Russia’s Lukoil starts output from giant Iraq oil field
Press TV – March 29, 2014
Russia’s oil giant, Lukoil, has begun pumping crude oil from one of the world’s largest undeveloped oil fields in southern Iraq, as the Arab country works to bolster its oil exports.
During a Saturday ceremony to inaugurate the West Qurna-2 field in Iraq’s southern city of Basra, Iraqi Oil Minister Abdul Kareem Luaibi said crude production at the massive oil field is expected to reach some 400,000 barrels per day (bpd), from an initial 120,000 bpd.
The Iraqi minister further expressed hope that the country’s oil output could possibly reach four million bpd by the end of this year.
“This is a historic and great accomplishment that would enable the government to implement its development programs by increasing its revenues,” added Luaibi.
Lukoil Chief Executive Vagit Alekperov also hailed the launch of West Qurna-2 as “strategically important” for the Russian company, which is the principal firm developing the enormous West Qurna-2 field.
The inauguration of West Qurna-2 will allow Russia’s second oil producer to more than double its overseas crude output.
Earlier in the day, Dhiya Jaafar, the head of Iraq’s South Oil Company, said oil exports from southern Iraq have averaged 2.48 million bpd so far this month and would rise to 2.65 million following the inauguration of West Qurna-2.
West Qurna-2, with an estimated 14 million barrels of recoverable reserves, is the second biggest untapped oil field after Rumaila in southern Iraq.
Iraq is dependent on oil exports for government revenue and is working to boost its oil sales. The Arab country has proven reserves of 143.1 billion barrels of oil as well as 3.2 trillion cubic meters of gas.
Baghdad seeks to increase its crude production capacity to nine million bpd by 2017.
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Why You Should Destroy Your Smart Phone Now
By Simon Elmer | OffGuardian | March 29, 2023
So-called ‘smart phones’ — far more accurately described as ‘dumb phones’ — combine a mobile phone with a watch, with a road map, with a tourist atlas of the world, with a digital camera, with a personal stereo system, with a music collection, with a video recorder, with a diary, with a calculator, with a credit card, with a travelcard, with an office key, with a torch, with a newspaper, with a television, with something to read on the train, and probably a lot more.
I don’t know, because I don’t own one.
‘But it’s so convenient!’ cry those who stare unbelieving at my twenty-year-old Nokia.
To which I reply: ‘Convenience breeds compliance.’ But to what?
Since they were first introduced into our lives in 2008, smartphones have become our outsourced memory and brain, replacing both with the convenience of not having to remember anything or think for ourselves. If you don’t believe me, then answer me this without looking at your smart phone. What is 9 x 13? What was the capital of the Socialist Federal Republic of Yugoslavia? In what month of which year did the UK invade Iraq at the tail-end of the US-led coalition? Before smart phones, every child in the UK knew the answers to these questions. Now, no adult does.
But they are now even more than this. Smartphones, under the two years of lockdown, were the instrument onto which the COVID-faithful downloaded the software applications (or app) that connected them to the Test and Trace tracking programme that identified and recorded their location, movements, associations and personal contacts. … continue
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Reblogged this on silbershark110neverdie.
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Good for Russia.
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