Iraq plans to export oil through the port of Aqaba and the production of five million barrels per day
Date: 12/02/2017 10:58
Information / Baghdad ..
Detection and Oil Minister Jabbar and coffee, Sunday, a plan of the ministry to export oil through the port of Aqaba, Jordan, and among the common oil wells problem on the border with Kuwait and Iran can be resolved through the signing of partnership contracts in the production, he stressed that Iraq plans to produce five million barrels a day.
He Laibi told the newspaper "life" of London seen by / information /, said that "the common wells with Kuwait can be resolved through the signing of partnership contracts in the production, we are moving in this direction, even with common fields with Iran to resolve this file."
He added that "there are seven oil fields with Iran in Maysan province, as well as with the State of Kuwait, and we are currently working with Kuwait in order to export natural gas to it, which is the first time happening in Iraq."
"The licenses that Iraq has signed with the Iraqi oil companies rounds yielded raise production rates to double what it was, and we are soon to reach the production level of five million barrels per day, in addition to our transformation from a country wasted all the associated gas into a product of this Article."
On exciting information between now and then about the presence of crude oil smuggling operations, and coffee he denied this happens, stressing that «oil export operations conducted through an international standards-based measurement and there is no smuggling operations occur in the field of oil. In the past, they are being stolen through infringement tanker pipeline operations, and even this phenomenon we spent entirely on them. »
In regard to the size of the big expenses obtained by the oil companies and the developer borne by the budget, and coffee he said that "expenses last year were approximately $ 12 billion, reduced to eight billion dollars. As well as the production cost per barrel was $ 20, a barrel currently costs four to five dollars, and compared to the size of our production in the past and this country is to achieve good returns as a result of these contracts. "
On the possibility of the development of national oil companies, the minister said that "Iraq said the race in this area, there was the national oil company, which was founded mid-fifties of the last century and had a board of directors manages the business and became the first company in the world. However, the former regime to resolve this in the eighties and the company associated with the Ministry of Oil, which is the Ministry of planning, and now seek to pass legislation to restore this company, as well as the establishment of a national gas company. "
And coffee and pointed out that "the Basra Gas Company was formed for the purpose of forging partnerships with foreign companies signed a contract with the company« Shell »Global, and now work is in good shape between the two companies, and there are good relations with the Arab Republic of Egypt in this field. There are also agreements will be held in this aspect, there are oil-exporting Jordanian port of Aqaba on the line, which is very important. " Finished / 25
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