Iraq increases its exports to more than 99 million barrels of oil in July, valued at 3.74 billion dollars
Baghdad / term
the company 's general manager Adnan Nochi in a statement received "long", a copy of it, that " the company will start soon work the third phase of the field development Halfaya in the province of Maysan , which aims to increase production and reach a peak production of 400 thousand barrels per day in mid - 2018. "
He added Nochi," the third phase involves creating a plant to process crude oil, the construction of anintegrated export systems and modernization of the first processing complex by adding insulation triple to isolate oil, gas and water, as well as the implementation of the second phase of the gas station receipt and other projects and facilities associated with the plans that have been prepared by joint management. "
for his part , said ministry spokesman Assem Jihad, that" the development of the Halfaya field included three stages leading to the production of peak amounting project 400 thousand barrels , which is hoped to reach this goal in mid - 2018 , where the first phase of the project began mid-2012 with a production amount of 100 thousand barrels, while completed technical and engineering staff the second phase in 2014 and a record time to reach production of 200 rate thousand barrels a day . " .
Jihad said that " the current production fields combined Maysan oil Company of 360 thousand barrels and that the ministry 's plans and the company aims to reach more than 700 thousand barrels per day after thedevelopment of Halfaya and Bazargan and loose change, Maysan, architecture and light fields."
The Petrojayna operator company of the field the president won a contract Halfaya field development , along with a coalition of all of Malaysia 's Petronas and Total , the French company the second licensing round organized by the Ministry of oil in 2009
and the amounts of export of crude oil during the month of July , said a spokesman for the oil Ministry, said that "preliminary statistics released by the Iraqi oil Marketing company ( SOMO), revealed that the total exported oil quantities during the month of July, the central and southern Iraq fields, amounted to more than 99 million and 266 thousand and 184 barrels , "noting that" exports achieved a revenue of $ 3 billion and 743 million and 867 thousand dollars, at a rate of 37.7 dollars per barrel. "
He continued jihad, that" the daily exports from the southern port rate achieved a slight increase from therate of the month of June last, reaching more than three million and 202 thousand barrels , "stressing" no export from the northern port (Ceyhan) cross - marketing company Iraqi oil (SOMO). " It is
noteworthy that the Iraqi oil Ministry announced that , in the (25 July 2016), for the export of more than 95 million barrels of oil during the month of June, from Central and South fields, and while confirming the high fiscal revenue compared to May 2016 .