The hottest Iraqi oil minister Iraq's record crude
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Iraqi oil minister: Iraq's record crude oil export in January will promote the production increase plan
Iraqi oil minister: Iraq's record crude oil export in January will promote the production increase plan
January 25, 2016
[China: coating information such as various qualified and unqualified evaluations, various levels of evaluations, various shortcomings or organization evaluations] Iraqi oil minister Adel Abdul Mahdi said in an interview on Thursday (January 21), Iraq test has high repeatability; The latter will promote the plan to increase crude oil production this year. The country's crude oil exports hit a record in January, which was not affected by Iran's return to the market
Iraq is the second largest oil producer of the organization of Petroleum Exporting Countries (OPEC). Mahdi predicted that crude oil production in the southern region of the country also fell sharply this year, and the threshold for entrepreneurship would increase by up to 400000 barrels a day to more than 4million barrels a day
northern Iraq also produces crude oil, but the revenue from the sale of these crude oil belongs to the Kurdish autonomous region, not to the central government of Iraq. Crude oil production in the northern part of the country is more than 600000 barrels per day
Mehdi said that Iraq would supply additional crude oil output to the market at competitive prices, and said that it had signed a contract with Chinese refineries covering the whole year of 2016
he stressed, "in fact, we have no shortage of contracts in Iraq. Until now, the demand for our crude oil has exceeded our supply, even if Iran returns to the market."
the United States, the European Union and the United Nations recently lifted most sanctions against Iran and no longer restricted Iran from selling crude oil
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