Buenos Aires, October 8, European's No. 2 oil company British Petroleum (BP) CEO Tony Hayward October 8, told reporters here, as the company seeks to improve Iraq's largest Rumaila field of production of crude oil production, BP is possible, together with our partners to invest 20 billion U.S. dollars this project.
BP's Hayward in October 8 with the Iraqi government and the Chinese state-owned oil giant China National Petroleum Corporation (PetroChina / CNPC) signed a preliminary contract made the remarks after. He said that BP may be located in the major oil investment in southern Iraq from 10 billion to 20 billion U.S. dollars.
Iraqi Oil Minister Hussain al-Shahristani said that because Iraq has been looking for a partner to develop its own oil fields, therefore, he hoped that Rumaila field's oil production in the next six years will triple.
Oct. 10, 2009
