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Oil project reveal the establishment of 24 tanks with a capacity of 350 thousand barrels

Wednesday, February 1, 2012 14:36 Hits: 390



Twilight News / revealed the Ministry of Oil, Wednesday, has announced establishment of 24 oil reservoirs to accommodate all of which 350 thousand barrels, indicating it is the process of establishment of the four floating platforms export capacity of 850 thousand barrels each day.

He said ministry spokesman Assem Jihad, the oil's "Twilight News", "The Oil Ministry and within its plan to increase the export capacity of Iraq's oil plans to establishment of 24 oil tanks can each of which 350 thousand barrels."

Iraq is seeking through the development of oil fields and presented to the international companies, to reach the production rate of at least 11 million barrels of crude oil per day within the next six years, and to 12 million barrels per day after the addition of the quantities produced national effort of the other fields.

And the Jihad, "The coming days will witness the establishment of 4 floating platforms on the southern ports and the ability of export 850 thousand barrels per day for each platform."

The sources in the Ministry of Oil have shown, earlier, Iraq is expected to start exporting oil from the new port in the Gulf within ten days after the postponement of the opening of the end of the link and test tubes.

Iraq currently produces about three million barrels per day while exports averaged 2.165 million barrels per day last year, according to data of Iraqi oil marketing company "Sumo."