Royal Dutch Shell PLC (RDSA) plans to pump as much as 175,000 barrels of oil equivalent a day in 2012 from Iraq's giant Majnoon oil field, ahead of its 1.8-million-barrel-a-day crude target seven years from now, a senior company executive said Monday.
Royal Dutch Shell PLC (RDSA) plans to pump as much as 175,000 barrels of
oil equivalent a day in 2012 from
Iraq
's
giant Majnoon oil field, ahead of its 1.8-million-barrel-a-day crude target
seven years from now, a senior company executive said Monday.
"The contract has two milestones. One of them is 175,000 barrels [of oil
equivalent] per day, and 2012 is the Shell aspiration for that," Mounir
Bouaziz, Shell vice president for new business in the
Middle
East
and
North Africa
, told Dow Jones Newswires at
an industry event in
Abu Dhabi
.
Shell is still keen to capture and sell natural gas in
Iraq
, but
is waiting for a new Iraqi administration to be in place, Bouaziz said.
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