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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


Neno

I can be reached by phone or text 8am-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

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Established in 2006 as a Community of Reality

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18 joint fields between Iraq and its neighbors..72% of them are exploited by countries and may be de

rocky
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18 joint fields between Iraq and its neighbors..72% of them are exploited by countries and may be de Empty 18 joint fields between Iraq and its neighbors..72% of them are exploited by countries and may be de

Post by rocky Thu 02 Dec 2021, 6:31 am


[size=30]18 joint fields between Iraq and its neighbors..72% of them are exploited by countries and may be depleted without Iraq benefiting from them


2021-12-02
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Yes Iraq: Baghdad

Iraq is still content with “communicating” with neighboring countries regarding the joint oil fields, which these countries have reached advanced stages by investing in these fields, while Iraq is still preoccupied with its internal fields amid fears of the consumption of these joint fields and the withdrawal of all their stocks by the neighboring countries, and Iraq will not benefit from them.
 
The Director General of the Basra Oil Company, Khaled Hamza Al-Shara, said in statements followed by "Yassin Iraq", that "the company has communicated with neighboring countries to invest in joint fields by choosing a foreign consultant to set standards," noting that "there are negotiations with Kuwait and Iran to bring the views closer and establish a future agreement."
He pointed out that "work is still halted at the Al-Amaya port, and there is an agreement with a foreign company for the integrated examination of export facilities," noting that "the future plan for the Al-Amaya port is ready to work, and the problem lies in the conveyor pipe and it needs maintenance, and the company is working to refer it to foreign companies."
He pointed out that "Al-Amaya port is Iraqi and will remain, but there are variables specific to the Iranian side, but this matter does not change anything in Iraq's sovereign ownership of the port," noting that "the stoppage is a result of maintenance work."
Iraq owns 18 common fields with neighboring countries, and these fields are divided into 3 fields shared with Kuwait, which are Rumaila, called in Kuwait the Ratqa field, Al-Rawdatain and Al-Abdali.
There are 9 joint fields with Iran, namely Majnoon, Bazarkan, Abu Gharb, Badra, Al-Naftakhana, Fakkah, Jayasurkh, Beka and Siba, as well as the Virgin fields that have not yet been produced, which are Zurbatiyah and Al-Shehabi, and with Syria Safiya, Tal Al-Hajar and Tal Abtakh, and with Saudi Arabia 3 virgin fields from which production has not started, namely Abu Khaima and Safawi and wet.
Thus, only 5 out of 18 fields have not started production or have been used by any party, whether Iraq or neighboring countries, which means that 72% of the joint fields are used by neighboring countries and Iraq is still busy with its internal fields.
And the specialist in the field of energy, Alaa Al-Asadi, points out that there is a field, 90% of which is located in Iraq and 10% in a neighboring country, but Iraq produces 250 thousand barrels per day of it, while the partner, which is located 10% of the field in its lands, produces 450,000 barrels per day.
The annual loss of Iraq is estimated at no less than 18 billion dollars due to the failure to reach an agreement with neighboring countries to organize production operations from joint fields.
The amount of oil reserves in these joint fields with Iran, Kuwait and Syria is estimated at 95 billion barrels, which is equal to the consumption of all countries of the world for a period of 3 consecutive years, as well as being equivalent to the UAE reserves of crude oil and equal to the oil reserves of Nigeria, Kazakhstan and Libya jointly, and equivalent to 20 times the oil reserves Omani.
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