* Drastically: the production of oil in Kurdistan soon reach one million barrels per day

January 16th, 2012 07:47 am · Posted in NEWS: Dinar Currency & World Currency News 

Twilight News / Minister of Natural Resources in the Kurdistan Regional Government, for the production of oil in the Kurdistan Region will reach the threshold of one million barrels per day in 2015.

He drastically in an interview with Reuters news agency, said, “is expected to be producing oil fields in Kurdistan 175 thousand barrels per day in 2012 and that up to one million barrels per day in 2015.”

The minister said that “the provincial government is about to sign a contract with the company (Genel Energy) to build a pipeline at a cost of $ 400 million to connect the Taq Taq oil field, its Iraqi export pipeline connecting to the Turkish port of Ceyhan on the Mediterranean coast.”

The problem of oil, gas and Qannounama is one of the biggest differences between the federal governments in Baghdad and Arbil, the regional because of the different views on the legal interpretation as stated in the Iraqi constitution and attempts to provide two points of view that is different from each other.

LINK


Comments

Comments are closed.

Archives: Latest Posts

May 25 May 24

http://www.theiraqidinar.com/2012/01/16/drastically-the-production-of-oil-in-kurdistan-soon-reach-one-million-barrels-per-day/