Iraq to Cut Oil Output at Nahr Bin Omar Oil Field
Iraq’s Basra Oil Co will cut crude oil output at the Nahr Bin Omar field to a minimum because of pollution and gas emissions.
SEATTLE (Oil Monster): Iraq’s Basra Oil Co will cut crude oil output at the Nahr Bin Omar field to a minimum because of pollution and gas emissions, state news agency reported on Sunday.
The company’s Director General Ihsan Abduljabbar said: “Nahr Bin Omar oilfield is considered one of the most controversial fields because of the pollution and gas emissions”.
Abduljabbar added “it has been decided to cut crude oil production to minimum and to stop operating all oil wells to provide environmental protection”.
Courtesy: www.reuters.com
Track the prices behind the story
Daily prices for 281 crude grades, Brent–Dubai spreads, history back to 2009 and Excel downloads.
