D. Sea Science: oil production will reach 7 million barrels per day, the end of the year 2020

[Sara Johnson]

D. Sea Science: oil production will reach 7 million barrels per day, the end of the year 2020

On: Tuesday 21/02/2012 19:33

BAGHDAD - The citizens expect and former oil minister Ibrahim Bahr al-Ulum, said that up Iraq produced oil to seven million barrels per day year-end 2020, if Iraq continued to create the conditions of the oil investment in Iraq, urged the countries that benefited from the loss of Iraq's market capacity to waive share. Uloum said in an interview »Alsumaria News» that «Iraq will produced oil to four million barrels per day, with the end of 2014 if Iraq was able to qualify its infrastructure-oil systems, storage, export and transfer facilities, superficial, and to seven million barrels per day by the end of the decade 2020, if Iraq continued to create conditions for investment in oil and on its ability to curb the political dispute in the management of oil wealth ». said Bahr al-Ulum that «Iraq arrived produced oil to nearly three million barrels per day during the year 2012, with the opening of the port Floating on export and card 850 thousand barrels per day », pointing out that« the arrival of Iraq to produce four million barrels a day means being able to reach the average useful life is specified to him by the Organization of Petroleum Exporting ». called Bahr al-Ulum states that have benefited over the past twenty years from its oil exports because of the loss of Iraq's market capacity to «give up its stake in favor of Iraq», pointing out that «Iraq can play a major role in the development and consolidation of relations with the OPEC countries, especially with the head of Iraq to the Organization during the current year through the creation of an area of dialogue and wide with the countries of OPEC and the Gulf Arab ».

http://www.almowatennews.com/news_view_36308.html