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Economy
Maysan Oil Company exports 56 million barrels in 2012.
30/12/2012 15:35:00

Amara / NINA / The director of Maysan Oil Company, Ali al-Bahadli confirmed that "the company and through its oil fields, distributed in the province, exported more than 56 million barrels during 2012."

He explained to the reporter of the National Iraqi News Agency / NINA /: "The daily production rate of crude oil reached more than / 155 / thousand barrels a day through its oil fields / Abu Qarab, Amara, the Bazirgan, Fakkah, Halfaya, Noor, Kumait, Dujail, Rifai, Rafidan, Huaizah and Dima."

He added "The volume of oil production in the governorate is rising and will arrive after 4 years to one million barrels per day, which will support the national economy and the petro-dollar project in Maysan."

Maysan fields have stockpile of crude oil estimated 30 billion barrels in addition to large amounts of associated gas . the total oil fields in Maysan is 11 fields and the number of wells drilled is more than 85 wells. The coalition of Chinese CNBC , France Total and Malaysia PETRONAS had previously signed a of a business contract to develop Halfaya field in Maysan during the second licensing round, which took place in December last year. / End

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