Iraq's Majnoon oilfield is targeting production of 175,000 barrels of oil equivalent per day in 2012, a senior Royal Dutch Shell executive said on Monday.
Shell to Boost Iraq Majnoon Oil Output, Eyes Gas
Iraq's Majnoon oilfield is targeting production of 175,000 barrels of oil equivalent per day in 2012, a senior Royal Dutch Shell executive said on Monday.
"Iraq has been struggling to meet 2 million b/d for years," says Majid Jafar, executive director at Crescent Petroleum. "Now in the run-up to the elections, the government has been proposing a 12 million b/d target, which is ludicrous.
Lufthansa is resuming flights to Iraq on 25 April 2010 with services from Frankfurt to the city of Erbil in Northern Iraq and will run four flights per week on this new route.
Work on the project has reached 59% completion,” said Anmar al-Safi.
The installation air compressors at the shipyard of the Iraqi Ports Company in Basra has been completed.
Ministry of oil reiterated requests for importing companies of Iraqi crude oil to announce the size and numbers of payments to the country
In Vienna for an OPEC meeting last week, Shahristani said Baghdad would participate in OPEC agreements to curb oil supply when output reached 4 million bpd, some 8 million bpd short of Iraq's envisaged target.
“The Japanese-Malaysian consortium started initial works to upgrade al-Gharraf oilfield, north of al-Nasseriya,” Kareem Yasser Hashem, the director of oilfields in Thi-Qar said.
Iraq's Transport Minister said that the ministry is trying to accelerate the delivery of 55 new aircraft from Boeing as the country expands operations of its state-controlled Iraqi Airways.
A Kuwaiti project to drill an oil deposit shared with Iraq has sparked outrage in Iraq's southern oil province of Basra.
Two contracts were signed on Wednesday with a local company to establish desalination plants in Umm Qasr and Khour al-Zubeir ports
Last week as many as 700 workers at the 150,000 barrel per day refinery 16 kilometers west of Basra held a three-hour strike.
