29/01/2012 13:54
Baghdad, January 29 (Rn) - The Iraqi Oil Ministry on Sunday, it was in negotiations with South Korea, Japan and reached the final stages of selling its oil, with plans to increase exports to 2.6 million barrels a day this year. Exports of crude oil Iraqi 2.145 million barrels per day in December from 2.135 million barrels per day in November. A spokesman for Iraqi oil marketing company "Sumo" Hamid Al-Kaabi told the Kurdish news agency (Rn) that "Iraq has already started to conduct talks with South Korea and Japan to intervene in the markets which Iraq exports to oil. " and added that "Iraq is working to diversify its oil exports between Asian and European markets and the U.S. in order to give its exports an economic power is not affected by the political events occurring in the countries that issued the Iraqi crude oil." and noted that "talks with Korea South Korea, Japan and reached the final stages and this depends on the amount of surplus production in the future and their need real oil. " The Ministry of the Iraqi oil they do not plan to find alternatives to the shipments of its oil to the importers around the world as if it took Iran to implement its threat to close the Strait of Hormuz after European Union states agreed to impose sanctions on exports of Tehran's oil. and passes about 1.7 million barrels per day of Iraqi oil through the Strait of Hormuz, through tankers, carried from the ports of Basra, south of the country. Iraq seeks to export 2.6 million barrels per day during the current year according to the plan included in the budget country's financial dependent on oil imports by 95 per cent. Iraq is a member of OPEC and has the fourth-largest oil reserves in the world, and entered into agreements with global energy companies to raise production to 12 million barrels per day by 2017. Allonan of Jafar. Manufacturing of: Walid al-Zaidi. Open: Abdullah Sabri
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