Iraq: We are working to resume the export of crude oil through the Turkish port of Ceyhan
Oil Minister Haiyan Abdel Ghani confirmed on Wednesday work to resume the export of crude oil through the northern port.The ministry said in a statement that “Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul Ghani chaired the leadership meeting for operations,” praising “the achievements in the oil sector during the past year.”Abdul Ghani stressed “the implementation of the government program in the government program, and the acceleration of the implementation of strategic projects in the sectors of extraction, liquidation, gas, distribution, export outlets, renewable energy, infrastructure and others.”He expressed “the ambition that the new year will witness the implementation of many strategic projects, achievements, and the formation of an important addition to the oil industry.”He added that “we are working to promote projects to sustain and increase oil production, and implement the requirements of the five-year plan to reach a production rate of (6) million barrels per day,” noting that “a significant increase in production, and we plan to reach self-sufficiency, and stop import, and the coming period will witness the completion of a number of promising projects that achieve our goals.”
He continued, “We succeeded in promoting the associated gas investment projects, and the last period witnessed an increase in the quantities of gas invested from the oil fields, and this year will witness the addition of (200) of fields invested within the tasks of the work of the Basra Gas Company, as well as the promising increases from the fields of the Maysan and Dhi Qar Oil Company,” pointing to “working to strengthen the strategic storage of oil products, to support the electric power generation sector, the local need, as well as work to re-re-esume the export of crude oil through the northern port, to enhance financial revenues to support the state treasury. The ministry achieved in 2023 an increase in financial revenues than planned, and we hope to achieve more during the new year.”He pointed out, “the importance of the leadership meeting of operations in discussing the implementation of strategic project implementation plans, and accelerating their implementation.”The meeting discussed a set of important topics and projects included in its agenda, where measures and recommendations were taken on them, in the presence of the ministry’s agents, and a number of officials in companies and departments of the ministry’s center.
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