Gazprom Neft Starts Oil Production, Shipments from Iraqi Badra Field

 

Russia's Gazprom Neft said on Monday it started commercial production and shipments of oil produced at its Iraqi Badra oil field.

Gazprom Neft, the oil arm of state gas company Gazprom , said that first oil was to be delivered via Iraq's pipeline system to the export terminal in Basrah.

"Current deliveries from Badra to the pipeline stand at over 15,000 barrels of oil per day and this level should be maintained until the end of 2014," the company added.

(Reporting by Katya Golubkova; Editing by Lidia Kelly)