Expert: achieving Iraq’s oil production (10) million barrels per day during the year (2017) ruled out
Expert: achieving Iraq’s oil production (10) million barrels per day during the year (2017) ruled out an order
Dated: 8/10/2012 15:23:02 Friday
Baghdad (news) .. Rule out the oil expert Amr Hesham, Iraq’s ability to produce (10) million barrels of oil during the year (2017) being a significant figure and needs to be infrastructure, integrated, can not be completed shortly, and expected to reach oil production to (6) million during the next five years.
said Hisham (the Agency news) Friday: The process of increasing the production capacity of the Iraqi crude oil require the presence of infrastructure, integrated, such as digging wells and collecting oil in the tanks of oil giant absorb large amounts of crude and needs to transmission lines and multiple floating platforms These are all need to be a long time for its establishment in order to enable Iraq to produce amounts of oil. He added, could not Iraq production (10) million barrels of oil during the early (2017), as some expect, but perhaps up production to (6) million due to the lack of integrated infrastructure for Iraq to produce the number listed , in addition to the current circumstances in the region, and political changes as well as slow global economic growth, these are all factors that impede the process of increasing oil production during a period of five years from now. He pointed out: that the oil sector is facing significant challenges led to the absence of an increase Taguetah productivity and export such as problems of political The oil crisis between the province and the center, which also led to a decline in the level of production and export of crude Iraqi, and this risk index that the national economy dependent on oil exports. the reports indicated an international oil and gas that Iraq could produce (10) million barrels of oil during 2017. / Finished / 8. n. r /