Iraq is planning a floating oil island

by **Rocky** Tue 03 Jul 2018, 1:35 am

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Post n°1

Iraq is planning a floating oil island

by Rocky Tue 03 Jul 2018, 1:35 am

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Iraq is planning a floating oil island

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[rtl]Release Date: 2018/7/3 0:59 • 254 times read[/rtl]

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(Baghdad: Al Furat News) The Ministry of Oil talks on the establishment of a "floating oil island" off the coast of the city of Faw in preparation for increasing Iraq's export capacity of crude oil.
"The floating island will include spare parts stores for all equipment and pumps, as well as civil protection teams, technical services and convenient and modern accommodation for workers," said ministry consultant Hamza al-Jawahiri.
He added that "the island will avoid the ministry to delay the work due to possible failures, and shorten the time in the export of oil, and cut the way to any emergency crisis because of the interruption of one of the pumps, which costs Iraq fines of about 300 million Iraqi dinars in the recent period.
Al-Jawahiri revealed that "the contract was awarded to a Dutch company and included a preliminary agreement. Discussions are being held on the project's completion time and expected costs."
"The project contributes to the flow of oil exports to around 6 million barrels per day, Project partial card in the first quarter of 2022, and then enter full other services in the fourth quarter of the same year. "Finished

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by **Rocky** Tue 03 Jul 2018, 1:47 am

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Post n°2

The establishment of a floating oil island in the south to accommodate the increase in exports

by Rocky Tue 03 Jul 2018, 1:47 am

The establishment of a floating oil island in the south to accommodate the increase in exports

03/7/2018 12:00 am

[rtl]BAGHDAD /
Iraq is seeking to streamline the export of oil after the restriction on exports by establishing a floating island that meets the technical and logistical needs of transporters, workers and equipment maintenance.
The South Oil Company, on June 14, based in the province of Basra, Iraq, the project to establish a floating oil island off the coast of the city of Faw in preparation for increasing Iraq's export capacity of oil, to more than 5 million barrels per day, especially that the OPEC countries and their partners have approved On June 23, 2018, the principle of increasing crude oil production to meet the growing demand in the markets crews

The consultant in the Iraqi Oil Ministry and oil expert Hamzah al-Jawahri told the "MONITOR" that "the ports adopted by Iraq for export in the south are five floating type, and two of the fixed type, Khor al-Amiyah and the port of Basra, all in need of technical and administrative staff The Ministry noted that there is a need for more streamlining in the work, which will double in the future after the increase in the production of oil and its derivatives, which requires additional technical, logistical and human support, which could be provided by the island oil project near the ports The seven upscale, facilitate the work of the shift in the labor and delivery of services, non - stop, caused by disruptions of emergency or human errors or cases of oil spill at the port platforms. " Residence

Al-Jawahiri revealed that "the floating island will include spare parts stores for all equipment and pumps, in addition to civil protection teams, technical services, and comfortable and modern accommodation for workers."
"One of the benefits that Iraq derives from this island, according to the jeweler, is to avoid delaying work due to possible failures, shortening the time in the export of oil, and cutting off any emergency crisis due to the interruption of one of the pumps, which costs Iraq fines of about 300 million Iraqi dinars Recent period ".
The other advantage of the island, according to Jeweler, is "to absorb the increase in oil export and production, as well as increased production in derivatives, with the increase in the number of refineries, and doubled production, which reached in the first phase to half a million barrels per day. Energy storage

According to Al-Jawahiri, "Al-Jazeerah provides storage capacity for both oil derivatives and black oil, and will absorb the remnants of refineries, as the island continues with the docks of ports in a streamlined form. In the event of disruption of any of the seven berths,
The jeweler reveals "the award of the contract to a Dutch company, and included a preliminary agreement, while the ongoing discussions, on the length of completion of the project and expected costs."
The Basra governorate includes Iraqi ports overlooking the Gulf, five of them are for commercial purposes, and two are the port of Amaya and the port of Basra are dedicated to load about 80 percent of Iraq's oil exports, while Iraq signed on June 4, 2018 three new contracts to develop three oil fields and exploratory and rehabilitation in the middle The country and its south. The Island Project

More details about the timing of the project speaks about the director of the oil marketing company "Sumo" Alaa Yasiri, confirming that "the floating island project will contribute to the flow of oil export to about 6 million barrels per day," noting that "the plan is the signing of the contract during the first quarter of 2019, and that the project will start operating a partial card in the first quarter of 2022, and then enter full other services in the last quarter of 2022.[/rtl]

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by **Rocky** Tue 03 Jul 2018, 1:57 am

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Post n°3

Discussions to establish a floating oil island

by Rocky Tue 03 Jul 2018, 1:57 am

Discussions to establish a floating oil island

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03/7/2018 12:00 am

[rtl] BAGHDAD / Sabah -
The Ministry of Oil is discussing the establishment of a "floating oil island" off the coast of the city of Faw in preparation for increasing Iraq's export capacity of crude oil.
"The floating island will include spare parts stores for all equipment and pumps, as well as civil protection teams, technical services and convenient and modern accommodation for workers," said ministry consultant Hamza al-Jawahiri.
He added that "the island will avoid the ministry to delay the work due to possible failures, and shorten the time in the export of oil, and cut the way to any emergency crisis because of the interruption of one of the pumps, which costs Iraq fines of about 300 million Iraqi dinars in the recent period.
Al-Jawahiri revealed that "the contract was awarded to a Dutch company and included a preliminary agreement. Discussions are being held on the project's completion time and expected costs."
For his part, the director of the oil marketing company "Sumo" Alaa Yasiri that "the project contributes to the flow of oil export to about 6 million barrels per day," noting that "the plan is to sign the contract during the first quarter of 2019, and start the project Partial card in the first quarter of 2022, and then enter full other services in the fourth quarter of the same year.[/rtl]

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by **Rocky** Tue 03 Jul 2018, 3:08 am

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Post n°4

Oil is in talks to create a floating oil island off the coast of FAO to increase export capacity

by Rocky Tue 03 Jul 2018, 3:08 am

Oil is in talks to create a floating oil island off the coast of FAO to increase export capacity
July 03 2018 09:34 p

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[rtl][rtl]Oil Ministry[/rtl]
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Baghdad Post

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The Ministry of Oil is holding talks on the establishment of a floating oil island off the coast of Faw City in preparation for increasing Iraq's export capacity of crude oil.

The ministry's consultant Hamzah al-Jawahiri said in a press statement that the floating island will hold stores of spare tools for all devices and pumps, in addition to civil protection teams and technical services and comfortable and modern accommodation for workers.

He added that the island will avoid the ministry to delay the work due to possible failures and shorten the time in the export of oil and cut the road to any emergency crisis because of the interruption of one of the pumps, which costs Iraq fines of about 300 million Iraqi dinars in the near period.

Al-Jawahiri revealed the award of the contract to a Dutch company and included a preliminary agreement. Discussions are being held on the project's completion period and expected costs.

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