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Expert: Iraq will occupy second place in the world in oil pr

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Expert: Iraq will occupy second place in the world in oil pr

Unread postby Stillw8n » Tue Nov 22, 2011 10:22 am

Expert: Iraq will occupy second place in the world in oil produced

Halim said oil expert Kazim, that in the case of Iraq’s ability to produce more than (6) million barrels of oil a day will compete with the major powers of the oil and the second product in the world after Saudi Arabia.

Kazim said in a press statement yesterday that if Iraq were able to produce more than (6) million barrels of oil per day will be the second product in the world after Saudi Arabia and the oil states will compete during the majority of the production and export.
The oil expert: the light of plans by the Ministry of Oil and the contracts signed with international companies, internationally recognized and specialized for the production and development of oil fields, pointing out: that Iraq will play a key role in the global markets for oil by the response to the global demand for oil.

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