Oil: global interest in the fourth licensing round next Wednesday
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Oil: global interest in the fourth licensing round next Wednesday
27/05/2012 10:17
Oil Ministry announced that "the fourth round of licenses to be held on 30 and 31 of this month, global concern is clear."
He said the ministry spokesman Assem Jihad said this interest was reflected by the amount of media coverage that will receive the next round through the participation of media crews of the companies participating in the round, which amounted to 47 companies. "
He said: "Over the two days will be Show 12 exploration blocks, new, 5 of which oil and 7 gas and with the utmost clarity and transparency and will enter the round of 47 companies worldwide with the expertise and competence full in this area and in accordance with international standards in addition to focusing also on the health and environmental standards of the country."
Jihad said, "This tour is different from the previous three rounds were the first and second fields of the existing and the third for the fields of gas unexplored either this round Fajtlavha stems from the development of patches exploratory stages of conversion to productive and that will add huge amounts to Iraq's reserves of oil and gas," noting that "the oil reserves Iraq's current reach 143 billion barrels, and we hope through this round doubling the figure to higher levels. "
He said the combination of fields explorative, which announced last year for this tour consists of 12 area, including the seven fields of geography new gas in Iraq, Alriqatan the first and second in Nineveh, and part of a second is located in Anbar province, and the third, fourth and fifth in the province of Anbar, and seventh in Qadisiyah, and part of the province of Muthanna, Diyala and eighth, and ninth in the province of Basra, near the Iraqi-Iranian border, and the tenth joint between the provinces of Qadisiyah and Muthanna, Alriqatan the eleventh and twelfth Mstrkian between Najaf and Muthanna. "
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Oil Ministry announced that "the fourth round of licenses to be held on 30 and 31 of this month, global concern is clear."
He said the ministry spokesman Assem Jihad said this interest was reflected by the amount of media coverage that will receive the next round through the participation of media crews of the companies participating in the round, which amounted to 47 companies. "
He said: "Over the two days will be Show 12 exploration blocks, new, 5 of which oil and 7 gas and with the utmost clarity and transparency and will enter the round of 47 companies worldwide with the expertise and competence full in this area and in accordance with international standards in addition to focusing also on the health and environmental standards of the country."
Jihad said, "This tour is different from the previous three rounds were the first and second fields of the existing and the third for the fields of gas unexplored either this round Fajtlavha stems from the development of patches exploratory stages of conversion to productive and that will add huge amounts to Iraq's reserves of oil and gas," noting that "the oil reserves Iraq's current reach 143 billion barrels, and we hope through this round doubling the figure to higher levels. "
He said the combination of fields explorative, which announced last year for this tour consists of 12 area, including the seven fields of geography new gas in Iraq, Alriqatan the first and second in Nineveh, and part of a second is located in Anbar province, and the third, fourth and fifth in the province of Anbar, and seventh in Qadisiyah, and part of the province of Muthanna, Diyala and eighth, and ninth in the province of Basra, near the Iraqi-Iranian border, and the tenth joint between the provinces of Qadisiyah and Muthanna, Alriqatan the eleventh and twelfth Mstrkian between Najaf and Muthanna. "
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