Oil Ministry opens tomorrow, the first port of the floating card export 850 thousand barrels per day
11/02/2012 PM - 2:11 p.m. | Hits: 15
The Oil Ministry announced that the floating port in Basra, has been performed in full and will be officially opened on Sunday card export of 850 thousand barrels per day.
He said the ministry spokesman Assem Jihad, "This will be the first port of within 5 ports capacity of each and every one of them 850 thousand barrels in order to increase export capacity of the ports of the South, which currently stands at 1.75 million barrels a day."
He added jihad, "the ministry's plan to establish pre-emptive these ports is to raise the export capacity to 5 million barrels per day, which kept pace with increased Iraqi production after the conclusion of contracts to develop fields in the south within the first licensing round and the second."
Jihad said, "The projects are 3-D tubes free length of 60 km from the top of Bisha in the Faw area towards the Iraqi territorial waters and the establishment of 16 tanks with capacity 350 thousand barrels in order to add storage capacity and export added to the ports of the South in order to increase export capacity to between 10 to 12 million barrel during the next few years. "
And was scheduled to be opened in the port 27 of the last month has been postponed for technical aspects / by the Ministry of Oil /.
The Minister of Oil Abdul Karim and coffee had been announced on the eighteenth of last month that the next few days will witness the opening of the project raise the energies of the export of oil from the south, which amounted to the cost of the first phase billion and $ 600 million to reach export capacity to 5 million barrels per day in the future.
He said in a news conference that the project escalation of production capacities, which is the most important project in Iraq, not only in oil but in other economic sectors, has been implemented by international companies and international experts will follow us trial run later this month, which will be beyond the direct export of Iraqi oil. / 4
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