Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality

Iraq Dinar/News is a popular topic among many topics this board offers. You must log in to see and participate in our Dinar sections.

Hello friends -

Have you wanted to grow your nest egg faster to fulfill your family's dreams? Maybe you own an IRA, a 401K, maybe even a few stocks and mutual funds. Or maybe you're just starting...

Take a few moments to explore a simple program which can accelerate and even turbocharge your wealth growth to reach your dreams!

http://Styles.CTSoft.io

Neno

I can be reached by phone or text 7am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2017


Gazprom cut production Badra oil field

Share
avatar
rocky
Moderator
Moderator

Posts : 130926
Thanked : 7007
Join date : 2012-12-21

Gazprom cut production Badra oil field

Post by rocky on Fri 12 Jan 2018, 2:55 am

[size=32]
Gazprom cut production Badra oil field[/size]
[You must be registered and logged in to see this image.]

 [You must be registered and logged in to see this link.]    

 2 hours ago




The company was forced to reduce its production ceiling in Iraq's oil field Badra, after it turned out to be more geologically complicated than previously thought, an executive at Gazprom Oil said on Thursday.


A consortium of Gazprom Petroleum, South Korea's GAS (KOGAS), Malaysia's Petronas, the Iraqi Oil Exploration Company and Turkey's TPAO have planned to reach a peak production of 170,000 bpd.


But Gazprom's chief project manager, Denis Sujibov, said the consortium had suggested the Iraqi government set a production ceiling in the next few years at around 85,000 bpd.


To date, the project has invested $ 4 billion, including $ 1 billion for a gas treatment plant, and by 2030 the consortium will invest an additional $ 2.5 billion.


Gazprom's Chief Executive Officer Vadim Yakovlev said the Badra field is expected to reach 110,000 bpd in the future.


Iraq has asked foreign producers to cut spending on oil projects to reduce the government's lack of liquidity in joint ventures.





[You must be registered and logged in to see this link.]

    Current date/time is Sun 15 Jul 2018, 7:46 pm