Al-Luaibi: Crude production rises to 5 million barrels by the end of 2017

Al-Luaibi: Crude production rises to 5 million barrels by the end of 2017




23/7/2017 12:00 am

Basrah / Saad Al Sammak
Oil Minister Jabbar al-Luaibi expected to reach the threshold of production of five million barrels of crude oil per day and invest 1.3 billion barrels of gas associated with the end of this year.
Al-Allaibi, told Sabah during his visit to the development of the river Ashar in Basra that the ministry will be able to achieve its goal of producing five million barrels of crude oil per day at the end of this year, indicating that the plans of the ministry will not be affected by any fluctuations whatever the nature and source.
Al-
Luaibi pointed out that the South Gas Company will be able to invest the burning gas to reach the production of 1.3 billion square meters by the end of this year, noting that the ministry Currently, 1,000 tons of liquid gas and 16,000 barrels of gas condensates are exported to the international market, while these quantities are being doubled.
The Minister of Oil revealed a project to eliminate the burning of natural gas associated with the production of crude oil by the end of 2019, which means the production of more than 2 billion natural gas facilities to contribute to increase the country's financial resources and investment in sustainable development by producing clean energy, and the ministry has reached the stage of preparation And referral to the investment project for the transfer of oil from Basra towards the
Jordanian port of Aqaba .
As for the work of the project to clean and develop the facades of the river Ashar, Al-Allaibi pointed to the start of the first phase of the removal of waste and plankton and tiles by the technical and engineering staff of the departments of the Ministry of Oil, while the second includes the establishment of industrial waterfall from the point of convergence of the river in the Arab region of Dakir, Both sides of the river with new facilities.
He also pointed to the direct project of "Muftiya" tourist 500 dunums on the banks of the Shatt al-Arab in Jubaila, as well as the establishment of industrial complex service in the area of ​​Al-Kahla south of the city of Amara, while preparing to complete similar projects in the province of Dhi Qar, The security forces and the popular crowd on the "calling" terrorist.

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