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More oil to be produced in Iraq

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More oil = more revenue for Iraq, correct? More revenue equals… well, more revenue! I can’t imagine more money being a bad thing!

Test pumping is set to begin soon in the Nassiriya field, part of the al-Geteaa area that is about 380 km south of Baghdad. Expected output is 15,000 bpd – they will only be utilizing 3 of 5 wells in the field.

State run South Oil company director Dhiaa Jaafar states that production will begin in a few days.

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One response to "More oil to be produced in Iraq"
Robert said:
June 17, 2009

Would be good them if they RV the Dinar. Makes sence as they would get more for they buying power. Think it
should go up to about $1.25 They would ba able to
get the country back is shape a lot faster.

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