DUBAI, Sept 18 | Tue Sep 18, 2012 3:33pm IST
(Reuters) – Royal Dutch Shell’s Majnoon oilfield in Iraq, hampered by pipeline construction delays, may miss a 2012 target of 175,000 barrels per day.
“It would be fair to say the progress has been slower than we originally hoped,” Mark Carne, executive vice president for Middle East and North Africa at Shell Upstream International, said on Tuesday.
“But I am very pleased with how the project is developing.”
Asked if the 2012 target of 175,000 barrels per day could slide into next year, Carne said: “It is certainly plausible”.