Iraqi Oil Minister: Adding 6 billion barrels and 32 billion cubic feet to the national reserve

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Mubasher: The Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul Ghani, stressed today, Monday, the importance of the oil exploration sector, in enhancing the oil reserves of the hydrocarbon wealth of Iraq.

During his visit to the Oil Exploration Company, according to a statement by the ministry, the minister stressed the importance of converting “expectations” into a fixed reserve that enhances Iraq’s position in terms of sustaining and increasing oil and gas production, revealing that these efforts have resulted, during the past few years, in adding 6 billion barrels of oil. crude and 32 billion standard cubic feet to the national reserve of hydrocarbon wealth.

Abdul-Ghani added that the seismic teams affiliated with the Oil Exploration Company succeeded during the past period in intensifying their activities in the western desert of Anbar Governorate, in addition to some areas in Nineveh Governorate, Najaf, Muthanna and Dhi Qar, and traveled thousands of kilometers to collect information from the areas of land covered by the seismic survey within plans. Ministry, and achieved fruitful results.

For his part, the Director General of the Oil Exploration Company, Ali Jassim, said that the Deputy Prime Minister and Minister of Oil listened to an explanation of the plans and programs of the company, in addition to attending a workshop dedicated to the promising exploratory blocks with gas, the results of the exploration and evaluation work thereof, and future visions for the optimal investment of hydrocarbon wealth. .

Jassim stressed that the seismic teams of the company adopt the latest technologies, devices and advanced equipment in surveying the lands and areas nominated for development and production.

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The Deputy Prime Minister for Energy Affairs and the Minister of Oil were accompanied by the Director General of the Oil Contracts and Licensing Department and a number of officials in the ministry.

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