Iraqi oil production expected to continue to climb

Iraq’s oil production, now on track to reach 3 million b/d by yearend, could reach as high as 4 million b/d by yearend 2012, the country’s deputy oil minister said.

“By the end of next year, I think it could be in the region of 3.5 to 4 million b/d,” said Ahmed Al-Shamma.

For 2011, Iraq is on track to boost production around 400,000 b/d by Dec. 31, which would take production to 3 million b/d.

Shamma also said Iraq has added a fifth refinery project. It will process heavy oil from Qayarah and Najmah, awarded to Angola’s Sonangol in 2009. He estimated the refinery will cost at least $5 billion and will process at least 150,000 b/d.

Contact Eric Watkins at hippalus@yahoo.com

 

Related Articles

Ineos lets contract for Grangemouth ethane terminal

03/28/2014 Ineos Europe AG, Switzerland, said it has reached the latest milestones in its $500 million survival plan to import US shale gas to its 210,000-b/d...

Maintenance underway at Jamnagar refinery

03/27/2014 Reliance Industries Ltd. (RIL) has shut down one of three paraxylene units for planned maintenance at its 660,000-b/d Jamnagar refinery at Gujarat,...

Petronas progresses on RAPID project

03/27/2014 BMT Asia-Pacific Pte. Ltd. (BMT), a subsidiary of BMT Group Ltd., has completed a concept design for the material offloading facility (MOLF) at sta...

ENOC lets contract for Jebel Ali refinery upgrade

03/27/2014 Emirates National Oil Co. (ENOC) has let a front-end engineering and design (FEED) contract to KBR for the upgrade of its 120,000-b/d condensate re...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected