MP Mudhar Al-Karwi showed, on Thursday, that the oldest oil wells in Iraq will return to actual manufacturing within 18 months.
Al-Karwi stated in an interview with dinaropinions.com, “The Khana oil discipline, positioned inside the a long way east of Iraq inside the borders of Diyala Governorate, which is the first oil discipline within the usa, started production more than 100 years ago, and played a pivotal function in the beginnings of the Iraqi oil enterprise, earlier than more than one elements caused a decline in its production after which the cessation of pumping in current years.”
He added that “referring the sphere to a foreign company to broaden it gives desire for the return of its oil hobby, specially because it consists of big reserves of crude oil,” noting that “the employer answerable for developing the sphere has pledged to pump the first shipments of oil from its more than one wells inside 18 months, with the intention to officially make it one of the fields producing again.”
Al-Karawi defined that “the improvement duration of the field has been decreased from five years to handiest 18 months, that is an essential development so as to offer excessive flexibility in pumping oil from Naft Khana in the direction of the capital, Baghdad, due to the presence of a pipeline extending from the field to the outskirts of the capital.”
He mentioned that “efforts are being made with the relevant authorities in Baghdad to set up an oil refinery subsequent to the Khana oil field, with the intention of exploiting the abundance of manufacturing to at ease oil derivatives for the provinces of Diyala and Kirkuk and close by regions, which contributes to improving balance and overcoming any future gasoline crises.”
it is noteworthy that the Khana oil area, which started out manufacturing in 1921, changed into one of the maximum vital oil fields in Iraq, but it witnessed a decline within the past many years due to the obsolescence of its centers and the decline in its production capabilities, which brought about its cessation of labor in recent years.
