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



Reuters

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)



WHAT DO YOU THINK?


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