Smugglers target Basra's floating power stations

An Iraqi worker fixes wiring linked to a generator which provides electricity to a residential neighborhood in Baghdad during power cuts on April 10, 2012. (AHMAD AL-RUBAYE/AFP)
By Ben Van Heuvelen of Iraq Oil Report
Published April 16, 2012

Smugglers at a floating power station in Basra have been stealing $5 million worth of fuel each month and trucking it into the semi-autonomous Kurdistan region, according to the inspector general of the Electricity Ministry.

Investigators have not determined where it has gone after that, and have not accused any government officials of involvement.

The investigation now centers on an unnamed Iraqi company, which stands accused of siphoning heavy fuel oil meant for a power station, loading...

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SOC Output Forecasts for Southern Oil Fields

Posted on 25 April 2012. Tags: oil production, Rumaila, South Oil Company, West Qurna, Zubair
SOC Output Forecasts for Southern Oil Fields

Production at BP‘s Rumaila oilfield (pictured) is running at 1.316 million barrels per day (bpd), and is expected to increase by another 250,000 bpd in the second half of the year, the head of state-run South Oil Company said, according to Reuters.

Dhiya Jaffar also told reporters at a news conference that ouput from West Qurna-1 was at 406,000 bpd and expected to rise by 100,000 bpd in the next six months.

Meanwhile production at the Zubair oilfield was 254,000 bpd and expected to increase by 100,000 bpd by the end of the year.

(Source: Reuters)