Thursday, May 24, 2012

Member of the Committee on Energy: Run the third oil export platform will enhance the ability to export Iraqi oil

 Thursday, 24.05.2012

Baghdad (news) .. According to a member of the Committee on Energy and MP for the oil / Kurdish coalition blocs / Qassim Mohammed, that the operation of the export of oil floating platform will power the third export oil, calling for the modernization of the old oil pipeline to accommodate the additional quantities exported.
Mohammed (the Agency news) on Thursday: The energy export Iraqi crude oil began to increase after opening Alaaúmtin the first and second through the Persian Gulf, and when entering the floating oil-third to the service will enhance the export capacity of oil, noting that Iraq is an urgent need to increase production capacity and export oil because of the presence of a large fiscal deficit in the general budget is estimated at (15) billion dollars.

He added that the plan of the Ministry of Oil in place for the current year it is hoped to increase the export capacity to more than (3) million barrels of oil a day, while now Iraq issued two and a half million barrels a day, because of the obstacles that the most important of poor infrastructure of pipes oil and the lack of export outlets and rely on the implementers in the north through Turkey's Ceyhan and the South through the Persian Gulf. / Finished / 8. d. Q /