Reymar
04-11-2006, 11:37 AM
"1- Lost opportunities: Iraq currently produces some 2 million b/d on average compared with its pre-occupation 2.6 million-barrels-per-day levels."
"2. Imported products: Theoretically speaking, Iraq's refineries refine an estimated 700 thousand b/d, while the country only consumes 400 thousand b/d. However, due to wars, embargo, destruction, sabotage, and the insufficient funds needed to buy reserve tools, and as cars are increasingly used, refineries cannot keep pace with the local consumption of petroleum products."
"3. Smuggled crude oil: Referring to the available information, the Iraqi economist stated that the average Iraqi oil production reached during the past weeks 2 million b/d (1.7 million from the South and 300 thousand from the North), whereas the exportation rate accounted for 1.3 million b/d from the South and zero from the North."
http://english.daralhayat.com/business/04-2006/Article-20060411-89398c8b-c0a8-10ed-0105-0034c1c49534/story.html
"2. Imported products: Theoretically speaking, Iraq's refineries refine an estimated 700 thousand b/d, while the country only consumes 400 thousand b/d. However, due to wars, embargo, destruction, sabotage, and the insufficient funds needed to buy reserve tools, and as cars are increasingly used, refineries cannot keep pace with the local consumption of petroleum products."
"3. Smuggled crude oil: Referring to the available information, the Iraqi economist stated that the average Iraqi oil production reached during the past weeks 2 million b/d (1.7 million from the South and 300 thousand from the North), whereas the exportation rate accounted for 1.3 million b/d from the South and zero from the North."
http://english.daralhayat.com/business/04-2006/Article-20060411-89398c8b-c0a8-10ed-0105-0034c1c49534/story.html