Shahristani: Iraq's fifth-largest country in the world's oil reserves are 150 billion barrels

01/29/2014 17:43


Deputy Prime Minister for Energy Hussain al-Shahristani, stressing that the government will take measures to protect Iraq's oil wealth in the event of oil has been exported outside the framework of SOMO
Hussain al-Shahristani


BAGHDAD / obelisk: Deputy Prime Minister for Energy Hussain al-Shahristani, Wednesday, Iraq's fifth-largest country in the world in natural gas reserves, indicating that the reserves estimated at 150 billion barrels, stressing that the government will take measures in case of export of oil outside the framework of Sumo.

This came during a lecture at al-Shahristani, the Royal Institute of International Affairs, Chatham House in London

Shahristani said in a press statement received "obelisk" a copy of "The oil reserves in the Middle East and North Africa exceeds 1.2 trillion barrels and that means half the reserves of the world," stressing that "the reserves of Iraq is estimated at 150 billion barrels, and oil production in Iraq will reach 4.7 million barrels per day by the year 2015 and nine billion barrels per day by the year 2020 "

"The gas reserves in Iraq, up to 280 trillion cubic feet, and is ranked the fifth largest country in the world in natural gas reserves," explaining that he "was drilled 600 oil wells have been trained thousands of Iraqi technical personnel working in the field of oil."

And on the export of oil produced in the Kurdistan region, Shahristani said "The federal government has asked the provincial government to be the export of oil through the Iraqi oil marketing company SOMO because it is the only body authorized to export Iraqi oil," stressing that "the government will take measures to protect Iraq's oil wealth in the event of oil has been exported outside the framework of SOMO. "

And Acharalchehrstana that "the Iraqi government is able to control in areas of the desert of gray and the city of Fallujah and the city of Fallujah, now encircled and the government in the process of sending aid, including food, fuel and medicine to civilians," noting that "fear of the government of the occurrence of such aid, however, the terrorists."

For his part, the British minister in Britain's support for Iraq in efforts to combat terrorism, and they are ready to provide any assistance ask them.

He also met with Deputy Prime Minister Hussain al-Shahristani Balbaarona Emma Nicholson Director Ammar Charity Foundation and chairman of the Iraqi British trade and the two sides discussed "ways to strengthen relations between the two countries," stressing that "Iraq is keen to develop relations in all fields with Britain."

For its part, reviewed the Baroness "business and humanitarian achievements made ​​by the charity and the Council of Iraq Ammar British business in Iraq," indicating the "it's got a trade envoy post to the British prime minister to Iraq."

Shahristani was to have met on the sidelines of Almatmmerma Coordinator for International Energy U.S. Mr. Carlos Pascual and the two sides discussed ways to develop economic relations between the two countries and the application of the terms of the strategic cooperation agreement between the two countries.

He also met with the Minister for the Middle East and North Africa Department of the British Foreign Office in the presence of Mr. Hugh Rbertsn Iraqi ambassador to London, and the two sides discussed the subject of the security situation in Fallujah and Anbar.


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