Iraq opens a new port for oil export capacity by 3.3 million barrels per day
Iraq opens a new port for oil export capacity by 3.3 million barrels per day
12/02/2012 13:50
Basra, February 12 (Rn) – The Iraq on Sunday, the port’s new crude oil export in the province of Basra, south of the country aims to increase export capacity by about 3.3 million barrels a day. It was scheduled to open the port in January but the date was postponed to the end of the pipe joints and test sectors, land and sea. Iraq plans to implement the expansion at a cost of $ 1.3 billion to export facilities in the port of Basra on the Gulf include pipelines under the sea and under the ground and float to establish a single to load the tankers in light of efforts to rebuild the sector after years of war. said the spokesman of the Ministry of Oil, Assem Jihad told the Kurdish news agency (Rn) that “Prime Minister Nuri al-Maliki today opened port new to export oil in Basra to increase energy export oil from the ports of Basra.” He explained that “the project aims to increase export is estimated at (3.3) million barrels per day of ports of Basra It comes in a plan that includes other projects to increase oil exports. ” said Jihad, “There are other projects being implemented for the purpose of raising the exports of oil to five million barrels per day in the forefront of the creation of five ports of floating a new and (16) reservoir oil.” quoted ” Reuters, “the President of the Iraqi Southern Oil Company Jafar government said the country’s oil exports will increase 300 thousand barrels per day once you start exporting crude from the port within ten days. It is scheduled
to direct download from the download port in the next week to ten days once the the final tests. Iraq produces about three million barrels of oil per day while the exports in the last year 2.165 million barrels per day on average is expected that the volume of exports this year, 2.5 million barrels per day, on average, according to government data. working in Basra, ten companies international oil, mainly companies, Italy’s Eni in the west of Basra, Shell, Lukoil and X-Mobil in areas north of Basra, as well as five companies specialized in the field of gas investment. It is the province of Basra (550 km south of Baghdad) Centre for the oil industry in Iraq, holding two-thirds of oil reserves in the country’s (143) billion barrels. The Basra’s oil exports (1.9) million barrels per day of total crude oil exports, also includes four giant fields to extract the gas from six fields of Iraq. From: Ammar Saleh.Open: Abdullah Sabri
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