Oil West opens second plant insulation field Nasiriyah
10/30/2015
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Opened the Oil Ministry, on Friday, the bank of the second insulation station in Nasiriyah oil field, as stressed the need to consolidate the work of the special domain of local and foreign oil companies, confirmed that the oil resources that Iraq possessed sufficient to cover the next financial budgets.
He said Oil Minister Adel Abdul-Mahdi during a joint news conference with the governor of Dhi Qar Yahya Mohamed Naciri on the opening of the bank of the second insulation station in Nasiriyah oil field, attended the sidelines of the (long-Presse), "Today we are witnessing the opening of this plant, which has the expertise and national through cadres Oil Company South of Dhi Qar fields Authority, "stressing the need that" there is interest in local companies along with the domain of foreign oil companies to develop the capacity of local cadres. "
He said Abdul-Mahdi, that "the oil resources that Iraq possessed sufficient to cover the next fiscal balances under these difficult conditions experienced by the country," stressing that "Iraq can not be a bankrupt country."
For his part, the governor of Dhi Qar Yahya Mohamed Naciri, during the conference, that "the Nasiriyah oil field development 10% of the financial requirements requested by foreign companies for the development of this field is commissioned," calling on the Ministry of Oil, to "speed up the launch of oil company Dhi Qar."
He was the governor of Dhi Qar, Yahya Mohammed Baqir al-Nasseri, announced on Thursday the (29 October 2015), the completion of preparations for the opening of the bank of the second insulation station in Nasiriyah oil field, which is due to open on Friday, while likely to raise production capacity to 100 000 barrels per day In the final stage.
The body oil fields of Dhi Qar announced, in (November 2014 17), for the direct implementation of the monument "the second bank of insulation" station in Nasiriyah oil field, and showed that this project will raise the production capacity of the field from 40 to 100 thousand barrels per day, as pointed that the development of the West Bank operations will take about a year.
The estimated oil reserves in Dhi Qar more than 20 billion barrels spread over Garraf, Nasiriyah and Abu column fields and field poured oil fields, while total current production from the fields of Garraf, Nasiriyah, about 150 thousand barrels per day.
He was the governor of Dhi Qar Yahia Nasseri, announced on Thursday (January 29, 2015), for obtaining the approval of the Ministry of Oil in the federal government on the formation of oil company Dhi Qar, and between that and Oil Minister Adel Abdul Mahdi agreed to the formation of oil company Dhi Qar to oversee management oil fields in the province.
The Ministry of Oil has announced at the beginning, in June 2015, for obtaining Cabinet approval for the formation of Dhi Qar Oil Company with a capital of three billion dinars, after hitting oil production ceiling in Dhi Qar province, 150 thousand barrels per day. 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.

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