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Iraq raise OPEC production to the highest level in three years


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30/06/2015 13:36 GMT

  Iraq raise OPEC production to the highest level in three years

 

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A survey conducted by Reuters, OPEC oil supply rose in June to its highest level in three years thanks to the production of "near-record" of Iraq and Saudi Arabia.

 

The agency said in a report that "the supply of OPEC oil in the month of June rose to its highest level in three years thanks to a near-record production from Iraq and Saudi Arabia," arguing that "this will cause the lifting of the Organization of Petroleum Exporting Countries production to a greater degree exceeding its goal of 30 million barrels Despite winning a day disruption in Libya and Nigeria. "

According to the survey, which depends on the navigational data and information from sources to oil companies and OPEC consulting firms, "the organization increased supply in the month of June to 31.6 million bpd from a revised results amounted to 31.3 million barrels per day in the month of May."

M.a

 

http://www.alrayy.com/146020.htm

 

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Iraqi oil fields

 

Author: HH 
Editor: AR, HH 01.07.2015 13:27 Number of Views: 179 

 

Long-Presse / Baghdad

The Oil Ministry announced, on Wednesday, rising exported quantities of realized crude oil for the month of June rate to unprecedented levels, it showed that the ports of Basra were issued more than 90 million barrels, and while confirming the export of more than four million barrels through the Turkish port of Ceyhan, drew to achieve revenue of more than five billion dollars.

The official spokesman for the Oil Ministry, Assem Jihad, in a statement received (range Press), a copy of which, "The daily exports of crude oil rate rose, reaching approximately (3.187) three million and one hundred and eighty-seven thousand barrels per day, which has not been achieved through decades the past, "noting that" the revenue generated amounted to more than (5.318) and five billion three hundred and eighteen thousand dollars. "

Jihad explained that "the total quantities exported from the southern port of Basra amounted to more than (90.669) ninety million six hundred and sixty-nine thousand barrels," noting that "the port of Ceyhan exports amounted to more than (4.942) four million nine hundred and forty-two thousand barrels."

Jihad said that "the amounts above have been downloaded by the international oil companies that carry different nationalities from the ports of Basra and Khor al-Amaya and buoys unilateralism on the Arabian Gulf and the Turkish port of Ceyhan," adding that "the ministry has made a special effort to increase its exports of crude oil to achieve additional revenue for the budget Federal ".

It is noteworthy that the ministry and through faith in the people briefed on the export operations and revenue generated from it has taken this monthly procedure.

The oil minister Adel Abdul Mahdi predicted, on the fifth of June 2016, the high price of a barrel of oil to $ 75 end of this year, and stressed that the OPEC position will be stronger in the case of accession of new members to her, as was likely the arrival of Iraq's oil production in 2020 to six million barrels per day.

The members of the Organization of Petroleum Exporting Countries (OPEC), predicted Wednesday (June 4, 2015), the recovery of the oil market during the second half of the year the current 2015, due to increased global demand, while counting the oil minister of Iraq, Adel Abdul-Mahdi, that the price of a barrel of oil should be between 75 to 80 dollars to achieve a "fair balance" between producers and consumers.

Iraq has suffered as a result of the fall in world oil prices for the adoption of its budget on oil resources dramatically.

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Oil - m P

Twilight News / Oil Ministry announced on the exported quantities of crude oil and the revenue generated for the month of June, according to preliminary statistics issued by the Iraqi Oil Marketing Company "Sumo".

Where the total quantity of oil exports amounted to more than ninety-five million six hundred and twelve thousand barrels, while revenue generated amounted to more than five billion, three hundred and eighteen thousand dollars.

A spokesman for the Oil Ministry, Assem Jihad, said in an interview responded to Twilight News, the daily exports of crude oil rate rose, reaching approximately (3.187) three million, one hundred and eighty-seven thousand barrels per day which has not been achieved during the past decades.

He explained that the total quantities exported from the southern port of Basra amounted to more than (90.669) Tsabn million, six hundred and sixty-nine thousand barrels, while exports reached via Ceyhan port Aktrmen (4.942) and four million nine hundred and forty-two thousand barrels.

And that amounts above have been downloaded by the international oil companies that carry different nationalities from the ports of Basra and Khor al-Amaya and buoys unilateralism on the Arabian Gulf and the Turkish port of Ceyhan.

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