Over 100 oil wells dug in Kur­dis­tan since 2005

The Kurdish Globe - - NEWS -

If the KRG can find more pur­chasers of oil, the pro­duc­tion of oil can be in­creased from 200,000 bar­rels to 500,000 per day by 2015.

Hawre Aziz Man­sour Bag, who is pro­fes­sional about oil and gas is­sues, shed light on the re­cent en­ergy con­di­tions in Kur­dis­tan Re­gion.

Man­sour Bag said that since 2005 over 100 oil wells have been drilled. “The suc­cess of oil in­dus­try in Kur­dis­tan Re­gion is not only based on the tech­ni­cal sides of pro­duc­ing oil only, but it is based on the in­ter­nal and ex­ter­nal support as well.”

Con­cern­ing the process of oil pro­duc­tion in the Re­gion, Man­sour Bag said oil is pro­duced by pro­fes­sional in­ter­na­tional com­pa­nies that do their job sci­en­tif­i­cally, but one thing that should be taken into con­sid­er­a­tion is the pro­tec­tion of en­vi­ron­ment from be­ing pol­luted.

In his view, the Kur­dis­tan Re­gional Gov­ern­ment (KRG) has been suc­cess­ful in at­tract­ing sev­eral gi­ant com­pa­nies in or­der to work in the Re­gion and oil is ex­pected to get pro­duced in higher rates in the fu­ture.

“If the KRG can find more pur­chasers of oil, the pro­duc- tion of oil can be in­creased from 200,000 bar­rels in to 500,000 per day by 2015,” he re­vealed.

Due to lack of re­fin­ery sys­tem, peo­ple in Kur­dis­tan are suf­fer­ing short­ages of gaso­line and other fu­els. And since in­stalling new re­finer­ies takes a long time, Man­sour Bag be- lieves the KRG can solve fu­els is­sues through in­creas­ing the pro­duc­tion of re­fined fuel in the avail­able Kawr­gosk and Baziyan Re­finer­ies.

In his view, the gov­ern­ment needs to plan for build­ing a huge re­fin­ery in or­der to pro­duce enough fuel for the lo­cal peo­ple and for ex­port­ing as well. “In or­der not to face cri­sis, the gov­ern­ment have to have a strate­gic plan for build­ing new re­finer­ies and in­crease pro­duc­tions. We al­ways need to have a large amount of fuel stored for needy and emer­gency sit­u­a­tions.” He con­cluded.

Newspapers in English

Newspapers from Iraq

© PressReader. All rights reserved.