Iraq expects to export oil from a new port on the Gulf in Ja

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Iraq expects to export oil from a new port on the Gulf in January

Iraq expects to start one of the three ports of new oil on the Gulf coast in the first of January is an important step in its efforts to build export capacity to accommodate increased production from the southern fields. said Jafar director of the Southern Oil Company government, told Reuters during a trip to inspect the work in the export facilities that new construction in the three buoys single connected by land near Basra by pipelines length of 60 kilometers under the sea will be completed at the beginning of the new year, but only one will start running immediately. and was the site of construction on the Gulf crowded with ships, cranes and workers on Wednesday as Leighton Offshore is working hard to complete the project, worth $ 733 million by the end of the year. According to Jaafar that about 90 percent of the work on marine pipelines and about 60 percent of the pipeline land a double length of eight kilometers has been completed. Jaafar said in an interview on board the ship "Rumaila" of the oil company South, 100 km from the coast of Iraq on the Gulf that the timing of the flow of oil through the new buoy is the first of January 2012. He added that he will start one float and then mounts the work. and will operate three buoys single new large increase in power of Iraq's export while promoting me. BP and Exxon Mobil, Shell and other global production in the Rumaila and West Qurna field, the giant fields and other southern. Iraq has exported 2.189 million barrels per day in August, of which 1.728 million from the ports of export based off the coast of Basra. The capacity of each of the floats new export 900 thousand barrels per day. And operation of the three together would add energy to export to Iraq of $ 2.7 million bpd, more than double the current capacity of Basra. The workers were riding three pumps at the site freely. Jafar said that after the installation of pumps will transport crews Leighton Oil Company and three buoys south of Dubai, where was prepared for the move to Basra. Are segments of the supply pipeline from Saudi Arabia. Jaafar said that work is proceeding according to schedule and that 75 percent of the project completed so far. He stated that Iraq's export capacity of the five ports will be 4.5 million barrels a day.

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