Expert: increased production and export of oil requires integrated infrastructure

Date: 2012-08-16 10: 05: 57 Thursday



Baghdad (News) ... Hisham AMR oil expert noted, the challenges facing the Iraqi oil sector, notably the lack of oil reservoirs and transmission lines that made the capabilities of export production and export limited, saying, could increase integrated infrastructure needs.

Hisham (News Agency news) on Thursday: the plan to increase Iraqi oil production is not a process of oil drilling and extraction, it needs a well thought-out plans for a large oil depots and transmission lines and multiple export outlets, because implementing the northern and southern no contained additional quantities of oil produced through.

He added: there are major challenges facing the oil sector made the bearings limited production and export them as internal deterioration of the infrastructure and not update some oil pipes corroded and old oil fields, resulting in the inability of the Ministry of oil of the application of this year's annual plan to increase oil production and exports.

He noted: the external challenges facing the Iraqi oil sector is wiggle world oil prices and political problems and international threats and the international economic crisis, all of which led to fluctuations in world oil prices and lack of demand for purchase. /finished/8. Dr. o