Gazprom to start production of oil in Badra field [06/09/2014]

Baghdad (IraqiNews.com) New infrastructure for the field’s commercial development has been put in place. The CGS’s first line has been constructed with a capacity of 60 thousand barrels per day and in March 2014 the Badra field was connected to the 165-kilometre-long main Iraqi oil pipeline system.

Production in the field will reach its peak of 170 thousand barrels per day (around 8.5 million tonnes per year) in 2017 and then remain the same for a period of 7 years.

Vadim Yakovlev, First Deputy CEO of Gazprom Neft said in a statement reviewed by IraqiNews.com “Development at the Badra field is one of Gazprom Neft’s first international assets in oil production. We launched this project from scratch and over a short period of time have completed all of the complex work necessary for the industrial development of the Badra field.”

It is worth mentioning that Badra oil field is located in Wasit Province in Eastern Iraq.