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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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    Oil Expert: Iraq can export 3 million barrels of oil the end of 2014

    Rocky
    Rocky
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    Oil Expert: Iraq can export 3 million barrels of oil the end of 2014 Empty Oil Expert: Iraq can export 3 million barrels of oil the end of 2014

    Post by Rocky Mon 08 Jul 2013, 4:17 am

    08-07-2013 10:38 AM
       

    Baghdad (news) .. Between oil expert Amr Hesham, that Iraq has the possibility to export oil to the outside, the value of 3 million barrels per day at the end of the year (2014), and this expectation comes under realistic scenarios.

    Said Hisham in a statement (of the Agency news): The existing data suggest that Iraq's production boat (3) million, and that the country needs internally up to (600) thousand barrels Kahtiaj daily, adding that the scenarios representing realism and not Almbalbgh, the possibility of Iraq exported 3 million barrels of oil per day in the year (2014), and if we are pessimistic we will be the end of (2015).

    He added: within scenarios to arrive in Iraq's oil production to 4 million barrels at the end of (2017), stating: that there are obstacles facing these numbers is related to the lack of infrastructure and the amount of water we need and also the issue of export, technical problems can be overcome.

    And identified Iraq's share of three million, eight hundred thousand barrels per day, but does not issue only two million, six hundred thousand barrels currently is determined share of export agreement between the State and the organization and relies on some of the criteria most important reserves of each country and Iraq demands increase its stake based on what he says is' new oil discoveries has.

    Iraq is the second largest oil exporter in OPEC, with estimated reserves of 140 billion barrels. / End / 8.'s. M /


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