Iraq’s oil production will reach 6 million barrels per day next year
Shahristani: Iraq’s oil production will reach 6 million barrels per day next year
Baghdad – and babysit – Deputy Prime Minister for Energy Affairs Hussein al-Shahristani said Iraq’s production of crude oil will arrive / / 6 million barrels per day next year.
Shahristani said that “the oil ministry began during 2007 and 2008, the implementation of a comprehensive plan and spacious by focusing on the development of oil fields., And then the Iraqi government decided to invite international companies to participate in the licensing rounds, various four which resulted in the signing of contracts to develop 12 patch of oil and 3 gas and there is a fifth round end of the year Current. ”
“The Iraq this plan has succeeded considered a remarkable success in the development of the fields and increase production, but it must develop plans to extend the pipeline and the construction of new ports to transport oil and gas.”
He said that “Iraq has begun serious thought to go toward manufacturing industries to cover the need of the domestic market and export the surplus, and thinking to invest in industries, petrochemical, and has signed the Ministry of Industry and Minerals 10 contracts with international companies to transform Iraq for the International Center for Chemical Industries” … p / i