Trade Resources Industry Views Missan Has Emerged as a Major Oil Producer in Iraq as More of Its Oil Fields

Missan Has Emerged as a Major Oil Producer in Iraq as More of Its Oil Fields

The Province of Missan has emerged as a major oil producer in Iraq as more of its oil fields come on stream.

Ali Muaarij, the head of Missan Oil Company, said foreign firms are developing these fields and currently the province produces 230,000 bpd.

He said he expected the Missan fields to produce up to 400,000 bpd by the end of the year, and more than 1 million bpd by 2017.

According to the report from Azzaman, Muaarij said his company has granted China Petroleum Pipeline (CPP) a $650-million contract to build a 300-kilometer pipeline to link Missan fields with storage depots 0n the Gulf.

Source: http://www.iraq-businessnews.com/2013/01/30/missan-emerges-as-major-oil-producer/#respond
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Missan Emerges as Major Oil Producer
Topics: Metallurgy