Iraq Oil Output Hurt By High Associated Water

Crude oil production in Iraq’s southern oilfields is being hurt by high percentage of water contamination due to lack of proper maintenance and investment, Oil Minister Ibrahim Bahr al-Uloum said in remarks published Sunday.

“The most dangerous thing facing our oil production in the Basra oilfields is the high percentage of water in produced crude oil,” Bahr al-Uloum said in local newspaper al-Sabah.
NASDAQ