[You must be registered and logged in to see this link.]Iran is preparing for the production of 150 thousand barrels of oil field jointly with IraqAuthor: HAA
Editor: BK 04.13.2016 21:08 Number ofViews: 1547
Long-Presse / Tehran
Iranian oil official announced on Wednesday, to complete the preliminary stages for the production of 75 thousand barrels of oil per day with a field (Azadegan joint) with Iraq, noting that the field development plan to be implemented in two phases in collaboration with a Chinese company, to produce up later to 150 thousand barrels.
The project to develop the oilfield Plan Manager (Azadegan) North shared with Iraq, dignities Behbehani, according to the reported Iranian news agency IRNA IRNA, and I followed (range Press), "The project seeks to achieve a production rate of 75 thousand barrels per day from the field," referring to "the rate of progress achieved in the project amounted to 98 percent."
He added Behbehani, that "the oil sector of the field Azadegan north has entered a preliminary stage in January last two and February," noting that "pumping oil from the joint field depends on production policy, the national oil company of Chinese CNPC, which holds the implementation of the draft field development plan, as well as the Ministry of Oil." .
He said the Iranian oil official, that "the business executive to delegate management of the joint field has been completed," pointing out that "the field development plan will be implemented in two phases card initial production capacity of 75 thousand barrels per day to double later to 150 thousand barrels."
The estimated oil reserves of the field (Azadegan joint) between Iraq and Iran up to five billion and 600 million barrels.
The Iraqi ambassador to Iran, said in (the eighth of August 2015 the past), that Iraq is seeking bilateral investment with Iran in the field (Azadegan joint) of oil between the two countries, noting that negotiations are continuing between the two sides to develop the field.