Oil: Our long-term plans to increase oil production process

History of edits:: 19.06.2016 18:37 • 42 visits readable

{Baghdad: Euphrates News} between the official spokesman for the Oil Ministry, Asim Jihad said the ministry of our long-term plans to increase oil production process.

He said Jihad told {Euphrates News} on Sunday he was “increasing Iraq ‘s oil production comes in coordination with international companies operating in Iraq , according to all field, because fields vary depending on the production capacity and the quantities of reserves.” 

And that ” has been put far – term plans for the process of increasing oil production . ” , pointing out that “our oil production exceeds 4.0005 million bpd and exports from the south and center 3.0003 million barrels.” 

He pointed out that “there is a problem in the decline in global oil prices as our goal the sale of Iraqi oil at a good price and any increase will reflect positively on the economy national. ” 

with regard to the oil agreement with the Kurdistan region between Jihad by saying that he” was the conclusion of an agreement between Baghdad and Erbil within the budget of 2015 and 2016 and provides for the delivery of the amount of oil to Baghdad or export through SOMO but the province did not commit , and the situation remains as it is the region ‘s oil issue for his own account . ” .is over 


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