MISSAN: A Chinese company has began construction of a large oil field in southern Iraq's Halfaya area, with a productive capacity of 100,000 barrels per day (bpd), Missan Oil Company's Director said on Saturday.
"The Chinese Oil Firm for Engineering & Construction has began setting the concrete bases for the construction of the first production network of southern Iraq's Halfaya Oil Field, with a production capacity of 100,000 barrels per day (bpd)," Engineer Ali Maarij told Aswat al-Iraq news agency.
Maarij said that the productive capacity of the new oil field shall be equal to that of Missan's total oil production of 100,000 bpd, and for a total cost of US$174 millions, expected to start production on the first quarter of next year.
Missan, with its center city of Amara, is 390 km to the south of Baghdad and covers a geographic area of several productive oil fields, called Bazergan, Abu-Arab, Fekka and Halfaya, as well as the Majnoun Oil Field, sharing with Southern Iraq's Oil Company, along with 5 discovered but not yet productive oil fields of Huwiza, Rafi'e East Rafidain, Dujeila and Kumeit.
© Aswat Aliraq 2011
