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2014-03-20 08:14:00

GAZPROM TESTS IRAQ

GAZPROM  TESTS  IRAQ

OGJ.  GAZPROM NEFT has completed testing its second well in Badra field in Iraq, with average flow rates of 10,000 b/d from three tests.
An earlier well recorded a natural flow rate of 7,000 b/d.
Drilling is continuing on a third well, and six additional wells are planned. Construction is almost complete on the first phase of a central gathering station.
The company said commercial production from Badra should begin in the next few months. By 2017, production is forecast to reach 170,000 b/d.

Tags: GAZPROM, IRAQ

Chronicle:

GAZPROM  TESTS  IRAQ
2018, July, 16, 10:35:00

CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

GAZPROM  TESTS  IRAQ
2018, July, 16, 10:30:00

LIBYA'S OIL DOWN 160 TBD

REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.

GAZPROM  TESTS  IRAQ
2018, July, 16, 10:25:00

BAHRAIN'S GDP UP 3.2%

IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.

GAZPROM  TESTS  IRAQ
2018, July, 16, 10:20:00

NIGERIA'S GDP UP 2%

IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.

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