Baghdad: Director General of Midland Oil Company Mohammed Yassin Hassan announced that the company has successfully restored its production levels to 100 percent, despite the prevailing global challenges. Speaking at the eighth Baghdad Dialogue Conference, Hassan highlighted the strategic measures adopted by the company to counter the disruptions caused by the current circumstances, ensuring minimal impact on its operations.
According to Iraqi News Agency, Hassan emphasized that while all companies faced challenges during the crisis, Midland Oil Company managed to maintain stability through critical sessions with its partners. These collaborations were instrumental in devising solutions that facilitated the recovery of production levels. The company has also established crude oil analysis stations for land exports, which are now operational and ready for loading, with active participation and cooperation from foreign companies.
Hassan further assured that the company’s production has returned to its pre-crisis levels experienced during the Strait of Hormuz situation. He also projected that by next September, Midland Oil Company aims to achieve 90 percent utilization of associated gas, with aspirations to reach full capacity. These efforts underscore the company’s resilience and commitment to overcoming challenges while maintaining operational efficiency.