Oil confirms the possibility of developing domain expertise of local oil companies

​(Independent) ... The governor of Dhi Qar Yahia Nasseri keenness of the Ministry of Oil to develop the expertise and capacity of local oil companies, through their participation in the work in the oil fields operated by foreign companies in the province. He said the governor of Dhi Qar in a statement received (Independent) said Saturday that "During a meeting with senior agent for the Ministry of Oil Fayad al-Moussawi, in his residence in Baghdad" We discussed with him the work of foreign oil companies operating in the province, the mechanism and the possibility of developing the expertise of local companies in the petroleum industry through the provision of joint work with foreign companies opportunities. " Adding that the Oil Ministry confirmed its support local oil companies, and its eagerness to develop their capacity and expertise in the field of oil.
He stressed the importance of promoting the Nazarene on the oil industry and the development of oil fields in the province by investing all the expertise and capabilities available.

He said the governor of Dhi Qar, "as the talks with the senior agent for the oil ministry focused on accelerating the resolution of the assignment of refinery oil measures Dhi Qar runway within the oil licensing the investment companies to contribute to the recovery of the economic sector in the province and provides job opportunities for the unemployed."

It was the governor of Dhi Qar Yahia Nasseri went last Wednesday (October 14, 2015) to the capital Baghdad to discuss a number of issues related to oil sectors, transport, financial services and other issues with the relevant ministries.

The oil minister Adel Abdul Mahdi, in (June 8 announced 0.2015) cabinet approval for the formation of Dhi Qar Oil Company with a capital of three billion dinars.

The province of Dhi Qar, announced that, in (29 December 2013), reached the legal production of the founding of the roof of a private oil company after production exceeded 150 thousand barrels per day.

It owns Dhi Qar province (based in Nassiriya, 350 km south of Baghdad) reserve oil, stressing estimated at approximately 20 billion barrels within five oil fields is invested, notably the large field of Nasiriyah area Ktaah (30 km north-west of Nasiriyah), which is expected to produce 300 thousand barrels per day, with ability producing one million barrels after rehabilitation is complete, and the field of Garraf (80 km north of Nasiriyah), which is estimated concerned oil affairs height of its production to 230 thousand barrels per day, as well as the Rafidain field (Abu column) estimated production in the event of run or invested 110 thousand barrels in addition to the Varnishes near Tel meat area in the southwest of the field of Nasiriyah.

The date of the oil production in Dhi Qar to 2007, where it was direct first phase of the development of Nasiriyah oil field early that year and the card initial production is estimated at 12 thousand barrels per day. (End)