The Fastest Growing Oil Exporting Company in the Globe

Iraq becomes the global fastest oil exporting company again. It was the one several years ago. When it comes to the position now, Iraq is more eye-catching. Its recurrence makes the customers worried about Libya’s interruption of oil supply temporary, and also may increase the market competition between members of OPEC.
 

Although it was affected by Libya war, Iraq is supposed to create the biggest annual oil production growth in the history. According to the current situation, it has been the second biggest oil production country in OPEC. In order to share the market, BP and Exxon Mobil, such companies are in the exploration of oil fields in the south of Iraq. In 2013, Iraq average daily oil sales slightly below 2.4 million barrels with $89 billion in revenue. If it could have 2.8 million barrels of oil daily sale, the annual income can reach to 100 billion dollars, according to 100 dollars a barrel. At present, Iraq’ fastest oil exporting has not made any pressure the international oil price. It is welcomed by other OPEC member countries, because it recovers the oil gap.
 

The breaking news has been posted on many websites and magazines. Of course, it catches up the eye of KOSUN, an oilfield solids control equipment manufacturer and supplier in the world. The best sale products are linear motion shale shaker, drilling decanter centrifuge and mud cleaner. KOSUN is also good at waste management equipment manufacturing.