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Majnoon Island
Majnoon Island is an island in southern Iraq near Al-Qurnah that is a center for oil production of the Majnoon Oilfield. The area was built out of sand dunes and mud to create pathways for oil pipelines.
Before the Gulf War, roughly a sixth of Iraq's oil reserves, some , passed through this island. Production quickly recovered after the site was a center of fighting in the Iran-Iraq War, particularly Operation Kheibar in 1984. However, following the imposition of United Nations sanctions and the 2003 Iraq War, production has presently reduced to .
In December 2009, the Iraqi government awarded a license to a joint venture from Royal Dutch Shell and Petronas to take over operations at Majnoon Oilfield, and triple production from the estimated reserve of at a fee rate of $1.39/barrel. The joint venture company is 25% held by the Iraqi Ministry of Oil, 45% by Shell and 30% by Petronas.〔 〕
==References==
''The Longest War'', by Dilip Hiro, Routledge Chapman & Hall, Inc., 1991. (pg. 103)
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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