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Showing results for tags '14 BILLION BARRELS !'.
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Al-Maliki inaugurated tomorrow is the second largest field in the world in Basra Friday 28 March 2014 14: 45 - + Al-Maliki during the opening field of Gharraf-September 1550 0 Alsumaria news/Baghdad The Iraqi oil Ministry said Friday that Prime Minister Nouri al-Maliki will tomorrow open Qurna 2 initial production capacity of up to 120,000 barrels, while production in Qurna torrent at the end of this year to 400,000 bpd. Ministry spokesman Assem Jihad told alsumaria news "," the oil Ministry ended all logistical and technical preparations for the opening ceremony of the West Qurna 2 after completion of drilling by LUKOIL of Russia ", stating that" the opening ceremony will be attended by Prime Minister Nuri al-Maliki and oil Minister and Government officials. Jihad said that the "initial production field band 2 is 100,000 barrels per day," he said, adding that "initial production will rise to 400,000 barrels in Qurna 2 with the end of the year and this will be reflected on the production of oil in the oilfield and the oil Ministry is planning a production hub in the coming years." And West Qurna-2 oil field, the second largest untapped reserves in the world capable of extracting about 14 billion barrels and is crucial for the economy. Lukoil controls 75 percent of West Qurna-2 and looking for a partner to replace shatat oil which decided to withdraw from the project last year. The oil Ministry announced on 11 September 2013 signed an agreement in principle for the Kirkuk field development despite the opposition of Kurdistan for this contract. http://www.alsumaria.tv/news/96420/%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%83%D9%8A-%D9%8A%D9%81%D8%AA%D8%AA%D8%AD-%D8%BA%D8%AF%D8%A7-%D8%AB%D8%A7%D9%86%D9%8A-%D8%A7%D9%83%D8%A8%D8%B1-%D8%AD%D9%82%D9%84-%D9%81%D9%8A-%D8%A7%D9%84%D8%B9%D8%A7%D9%84/ar