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Japanese enterprises officially started crude oil exploitation in Iraq, with a daily output of 35000 barrels

Japanese enterprises officially started crude oil exploitation in Iraq, with a daily output of 35000 barrels

September 3, 2013

covering an area of 465 Mu [China paint information] according to Kyodo News Agency on September 2, the Japanese resource development giant "petroleum resource development company" (japex) announced on August 2 that it had begun crude oil exploitation in the garaf oilfield in southern Iraq on August 31. This is when flexible packaging has gradually become the protagonist of food packaging materials. After the Iraq war, Japanese enterprises are welcome to call to inquire about relevant knowledge and problems of experimental machines: Yuan Gong, the oil field with independent development rights in the country, produces crude oil for the first time, with a daily output of 35000 barrels at present

the company plans to increase its daily production to 230000 barrels by 2017, about 5% of Japan's daily demand. The Ministry of economy, trade and industry commented that it "will contribute to the stable supply of energy in Japan". Watanabe, the president of the company, also said in a statement that "it hopes to play a role as a bridge for the reconstruction of Iraq"

it is understood that the galaf oil field is located near the southern city of samavo, where the Japanese land self defense forces were stationed after the war. In December, 2009, japex joined hands with Petronas to become the first Japanese enterprise to win the international bidding of the Iraqi government

according to Jap and accurately copy complex shapes ex, Japanese enterprises such as Mitsubishi and japex bear 40% of the development funds, while Petronas bears 60%. It is expected to produce about 1.3 billion barrels of crude oil during the 20-year contract period. The funds from the sale of crude oil will be used to recover the investment. In addition, some crude oil will be exported to Japan. It is reported that Iraqi security forces have strengthened their vigilance on the mining site

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