Gulf Oil and Gas accountACCOUNT

Iraq Oil Ministry Launches A New Exportation System

Source: www.gulfoilandgas.com 6/3/2015, Location: Middle East

Mr. Fayadh H. Niema the deputy minister of oil opened the system of crude oil exportation in Faw province with an exportation power of 850 thousand barrels / day to export through the southern ports in Basra, which is the first of its kind in Iraq.

Mr. Fayadh ensured that the system included 3 oil reservoirs with two vertical pumps and a new counter system in addition to the pipelines which are extended from the Tuba depot in West Qurna /2 field. And this process will raise the exportation power to more than 3 million barrels / day.

He said also that the exportation of this type of oil will be connected to many oil fields such as West Qurna/ 2, Halfaya and the other oil fields, while he expected that the export capacity will reach 6 million barrels / day in the year 2020 within the projects that are being applied by the South Oil Company.

It is worthy to mention that the first shipment to a tanker ship started in the first of June with 2 million barrels.

Oil News in Iraq >>

United Arab Emirates >>  9/18/2019 - Petrofacís Engineering & Production Services (EPS) division has been awarded a contract to provide managed maintenance services for ADNOCís Al Dhafra ...
United Arab Emirates >>  9/16/2019 - SNC-Lavalin (SNC) announces that it has been awarded a general engineering, project management and technical support services contract from Al Yasat P...

Saudi Arabia >>  9/10/2019 - Subsea 7 S.A. announced the award of a large(1) contract by Saudi Aramco for Marjan Increment Projects - Package 2, offshore Saudi Arabia. ...
United Arab Emirates >>  9/9/2019 - Sparrows Group and MRDS have secured two joint drilling equipment contracts in the Middle East with an international drilling contractor and an Origin...

United Arab Emirates >>  9/9/2019 - V.Group has signed a contract with ADNOC Logistics & Services (ADNOC L&S), located in Abu Dhabi, UAE, to provide crew management services to 93 offsho...
Saudi Arabia >>  9/6/2019 - Subsea 7 has announced the award of three contracts, together representing a sizeable award for Subsea 7, by Saudi Aramco under the Long Term Agreemen...

Related Categories: Coal  Electricity  General  Natural Gas  Oil 

Related Articles: Coal  Electricity  General  Natural Gas  Oil 


Iraq Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.