Iran is preparing to drill in a joint oil field with Iraq and stresses: There are changes you will get after the lifting of sanctions
Iran is preparing to drill in a joint oil field with Iraq and stresses: There are changes you will get after the lifting of sanctions
29.4.2015 two past seven p.m.
Long-Presse / Baghdad
The Iranian government announced on Wednesday, is ready to begin the second phase of exploration in the oil field jointly with Iraq during the months of June and July next, with eye to complete the field preparations by 94% under the supervision of a Chinese oil company, he confirmed that there are many factors that will appear to the surface following the lifting of the sanctions stage for Iran.
The executive director of the project north of common Azadegan with Iraq Kiramat Behbehani in the report, told Fars and seen by the (long-Presse), “The field preparations for the excavation work of the second phase of the project in the field have been completed by 94% and the project will go into operation on schedule him “noting that” exploration in the field, will start during the next two months of June and July. ”
Behbehani said that “the most important point of the project is to implement the second phase where the complete phase for these studies is the headquarters to be implemented in phases.”
He said Behbehani that “China National Petroleum Corporation (CNPCI), which holds the supervision of the project announced that it is ready to implement the second phase of the project,” noting that “there are many factors that will appear to the surface after the lifting of sanctions on Iran stage.”
And between Behbehani “The first phase of the project identified the production of 75 000 barrels per day is expected to be added to another 25 000 barrels of oil that will be extracted from wells that will be drilled in the second phase of exploration.”
The North Azadegan field includes estimated up to 5.6 billion barrels of crude oil reserves.
almadapress.com