Wednesday, August 08, 2007
Oil Exports Declining And Six Billion Dollars Lost Annually…Terrorists Control An Oil Field north of Baghdad
Insurgency, Oil
(Al Mowaten Newspaper) - 7 AUG - A source said that part of an oil field “east” of Baghdad is controlled by terrorists. The unidentified source said that terrorist groups in the Rashdiya area control the oil wells in this field; and that Well #25 is one of the oil wells under their control. At least four tanker trucks per day are stolen. The source confirmed that this stealing began six months ago and about “15 million dollars” have been lost. The source announced that coalition forces and Iraqi security forces have not taken any action to stop the stealing or to attack the terrorists.
Also, the OPF has not carried out its duty to protect the fields. It is known that the production of this field is between 15,000 to 20,000 barrels per day. This field’s production is used by Dora Refinery and Al Quds Electricity Power Station. The “east” Baghdad field is one of the largest fields in Iraq and is supposed to be further developed so it will produce 35,000 barrels per day.
It is also one of the most geologically complicated fields and needs large investment. The field’s oil reserves are more than seven billion barrels and are about 6% of Iraq’s oil reserves. The oil field reaches from Salah Ad Din to Wasit in southern Iraq. A report from the American accounting office announced that the Iraqi government needs a long period of time before it can meet American demands for Iraqi production. The report published in the Washington Post said that after four years and three billion dollars being spent on the construction program for Iraq, the entire oil industry’s capacity is still low and lower than what the American administration was planning for. The report confirmed that security and corruption are behind hindering the oil sector.
Also, the OPF has not carried out its duty to protect the fields. It is known that the production of this field is between 15,000 to 20,000 barrels per day. This field’s production is used by Dora Refinery and Al Quds Electricity Power Station. The “east” Baghdad field is one of the largest fields in Iraq and is supposed to be further developed so it will produce 35,000 barrels per day.
It is also one of the most geologically complicated fields and needs large investment. The field’s oil reserves are more than seven billion barrels and are about 6% of Iraq’s oil reserves. The oil field reaches from Salah Ad Din to Wasit in southern Iraq. A report from the American accounting office announced that the Iraqi government needs a long period of time before it can meet American demands for Iraqi production. The report published in the Washington Post said that after four years and three billion dollars being spent on the construction program for Iraq, the entire oil industry’s capacity is still low and lower than what the American administration was planning for. The report confirmed that security and corruption are behind hindering the oil sector.
Labels: Dora refinery, insurgents, oil wells, Rashdiya area
Wednesday, July 04, 2007
Baghdad Governorate Council Has New Plan To Run Private Fuel Stations In Baghdad
Economy
(Badr Newspaper) - 3 JUL - Baghdad Governorate Council has agreed with the Oil Ministry to form a joint committee to create a plan to run private fuel stations. During a meeting held in the Oil Ministry headquarters and which was attended by Mr. Nazar Al Sultan, the Council’s Energy Committee Chief, and Mr. Mutasim Akram Hassan, an Oil Ministry advisor. Nazar Sultan said, “A technical and a legal committee will be formed that includes Baghdad Governorate Council members and Iraqi oil experts to create a plan to operate private fuel stations in Baghdad and to support the private sector.”
In related news, the Baghdad Governorate Council members discussed the subject of providing Baghdad Municipality with gasoline. The issue of supplying Baghdad Municipality with diesel was discussed for the purpose of carrying out projects and operating “pumping stations.” The council members decided to provide Baghdad Municipality with the gasoline that it needs.
In related news, the Baghdad Governorate Council members discussed the subject of providing Baghdad Municipality with gasoline. The issue of supplying Baghdad Municipality with diesel was discussed for the purpose of carrying out projects and operating “pumping stations.” The council members decided to provide Baghdad Municipality with the gasoline that it needs.
Mr. Nazar Al Sultan spoke about the fuel crisis in Baghdad and he called for a quick solution to this crisis. The Oil Ministry advisor stated that the reasons behind this crisis are corruption and the small number of fuel stations in Baghdad. He confirmed, “We have enough fuel but there are technical and security reasons that prevent us from providing Baghdad with more fuel.”
Mr. Mutasim Akram Hassan, the Oil Ministry Advisor for Distribution Efforts said, “The Oil Ministry has created a number of steps to resolve the fuel crisis, such as selling fuel directly to citizens who need it for small generators.” Nazar Al Sultan, the Energy Committee Chief, called for the distribution of fuel through the district councils and the Baghdad Governorate Council must be responsible for this matter. Al Sultan clarified that Dora Refinery needs to be used to its capacity to provide Baghdad with fuel.
Labels: Baghdad Governorate Council, corruption, Dora refinery, fuel stations, Oil Ministry, privatisation
Friday, June 29, 2007
Bomb damages pipeline
Oil, Security
(AP) - A bomb exploded Friday under an oil pipeline south of Baghdad, spilling crude oil and sparking a huge fire, Iraqi police said. The explosives were planted under a pipeline in the al-Mowehlah area of Haswa, a town 30 miles south of the Iraqi capital, a police officer said on condition of anonymity because he was not authorized to release the information.
The pipeline transmits crude oil from Iraq's southern oil fields to the Dora refinery in Baghdad. The blast ignited a huge fire around 5 a.m., the officer said. By midday, firefighters were still struggling to extinguish the flames, which were fueled by a continuing leak of oil from the pipeline, he said. Workers were also looking for a way to temporarily cut off the oil flow until a repair can be made, the officer added.
The pipeline transmits crude oil from Iraq's southern oil fields to the Dora refinery in Baghdad. The blast ignited a huge fire around 5 a.m., the officer said. By midday, firefighters were still struggling to extinguish the flames, which were fueled by a continuing leak of oil from the pipeline, he said. Workers were also looking for a way to temporarily cut off the oil flow until a repair can be made, the officer added.
Labels: al-Mowehlah, Dora refinery, explosion, Haswa, oil pipeline
