The Oil Minister: On the Neighboring Countries Signed an Agreement with Iraq to Unify the Oil Fields

February 13, 2010 · Posted in NEWS
On: Sunday, 14/02/2010 12:31
Et al – Special

Oil Minister Hussain al-Shahristani neighboring countries to sign an agreement to unify the oil fields, which stipulates that both parties agree on a third party company, saying oil reserves under the map, guess how many reserves in each side.

About installing and ownership of the field loose change, and some of the fields with Iran, “Shahristani said in a statement singled out by the Agency for News News ((et al)) that Aidip installed in all our fields, but the pillars of the border does not exist, because the border are installed with maps of the United Nations, Iraq is no different with its neighbors the location of the border, but you must install these props, calling on neighboring countries to sign the Convention for the Unification of fields, indicating that the Unification Agreement means that the parties agree to a third party company, saying the oil reserves under the map, guess how many reserves in each side and the best way to develop the field technical economic and give each side its share from this field, pointing out that if we do not what’s happening is that every country that produces the maximum field can be affected due to low reservoir pressure and the result remains the oil within the earth, pointing out that Iraq has begun to negotiate with real neighbors Iran and Kuwait and we have common fields Thus, with the signing of agreements because common interest, adding that he was winning because of the reluctance we have decided to begin the development of these fields, and now Hvaratna digging near the Kuwaiti border into the wells and within our land, and Abarmahforp near Iran now produce, and I will not stay standardization agreements waiting to begin joint development of the fields, but in the interest of Iraq and its neighbors agreements not exhaust these fields in ways that art is incorrect and we can not produce the entire amount in the reserve.

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