Battle heats up between marketing quota of Petroleum Exporting Countries ..
Battle heats up between marketing quota of Petroleum Exporting Countries .. Iraqi oil to «$ 30» with OPEC alert for new battle 2015/11/22
Likely that Iraq is increasing its production of oil in 2016, albeit less dramatic this year, what will make the battle of market share raging among members of the Organization of Petroleum Exporting Countries Countries (OPEC) and their competitors from abroad, a battle that was forced because of Baghdad to sell some types of Crude price is low up to $ 30 Brmel.oagafz Iraq's production in 2015 by about 500 thousand barrels per day, equivalent to 13% according to the International Energy Agency, making Iraq a source of faster growth in production in the world, and the locomotive task to increase the «OPEC» production. In the mostly , it is likely that this growth is moving towards recording a modest increase next year, will ease downward on prices, which are approaching from the low levels recorded in the public 2009.lkn pressure lifting sanctions on Iran or calm the violence in Libya could «OPEC» produce more than If Saudi Arabia did not reduce or other members of the Organization Antegha.oukal analyst at «Jah.ba.sa Energy» in Vienna Eugene Lendl «stability of Iraq production growth or height is limited, and will create some possibilities of increasing prices, but if you say Iran Last ... Libya and other paper serious. »South fields and produces most of Iraq's oil, as the distance from combat zones in other parts of the country allowed to continue in production and make it recorded larger record of exports, most recently in July when the sale of 3.064 million barrels per day abroad . He said the source of the Iraqi oil sector's »Reuters», said that Iraq plans to export between 3 and 3.2 million barrels per day from the south in 2016, but declined to give a forecastExports northern Iraq, which resumed in late 2014 increased to around 600 thousand barrels per day, in spite of tensions between Baghdad and the Iraqi territory Krdstan.oodhish size production growth this year, many observers. In addition, any slowdown in 2016 and the volume of production growth in Iran do not miss the thought of «OPEC» delegates who will attend the meetings of the Organization on the fourth of December to discuss policy Alanteg.oukal One delegate «Iraqis need to inform« OPEC »on their plan for the year Size the next, and the Iranians have not seen anyone to now on the quantities in which they pumped already ... the production of these two important Albuldbn for OPEC to take a decision ». However, the delegate added that it is unlikely to reduce« OPEC »Antegha.otrajat Iraqi exports because of decades of wars and sanctions. The growth comes after investment from oil companies in the fields in the south side, and the resumption of exports from the south Achammal.oagafzat shipments in June, after the Iraq Department of crude into two types, namely Basra heavy crude and Basrah Light crude, to resolve matters relating to quality. This allowed some companies such as «Lukoil» Alanteg.otaml up other companies, including «BP» and »Royal Dutch Shell» and »Exxon Mobil» and »Eni» in the southern fields under service contracts get under which the fee fixed on the dollar Alanteg.obsbb falling oil prices more than 50% of the more than $ 100 a barrel in mid-2014 and the high cost of the battle waged by the government.