Iraq Start Export From Algharraf Oil Field

abarrelfullabarrelfull wrote on 05 Sep 2013 07:05
Tags: iraq japix m-east petronas upstream

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Mr.Abdulkareem Liaybi the minister of oil announced that the oil exportation from Algharraf field started in Saturday the 31th of August 2013 with 35 thousand Barrel/ Day of production.

Mr. Liaybi ensured that the oil exports started after the primary starting, one week before, and expected to be 230 thousand Barrel/ Day gradually until 2017. And said that: Algharraf field which was developed by the consortium of Petronas Malaysian & Japix Japanese is the third field to be developed by the ministry of oil which is considered as one of the discovered undeveloped fields with (7,545) billion barrels of oil reserve, after Al-Ahadb in Wasit governorate and Halfaya in Maysan governorate.

Mr. Liaybi added also that, the consortium of Petronas & Japix finished the preparations for the extraction process as well as the production of crude oil from the wells that was opened gradually to transform oil to the processing units then to the pumping stations, to raise the Iraqi production.

Mr. Liaybi shown that the new produced oil quantities in the governorate, will contribute in raising the Petrodollar incomes which will improve the economic situation and services.

It is worthy to mention that, the minister of oil announced earlier in august for the start of opening the oil wells gradually in Algharraf field in Thiqar governorate to prepare for the extraction process and the initial production.

The ministry of oil announced that there will be a raise in the coming period during the start of the initial production from the new four fields (Algharraf, Majnoon, West Qurna-2, Badra field) while the production from Algharraf was expected to start in the end of the previous August.

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