Monday, November 15, 2010

Iraqi Oil attributes the postponement of the signing of the gas field crutch to technical reasons ....


15/11/2010

Iraqi Oil attributes the postponement of the signing of the gas field crutch to technical reasons

Baghdad, The Iraqi Oil Ministry, on Monday, that the reason for postponement of the signing of the draft of a field gas crutch to the post-holiday Eid al-Adha due to technical reasons purely, indicating that the decision of the postponement is not related to opposition to the provincial council in Anbar to invest in the field, which is located northwest of the province near the Syrian border.

The Director General of tours and licensing at the Ministry of Oil Abdul Mahdi al-Amidi in an interview with Kurdistan News Agency (Rn), "The company requested an official letter to postpone signing a contract field crutch until the end of the holiday Eid al-Adha, to study Exact to some technical problems and not because of opposition from the Council of Anbar province." he said.

He added that al-Amidi, "will sign the first contract Bohrvh formally after Eid al-Adha holiday, and will be followed by signature sent to the Cabinet for discussion and vote on it."

The Board of Anbar province last month objecting to invest gas field crutch because of not taking the advice and informed of the details of the contract.

The Amidi that "efforts are being made to resolve differences and misunderstandings of the legal management of the oil fields of some of the provincial councils," noting that "the third round of licenses will support Iraq largely to the consolidation of its efforts to increase oil production."

The Ministry of Oil and took place yesterday, Sunday, the first two letters of the investment fields of gas and two Mansuriyah in Diyala, and Seba in Basra, out of three fields that were international companies applied for licenses Neil investment last month.

The oil exports exceeded earlier this year to two million barrels per day, for the first time since its invasion of Kuwait, the beginning of the nineties of the last century.

And announced that the Iraqi Oil Ministry in September last that crude oil inventories in the country was 505 billion barrels of discovered fields that $ 66 oil fields, with total recoverable reserves of 143 billion barrels of oil.

And make Iraq last year, two rounds of investment licenses for oil fields resulted in winning several international companies of different nationalities Pttaiwirashrp fields in different regions, was conducted in Iraq early last month licensing round gas fields.

Plans to increase Iraq's oil exports during the next six years to 12 million barrels per day after obtaining the approval of the international oil cartel.