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"
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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