Iraq: Ministry To Resume Oil Exploration After 20 Year Pause
Voices Of Iraq
BAGHDAD, Aug. 6 (VOI) – The Iraqi Ministry of Oil will continue its oil exploration in the coming few days, ending a two-decade pause, an official ministerial spokesperson said on Wednesday.
“A celebration will be held in the coming few days and attended by the minister of oil, Hussein al-Shahrestani, on the occasion of the launch of the quake survey in al-Gharaf field in Thi Qar’s capital city of Nassiriya…,” Assem Jihad told Aswat al-Iraq - Voices of Iraq - (VOI).
The survey will be conducted by one of three ministerial teams that have been recently set up to undertake exploration work, Jihad said, noting that the teams are comprised of engineers, geologists, geophysicists and technicians.
The spokesperson explained that Iraq’s oil reserves is more than double the officially confirmed figure, which is 115 billion barrels, adding that the lack of exploration work throughout the past 20 years has played a role in the matter.
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