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Gazprom Increases Presence By Ramping Production in Iraqi Kurdistan

In a statement, the work to increase production was completed on 31 March, 2017.

Baghdad/ Iraq TradeLink: Russian Gasprom oil company announced the increase its oil production 
from  Kurdish  well Serkala-1 by 42% to reach 71000 b/d.

In a statement, the work to increase production was completed on  31 March, 2017.

It added that the current production of Serkala-1 reached its maximum, but there are expectations to have more increase in production.

Gasprom is working in Iraq since 2010 and signed a contract with the Kurdish region to divide the production. The Kurdish shares with the contracts signed with the Russian oil company reached to 20%.


The company is developing Badra oilfield in mid of Iraq, as well.
Source: Iraq TradeLink

 

 

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