By John Lee.
Iraq’s Ministry of Oil has announced that the long-awaited start of production at the Gharraf [Garraf] oilfield is now scheduled for the end of August.
Initial output is expected to be 35,000 barrels per day (bpd).
The company previously had a plan to start operations by September of last year, and were urged last summer by Iraqi Deputy Prime Minister for Energy Affairs, Hussein al-Shahristani to speed up progress on the project.
Malaysia’s state oil firm Petronas holds 45 percent of the oilfield development and production service project, Japan Petroleum Exploration (Japex) 30 percent, and Iraq’s North Oil Company (NOC) 25 percent.
(Source: Ministry of Oil)