Shahristani: we will take action in the event of oil has been exported outside the framework of Sumo
Shahristani: Iraq’s fifth-largest oil reserves in the state and we will take action in the event of oil has been exported outside the framework of Sumo
29-01-2014 06:12 PM
London (news) … Deputy Prime Minister for Energy Hussain al-Shahristani that ‘Iraq’s fifth-largest country in the world in gas reserves Tabieibaanaati an estimated 150 billion barrels’. confirmed al-Shahristani, in a press statement received Agency (news) a copy of the ‘oil reserves in the Middle East and North Africa beyond 1.2 trillion barrels, and this means that half of the world’s reserve ‘, noting that’ Iraq reserves estimated at 150 billion barrels, and oil production in Iraq will reach 4.7 million barrels per day by the year 2015 and nine million barrels per day by the year 2020 ‘ Shahristani said in his statement that ‘gas reserves in Iraq, up to 280 trillion cubic feet, and its ranking is the fifth largest country in the world in natural gas reserves’, explaining that he ‘was drilled 600 oil wells have been trained thousands of Iraqi technical personnel working in the field of oil’. stressed in his statement that ‘the government will take measures in case of export of oil outside the framework of SOMO to it the only body authorized to export Iraqi oil’, and pointed out that ‘the government will take measures to protect Iraq’s oil wealth in the event of oil has been exported outside the framework of Sumo’.