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Oil Production Resumes At Iraq's Qayyarah Oil Field

Production resumes following shutdown period following ISIS occupation

Iraq Oil Minister Jabar al-Luaibi has announced that the Qayyarah field in Nineveh has resumed crude oil production at a rate of 30,000 barrels per day (bpd). The field had been shut down for four years following a period of occupation by ISIS which halted production and revenue in the Mosul area.

Announcing the news Luaibi revealed resumption had followed "the comprehensive reconstruction of damaged wells, installations and pipelines," The oil minister also hailed the news as a "national achievement" and a "victory over the terrorist gangs that deliberately sabotaged, destroyed and burned all oil wells." 

The Ministry also revealed plans to increase oil production to 60,000 bpd by the end of the year.

According to Iraq’s oil ministry, the town consists of 50 oil wells, 34 of which were damaged following clashes between Iraqi forces and ISIS with the group having set wells ablaze to create a protective screen against air strikes. 

For the first time in the history of the oil field, oil production will also be carried out for export, with all oil generated from the field previously used for domestic production.

 

Source: Sputnik

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