Oil Minister: Iraq high production rates to 4 million barrels per day 10/29/2015
Oil Minister: Iraq high production rates to 4 million barrels per day
Oil Minister Adel Abdul Mahdi, announced today that Iraq's production rates of oil rose to four million barrels per day in addition to an increase in the capacity of the oil depots in Basra.
He said Abdul-Mahdi told a news conference during a visit to the oil fields in Basra "The Ministry of Oil has also begun to re-negotiate with global companies that have received contracts to make adjustments to the contracting mechanism with a view to granting a partnership Iraqi companies, giving priority in the recruitment of Basra sons in operating in the province fields companies."
He pointed out that his visit to Basra aimed at the field see the work of the Iraqi oil companies, specifically the South Oil Company and drilling. "
The oil minister, Adel Abdul-Mahdi, yesterday announced a rise in Iraq's production of crude oil during the year to more than half a million barrels.
Said Abdul-Mahdi in the third scientific conference of oil and gas, which was launched yesterday in the province of Maysan, "The export rate rose from 2.5 million barrels per day to 3.051 million barrels per day, and this in a year and specifically from September 2014 to September 2015".