event of closing the Strait of Hormuz, "adding that" the strait pass through it daily about 17 million barrels of oil and close it will be affected by all These countries, especially the producing countries that do not have alternative outlet. "
Iran has threatened to close the strategic Strait of Hormuz in the event of the imposition of economic sanctions on its oil upon which to finance about 80% of the country's budget.
Jihad said that "Iraq has an outlet Koreans can export oil through it in the event of closing the Strait of Hormuz. "
The Jihad "If you shut down the Strait of Hormuz, even if for short hours, the price of a barrel of oil will rise a lot and if it closed for long periods may double the price per barrel, which would negatively affect the global economy will impact on everyone."
The Minister of Oil former Iraqi Ibrahim Bahr al-Ulum has confirmed that more than 16 million barrels of oil transported daily through the Strait of Hormuz, including 1.7 million barrels from Iraq, closing the strait will lose the country $ 250 million every day. to the committee said the oil and energy parliamentary that the enactment of the to divide the profits of oil and gas exist in the Constitution provided that distributed to the citizens directly, calling to be of such internal issues among Iraqis exclusively.
The head of the Kurdistan region, Massoud Barzani, had demanded during a meeting, last Wednesday, the Special Representative of the International Energy U.S. Department of State Carlos Pascoal and his accompanying delegation and accompanied by U.S. Ambassador to Iraq, the allocation of law in accordance with the Constitution regulates the division of profits of oil and gas in Iraq.
A member of the Commission on oil and energy parliamentary Susan Saad's "Twilight News" that "the division of profits of oil and gas contained in the Constitution through distribution to citizens directly not by local governments and regions, "indicating that" the division of profits in many ways, one of them to activate the law of petro dollars to support projects in the governorates and regions producing oil, or distributed directly to citizens. "
explained Al-Saad said "to discuss a bill to divide the profits of oil and gas in Iraq supposed to have been between the federal and regional authority, not with the other parties, "asserting that" in case the need for legislation such as this law the United States is not interested in that. "
The Saad that "the Kurdistan region has more than 50 MP's, can those members to submit a proposal on the division of profits of oil and gas, "stressing that" if the legislation of the law in this regard, it is supposed to include the citizens first, the fact that most of the segments of Iraqi society under the poverty line, particularly the central and southern governorates. "
The government has announced, last July, for ratification on the draft law of oil and gas, and decided to submit them to Parliament for approval, while the government refused the Kurdistan region of this project.
revolves dispute between Arbil and Baghdad on 41 contracts, oil and signed by the Government of the Territory since 2007 and so far, described Baghdad's lack of transparency in the signature, while refused to Erbil recent draft of the Oil and Gas Law approved by the Iraqi government and sent to the House of Representatives for approval.
and declared the presidency of the Kurdistan Regional Government, the beginning of last month, the consensus principle, happened between Arbil and Baghdad on a new formula to approve oil and gas law, indicating that the oil and gas committee is working to translate the consensus through a combination of law and the draft proposal.
[You must be registered and logged in to see this link.]
