Iraq begins to expand a field alhalvaih


Economy news Baghdad:

Maysan oil company, announced Tuesday, the third and final phase of expansion alhalvaih southern oil field with the aim of doubling production capacity in 2018 to 400 thousand barrels per day.

He said the company President, oversees the Missan Oil fields, Adnan Nushi, he "will be installations for additional natural gas crude oil separation within the expanding field".

"The alhalvaih run by PetroChina is the largest Chinese oil fields in Basra and produce 200 thousand barrels of total company production of up to 380, 000 barrels a day," he said, adding that "expanding the field will increase the company's total production to about 600, 000 bpd.

Iraq plans to increase oil production to five million barrels a day by the end of this year

The oil Minister said Jabbar allaibi on April 2, April production exceeded the 4.7 million barrels

Iraq produced, the second largest oil producer in OPEC after Saudi Arabia, 4.464 million barrels a day in March and less than the more than 300 thousand barrels a day from the end of last year

Iraq cut its production with the rest of the oil exporters this year under an agreement designed to support global crude prices