Iraq Sets Production Level for Zubair, W.Qurna

Source: Reuters 2/28/2010, Location: Middle East

Iraq's Oil Ministry has agreed with foreign oil firms to set baseline production level for West Qurna Phase One and Zubair oilfields, a senior Iraqi oil official said.

Iraq agreed with Exxon Mobil and Royal Dutch Shell to set the baseline production level at Iraq's 8.7-billion-barrel West Qurna Phase One oilfield at 244,000 barrels per day, Dhiya Jaafar, head of the South Oil Co said.

Iraq has also agreed with Italy's Eni-led group to set the baseline production level at Iraq's 4-billion-barrel Zubair oilfield at 183,000 bpd, he added.


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