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BAGHDAD - morning
did the Ministry of Oil orientations aimed at improving the oil products and the promotion of capacity export to Iraq to contribute to raising the fiscal revenue, especially after the resumption of pumping oil from the Kirkuk fields through extended to Turkey national line after a lapse of about 6 months.
Coincided these positive moves with optimism specialists high crude prices in the international markets.
he revealed the new oil minister Jabbar and coffee for the development of the oil sector plans for the future, and to increase production and export rates through the operating companies within the licensing rounds, in addition to the Iraqi national effort that will have a significant role in the next phase.
and instructed and coffee, during the a meeting at the ministry attended the «morning» part of it, the need to work to increase the production of Iraqi refineries of oil products such as gasoline and kerosene oil , which will reduce the import large rate ratios and provide financial liquidity of the federal treasury.
came the minister 's comments at a time when Reuters news agency quoted Friday for official in the North oil Company as saying that Iraq plans to increase crude flows that are pumped through the pipeline that extends to Turkey to reach the normal average of 150 thousand barrels per day next week.
it resumed under the Ministry of oil company before authorizing hours, pumping oil from the Kirkuk fields through the national pipeline .
the pipeline runs from the Taq Taq oil field through Khormala to Fishkhabour on the border, as it is linked to the oil pipeline , President of Kirkuk - Ceyhan going to the Turkish port of Ceyhan. the
company stopped using the pipeline in March because of the controversial points between Baghdad and Erbil, however , that this step is « the beginning of the task» to end the dilemmas between the parties, according to what he sees as observers.
amid these developments, predicted competent in economic affairs Ahmed costly stabilization in crude oil prices in the world.
he said that the international indicators expects stable oil prices above $ 60 a barrel, and this is a « first stages » the recovery of crude prices in the world. Crude oil prices have surged yesterday above $ 51 a barrel to reach the highest level in eight weeks and tend to rise for the seventh straight session amid hopes that the producers agree on measures to support prices so as to enhance investor sentiment.