Adding to his earlier comments, Iraq’s Oil Minister Thamer Ghadhban was further noted saying that they are close to a deal with international firms to help expand its oil output, export capacity.
Key quotes:
“¢ Iraq has received bids from 3 international contractors for water injection project in the south, work will start in 2019.
“¢ Seeks to reach an export capacity of 8.5 mbpd in coming years, including 6.5mbpd from southern oilfields.
“¢ To diversify oil export outlets, including New Kirkuk-Ceyhan pipeline, Iraq-Jordan line.
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