Oil: we will produce 3.4 million barrels per day next year
Oil: we will produce 3.4 million barrels per day next year
10/28/2013 12:00 AM
To provide the necessary funds to balance the 2014
BAGHDAD – morning
revealed the Ministry of Oil for its ability to export 3.4 million b / d to provide the money needed to balance the 2014, noting that next year will see the direct production from the fields and increase in the other the oil companies operating within the licensing rounds developed. Meanwhile, the ministry announced reduction of oil exports in September to reach 62 million b / d, with revenues of more than $ 6.5 billion, as a result of periodic maintenance of the ports south of the country, and sabotage of the pipeline north carrier oil. Oil Minister Abdul Karim and coffee said in a statement news yesterday, said that “the budget next year require export 3.4 million b / d,” noting that “the ministry will issue three million b / d, while undertaking the province to provide the remaining amount of $ 400 thousand b / d for export.” He Laibi “The oil companies operating in the oil fields within the licensing rounds have programs to increase production and in a form which can be the ministry to achieve the desired goal within the budget next year.” In the meantime, spokesman for the Oil Ministry, Assem Jihad, in a press statement, “The amount of oil exported For the month of September amounted to 62 million and 100 thousand barrels, compared with 79 million and 900 thousand barrels for the month of August, “adding that” the revenues derived from such exports amounted to 6 billion and 511 million dollars. “Jihad said that” the low quantities exported came because of exposure pipeline transportation of crude oil through the Kirkuk – Ceyhan to sabotage more than once, “adding that” Acts of periodic maintenance of the ports of southern and projects undertaken by the ministry through the addition of floats new, which will raise the export capacity of the ports of the South to more than 4,500 million barrels, down to 6,500 million barrels per day in the near future. ”
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