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PetroChina-led operations push Iraqi oilfield to record output

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      China

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      PetroChina-led operations push Iraqi oilfield to record output

      2025-01-05 00:24 Last Updated At:01:47

      The West Qurna-1 oilfield in Iraq, one of the world's largest oilfields, has reached a production milestone in PetroChina's first year as the lead contractor.

      Located 50 kilometers northwest of Basra in southern Iraq, the West Qurna-1 oilfield holds geological reserves of 10 billion tons, with an estimated remaining recoverable amount of 3.06 billion tons. It's annual output of crude oil exceeds 25 million tons.

      PetroChina, one of China's major oil and gas producers and distributors, replaced ExxonMobil as the lead contractor for the West Qurna-1 oilfield, holding the largest stake, with development officially kicking off on Jan 1, 2024.

      Since then, PetroChina has helped steadily increase production at the oilfield to 550,000 barrels per day.

      The Iraqi government has given credit to PetroChina for Iraq's energy development sector.

      "The oilfield is currently being developed by PetroChina, which has made significant efforts to continue its development, increasing its daily production to 550,000 barrels. The company also prioritizes regional public welfare, delivering benefits to the local community by rebuilding roads, providing essential services, and creating more jobs in the area," said Hayyan Abdul Ghani, Iraqi deputy prime minister for energy affairs and minister of oil.

      Looking ahead, the oilfield is aiming for further production increases.

      "With the help of PetroChina, we have witnessed significant progress in both oilfield production and local livelihoods. The company has also provided services to local communities living near the oilfield. There have been notable improvements in the oilfield's development plans, production capacity, and crude oil quality. We are confident that we will ultimately achieve a daily production of 800,000 barrels, and even reach 1.2 million barrels," said Bassem Al-Ghalabi, deputy general manager of Basra Oil Company.

      PetroChina-led operations push Iraqi oilfield to record output

      PetroChina-led operations push Iraqi oilfield to record output

      Next Article

      AU dispatches Panel of Wise to address ongoing instability in South Sudan

      2025-04-06 22:30 Last Updated At:23:07

      A high-level mediation team from the African Union (AU) Commission has been dispatched to Juba, capital of South Sudan, to try to ease the rising tensions between President Salva Kiir and First Vice President Riek Machar, and help resolve the current political crisis in the country.

      Riek Machar and several senior officials have been detained since clashes erupted in January between the South Sudan People's Defense Forces and the opposition fighters.

      Machar was accused of instigating violence in Nasir in the northern part of the country.

      The mediation team says it plans to engage Machar, but that meeting is yet to take place.

      The AU is urging South Sudanese political leaders to resolve the current disagreement through dialogue.

      Machar heads the largest opposition group that has an armed wing in the country, known as SPLM/A-IO.

      South Sudan's government says it's still investigating Machar for being allegedly involved in clashes between government troops and armed civilians affiliated to SPLM/A-IO in Nasir.

      "The mandate of the RTGoNU (the Revitalized Transitional Government of National Unity) is simple; that we stop war, we form a revitalized government of national unity so that we return security, sustainable peace in the country," said Martin Elia Lomuro, South Sudan's Minister of Cabinet Affairs.

      Meanwhile, Machar's party members are calling on president Kiir to order the release of their leader.

      The group argues that the arrest of Machar means the 2018 peace deal which ended five years of violence in the country has partially collapsed.

      The government reaffirms its commitment to the implementation of the 2018 peace deal.

      It says Mr. Machar is in conflict with the law and that the implementation of the peace deal should not be used as cover to commit crime. However, until now, South Sudanese law enforcement agencies have not charged Machar with any offense in a court of law.

      South Sudan, which became independent in 2011, signed a peace deal in 2018 that ended a civil war between forces loyal to Kiir and Machar. Nearly 400,000 people died in the civil war.

      Relations between Kiir and Machar, who have dominated South Sudan's politics for decades, remain strained. The clashes and latest political tensions between the two leaders have unsettled many citizens and the international community.

      AU dispatches Panel of Wise to address ongoing instability in South Sudan

      AU dispatches Panel of Wise to address ongoing instability in South Sudan

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