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Thursday, January 27, 2022 11:4 GMT
The President of the Iraqi National Oil Company (INOC) has laid the foundation stone for the US$594-million crude oil processing plant at Block 9 , within the Al-Fayha Oil Field in Basra Province. Ihsan Abdul-Jabbar Ismail said that the development is important for the production of light oil, with a target for this project of up to 100,000 barrels of crude oil per day, along with 135 mmscfd of gas at a future stage for electricity production. Khaled Hamza, General Manager of Basra Oil Company...More