Plan to Increase Oil Production in 2006
Posted on: Monday, 23 January 2006, 15:00 CST
A-Sharq Al-Awsat newspaper quoted Iraqi Oil Minister Ibrahim Bahir al-'Ouloum who said in early December 2005 that the Ministry intends to increase daily oil production in 2006 to 2.6 million barrels
. The paper noted that daily oil production in December 2005 reached 2.1 million barrels, and that daily oil exports from Iraq reached 1.2 million barrels in November 2005. Daily local oil demands came to 400,000 to 500,000 barrels during this period. The Iraqi Minister made these statements during his meeting with representatives of the Japanese Oil Ministry.Source: Info-Prod Research (Middle East)
Related Articles
- Snapshots Czech Republic Crude Oil 2007 Provides 2005 Year-End Market Size Data, With 2006 Estimates, 4 Years of Historical Data and Five-Year Forecasts
- Marathon Adds Net Proved Reserves of 282 Million Barrels of Oil Equivalent During 2005
- S.Korea Spends 40 Percent More on Oil Imports in 2005
- PetroChina Reports Record Crude Oil Output in 2005
- Oil Prices Finish 2005 Above 61 Dollars in New York
- Oil Prices End 2005 40 Percent Higher
- IEA Revises Down Forecast for Growth of Oil Demand in 2005, 2006
- Price of Crude Oil Slides $1 a Barrel As Demand Eases
- IMF Projects Higher Oil Prices for 2005, 2006
- Forest Oil Announces Record 2005 Second Quarter Results
Rating: 3.2 / 5 (11 votes)
 |
 |
Rate this article:
User Comments (0)
RSS Feeds