| Saturday, November 10, 2001, updated at 21:51(GMT+8) |
Iraq Manufactures Oil Tanks, Refiners Through Own Efforts |
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Iraq's Oil Ministry has succeeded in manufacturing oil tanks and refiners by itself, the official Iraqi News Agency (INA) reported on Saturday.
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Iraq's Oil Ministry has succeeded in manufacturing oil tanks and refiners by itself, the official Iraqi News Agency (INA) reported on Saturday.
Twenty-seven oil tanks with different capacity and two oil refiners have been made and installed, and preparations for 10 other refiners are in full swing, an official of the Oil Ministry told INA.
The official, speaking on customary condition of anonymity, hailed the move as a "success in breaking foreign monopoly" in these aspects.
Iraq, which has been under sweeping U.N. economic sanctions after its 1990 invasion of Kuwait, says that it would develop its embargo-hit oil industry through self-reliance.
Moreover, the ministry has recently stepped up efforts to discover more oil and gas resources.
The Iraqi Al-Zawra weekly newspaper reported on Thursday that a large gas field has been discovered in Iraq's western desert with an estimated reserve of more than 60 billion cubic meters.
Iraq has the second largest proven oil reserve in the world.
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