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INTERVIEW-Iraq eyes new oil platforms, fourfold export boost

Published 11/26/2009, 08:44 AM
Updated 11/26/2009, 08:48 AM

BASRA, Iraq, Nov 26 (Reuters) - Iraq aims to install four new floating oil terminals and three new undersea oil pipelines that will boost export capacity to 8 million barrels per day from a current 1.9 million bpd, a top oil official said.

Dhiya Jaafar, current chief of Iraq's South Oil Co. (SOC), which oversees the bulk of exports from the country's vast oil reserves, on Wednesday told Reuters work should be completed on the new terminals and pipelines in the second half of 2011. (Reporting by Aref Mohammed; Writing by Mohammed Abbas; Editing by Michael Christie) ((michael.christie@thomsonreuters.com; +964 7901 917 030; Reuters Messaging: michael.christie.reuters.com@reuters.net))

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