Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

CNPC, Partners to Raise Output at Iraq Halfaya Oil Field in July

Don't Miss Out —
Follow us on:

June 18 (Bloomberg) -- China National Petroleum Corp. and its partners will raise output at Iraq’s Halfaya oil field sevenfold in the first week of July, the director general of the Iraqi state Missan Oil Co. said.

Production will rise to 70,000 barrels a day from 10,000 barrels currently, Ali Muarej said today in a telephone interview. The increase in output is ahead of schedule, he said.

CNPC and partners Paris-based Total SA and Petroliam Nasional Bhd., the Malaysian oil company known as Petronas, have drilled 22 wells in Halfaya where production is forecast to increase to 535,000 barrels a day by 2017, he said.

Missan Oil Co. is Iraq’s third-largest state-owned oil company and oversees Halfaya. CNPC has a 50 percent share in the project, while Total and Petronas each own 25 percent.

To contact the reporter on this story: Kadhim Ajrash in Baghdad, Iraq, through the Dubai newsroom at

To contact the editor responsible for this story: Stephen Voss at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.