Iraq oil exports to exceed 2.6m bpd in Dec Head of Iraq’s - TopicsExpress



          

Iraq oil exports to exceed 2.6m bpd in Dec Head of Iraq’s Oil Marketing Company (SOMO) said he expects the average of oil exports from port of Basra to exceed 2.6 million barrels per day (bpd) in December, reported Reuters. Earlier, Iraq’s Oil Minister Adel Abdul -Mehdi told Mubasher that the country’s oil production is projected to reach four million bpd, especially after the agreement it signed with the semi-autonomous Kurdistan Region. Iraq’s oil reserves reached 150 billion barrels and are expected to increase to 200 billion barrels after completion of oil explorations, Abdul-Mehdi highlighted, adding that gas reserves stood at 132 trillion cubic feet and projected to rise to 280 trillion cubic feet. emac-advertising/iraq-stock-exchange-report-monday-22-december/
Posted on: Mon, 22 Dec 2014 13:13:14 +0000

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