Russia's Gazprom Neft Connects Badra Oil Field to Iraqi Pipeline System


MOSCOW, March 5 (Reuters) – Russia's Gazprom Neft, the oil arm of state gas company Gazprom, said on Wednesday it had connected its Iraqi Badra oil field to the oil pipeline system.

The company said in a statement that the new infrastructure has a capacity for 204,000 barrels per day. Badra oil can now be shipped to the export terminal at the city of Basra, it added.

Gazprom Neft plans to start commercial oil production in spring at its Badra oilfield in Iraq and hopes for an average output of 15,000 barrels per day this year.

(Reporting by Katya Golubkova, editing by Elizabeth Piper)

Copyright 2016 Thomson Reuters. Click for Restrictions.


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Branch Manager for Heavy Equipment Dealership in Mississippi
Expertise: Facilities Management|Mechanic
Location: Mississippi, United States, MS
Logistics Coordinator & Optimization Analyst
Expertise: Logistics Management
Location: Billings, MT
Expertise: Heavy Machinery Operator
Location: Midland
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours