The oil minister is expected to increase in the federal budget up to $ 5 billion
2009-10-12
BAGHDAD (Iba) .. Oil Minister Hussain al-Shahristani to achieve a further increase in the federal budget up to $ 5 billion through increased production and oil exports.
And the transfer of the National Center for information about the official source in the ministry as saying that the minister predicted the increase in the federal budget by an increase in oil production and exports during the past month.
He added that this increase occurred in the southern fields, where the output of these fields to more than 100 thousand barrels per day, adding that the ministry and through the plans and the national effort to Mlakatha will add to domestic production actually increased up to 400 thousand barrels per day during the period the next few.
The source confirmed that the ministry has now exceeded the highest rates in oil production, amounting to more than two million barrels a day.
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