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Abdul Karim and coffee: The next year's budget requires export 3 million and 400 thousand barrels
Conference / Baghdad
Oil Ministry revealed about its ability to export 3 million and 400 thousand barrels to provide the necessary funds for the 2014 budget, noting that next year will see the direct production from the fields and increase in the other oil companies operating within the licensing rounds developed. He said Oil Minister Abdul Karim and coffee said in a press statement, said that the budget next year require export 3.4 million barrels, adding that his ministry will issue three million barrels, while undertaking the province to provide the remaining amount of $ 400 thousand barrels for export. The coffee that oil companies operating in the oil fields within the licensing rounds have programs to increase production and the form in which the ministry can achieve the desired goal within the budget next year. In the meantime, spokesman for the Oil Ministry, Assem Jihad, in a press release, the amount of oil exported to 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. Jihad said that the decline in the 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 for the southern ports to more than 4,500 million barrels down to 6,500 million barrels per day in the near future.
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Conference / Baghdad
Oil Ministry revealed about its ability to export 3 million and 400 thousand barrels to provide the necessary funds for the 2014 budget, noting that next year will see the direct production from the fields and increase in the other oil companies operating within the licensing rounds developed. He said Oil Minister Abdul Karim and coffee said in a press statement, said that the budget next year require export 3.4 million barrels, adding that his ministry will issue three million barrels, while undertaking the province to provide the remaining amount of $ 400 thousand barrels for export. The coffee that oil companies operating in the oil fields within the licensing rounds have programs to increase production and the form in which the ministry can achieve the desired goal within the budget next year. In the meantime, spokesman for the Oil Ministry, Assem Jihad, in a press release, the amount of oil exported to 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. Jihad said that the decline in the 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 for the southern ports to more than 4,500 million barrels down to 6,500 million barrels per day in the near future.
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