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Iraq ups production of oil products

Oil&Gas Materials 3 February 2012 16:00 (UTC +04:00)

Azerbaijan, Baku, Feb.3 / Trend, A. Taghiyeva /

In 2011, Iraq produced 19,148 cubic meters of gas oil per day, while consumption totaled 21,892 cubic meters of gas oil per day, Iraqi Oil Ministry spokesman Asym Jihad told Trend on Friday.

In 2010 these figures amounted to 16,596 and 17,200 cubic meters per day respectively.
Gasoline production in 2011 increased up to 12,600 cubic meters per day, consumption - up to 20,500 cubic meters per day compared to the production of 12,200 cubic meters per day and consumption of 18,300 cubic meters per day in 2010 respectively, Jihad said.

According to BP, proven oil reserves in Iraq amounted to 115 billion barrels in early 2011, and as a result the country ranked third in the world after Saudi Arabia and Iran.

Major oil fields in Iraq such as Rumaila, Zubair, Nahr Umr, Majnun and West Qurna are situated in the south of the country. About 80 percent of oil produced in the country is exported. Iraq supplies oil to Jordan, Turkey and Syria.

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