Oil plans to sign an agreement for the fields in common with Iran and Kuwait

[rockhound60]

Oil plans to sign an agreement for the fields in common with Iran and Kuwait

On: Saturday 04/14/2012 7:27

Baghdad / term follow-up

Oil Ministry plans to sign agreements with the Governments of Iran and Kuwait to invest in joint oil fields, the ministry announced in Turkey on the reform of the damage to the carrier pipe from the fields of Kirkuk to the Turkish port of Ceyhan.

He said ministry spokesman Assem Jihad, the oil's "Twilight News" that "The oil ministry has reached the final stages of negotiations for the signing of agreements with Iran and Kuwait on joint oil fields and in cooperation with the Ministry of Foreign Affairs."

He explained that "each country from neighboring countries have the sovereign right to invest in oil fields within its territory, but the interest of countries to work jointly with respect to the common fields.

و He added jihad: The Geological Survey satellite shows the status of joint oil fields and on the basis of which is determined by the share of each of the parties. "

Includes Iraq 24 oil fields in common with Iran, Kuwait, Syria, including 15 field producer and other untapped, and highlighted those fields Safwan and Rumaila and Zubair with Kuwait, and crazy and Abu West and Bazargan and loose change and oil check with Iran.

And the Jihad that "The oil ministry will work in coordination with the concerned authorities in Iran and Kuwait signed with foreign companies to invest in the common fields."

The agency "Persia" Iran quoted the Executive Director of National Iranian Oil Company Ahmad castle builder saying, "The volume of crude oil production in Iran currently stands at four million barrels per day, while providing five-year program V to develop the oil sector to produce five million barrels per day ".

To the Oil Ministry announced on the reform of Turkey's damage to the tube carrier from the fields of Kirkuk to the Turkish port of Ceyhan after being subjected to three simultaneous attacks, saying the resumption of oil exports from the tube through the course the main after a break for a week, as pointed out that export rate is between 400 to 450 thousand barrels per day.

The spokesman said ministry spokesman Assem Jihad, "Alsumaria News" The technical teams of Turkey completed the repairs to the damage to the tube-oil carrier from the fields of Kirkuk to the Turkish port of Ceyhan due to exposure to three simultaneous attacks, "noting that" pumping oil from the Kirkuk oilfields to Turkey resumed , yesterday afternoon, over the course of the main tube after the repair the damage. "

A source in the North Oil Company has confirmed, on the fifth of this April, the resumption of Iraqi oil exports from the Kirkuk oilfields to the Turkish port of Ceyhan after a stop for several hours after exposure to the carrier pipe three simultaneous attacks, indicating that the pumping has been transferred to another route.

و Jihad said that "the export rate now ranges between 400 to 450 thousand barrels per day," pointing to "the stability of the oil storage at the pumping stations."

The pumping of oil through the pipeline linking the fields of Kirkuk and the Turkish port of Ceyhan has stopped, last Thursday, April 5, 2012, hours after exposure to three bombings in Turkish territory.

The exposed pipe main carrier oil from northern fields to Turkey to bombings and sabotage, most recently, in February 5, 2012, where they had stopped oil exports because of a bomb attack on oil pipeline passing through the triangle areas of the village of two thousand and the village of Barman and the village of advice of the judiciary Sapor state of Mardin, Turkey, and is adopted by later the PKK.

And operates the North Oil Company oil fields in the provinces, which lies north of Iraq, and to export crude oil through the Kirkuk - Ceyhan in Turkey, including up to 600 thousand barrels per day, but pumping operations across the line in question vary from time to time, because of insurgent attacks especially on the Iraqi side.

The tube Iraqi-Turkish carrier oil, which starts from the city of Kirkuk, Iraq, 250 km north of Baghdad, passing through the territory of Turkey down to the port of Ceyhan there, the most important lines that transport crude oil, has begun work in this line that has a diameter of 40 knots in 1973, has been expanded the system twice in 1983 and in 1987, and completed the final capacity of $ 1.75 million barrels a day, and the length of the line 1048 km.

The Ministry of Oil signed in September 2009, an agreement with the Turkish side for the renewal of the Convention relating to the export of oil through the pipe President for 15 years, and identified dollar and cents number of barrels per source, while declining to less than a dollar when it is exported more than one million barrels a day.

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