17/10/2011 12:46
Erbil, October 17 / October (Rn) - The Commercial Counselor of the Ministry of wealth and natural resources in the Kurdistan Region, today, Monday, from the increase in the Region's exports of oil to one million barrels per day by year-end 2015, according to the website "Mina" in Egypt. The Saad Saad Allah told the Kurdish News (Rn), that the "territory occurred since 2007 several contracts with foreign companies to develop projects to extract oil has," noting that "the Region's exports of oil will reach by the end of this year to 200 thousand barrels a day." Saad said God " the region Msfian oil working capacity of 60 thousand barrels per day, "noting that" due to high energy Almsfian by the end of the year 2012 to 160 thousand barrels per day. " The number of oil wells in the Kurdistan Region of 40 wells, while sits the region to oil reserves crude estimated 45 billion barrels and 100 to 200 trillion cubic feet of natural gas, putting the region within the countries vast oil. The Kurdistan region has started exporting oil from its territory in June of 2009 for the first time in its history from the fields of "Taq Taq "and" Tawke "rate of about 100 thousand barrels per day, before suspending the export as a result of disagreements with the federal government on contracts concluded by the Kurdistan government with foreign companies to develop oil fields, is Baghdad these contracts" void ", and stresses the province, said contracts are consistent with applicable laws. The region resumed oil exports last February, which boosted total exports from Iraq. see: dominated Hadi, see: Aso Haji
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