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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Saudi Arabia uses an oil port built with money from Iraq and the latter objecting

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    port -   Saudi Arabia uses an oil port built with money from Iraq and the latter objecting Empty Saudi Arabia uses an oil port built with money from Iraq and the latter objecting

    Post by Rocky Thu 03 Jan 2019, 3:35 am

    Saudi Arabia uses an oil port built with money from Iraq and the latter objecting


    Thursday, January 3,


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    revealed an Iraqi official, Thursday, Saudi Arabia has used an oil port on the Red Seawas built with Iraqi funds, while noting that the Iraqi side objected to it. 

    The Gulf newspaper quoted the official as saying that " Iraq is seeking clarification from the Saudi side on the use of the Kingdom in recent period a port of oil on the Red Sea, was built with Iraqi funds as part of an agreement concluded at the end of the eighties between the two countries to diversify sources of Iraqi oil export, but stopped after the war Gulf ".

    "The project includes the extension of a strategic oil pipeline from the fields of Basra insouthern Iraq, with a capacity of 1.6 million barrels per day and ends in Saudi territory at the port of Majaz, near the port of Yanbu Saudi Red Sea. The port was built according to an agreement between the two countries with Iraqi funds, However, Riyadh has no right to act without returning to Baghdad as the owner of the right to invest in it. " 

    "The port was built with Iraqi funds, which is like any investment project governed by laws and agreements, and will be sought from the Saudi side that the issue is circulating in Iraq," he said.

    The port of Al-Majas started exporting before the first Gulf War broke out. However, it stopped exporting after the Iraqi pipeline stopped in 1990. The port was changed during the last period from the port of Al-Majas to the southern port of Yanbu.



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    port -   Saudi Arabia uses an oil port built with money from Iraq and the latter objecting Empty Iraq refuses to use Saudi Arabia oil port built with money

    Post by Rocky Thu 03 Jan 2019, 3:40 am

    Iraq refuses to use Saudi Arabia oil port built with money

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    A senior Iraqi official revealed that his country is seeking explanations from the Saudi side about the Kingdom's recent use of an oil port on the Red Sea, which was built with Iraqi funds as part of an agreement concluded between the two countries to diversify Iraqi oil export sources. However, While experts in the oil sector described the Saudi move as a "hands-on" on Iraqi investments.
    The project includes the extension of a strategic oil pipeline from the fields of Basra in southern Iraq, with a capacity of 1.6 million barrels per day and ends in Saudi territory at the port of Majaz, near the port of Yanbu Saudi Red Sea. The port was built according to an agreement between the two countries with Iraqi funds, Riyadh has the right to act without returning to Baghdad as the owner of the right to invest in it.
    The port of Al-Majas opened the Iraqi Ministry of Oil, and representatives of Western and local companies contributed to the completion of the project. The export operation began before the first Gulf War broke out following the Iraqi invasion of Kuwait. However, it stopped exporting after the Iraqi pipeline stopped in 1990, while the name of the port was changed during the last period from the port of Majaz to the southern port of Yanbu.
    In May 2017, Reuters quoted Saudi officials as saying that the state oil giant Aramco plans to inaugurate the Red Sea port of the Red Sea resort next year, bringing its total loading and export capacity to 15 million barrels per day. Her official Twitter account clearly shows this.
    According to an Iraqi official in Baghdad spoke to the "new Arab", "the Iraqi government is determined to clarify the Saudis about the port of Al-Maajaz and direct unilateral use it," adding: "The port was built with Iraqi funds, which is like any investment project governed by laws and agreements, Clarification from the Saudi side that the subject is circulating in Iraq and there are pressures from political forces around him. "
    Issam Chalabi, former Iraqi oil minister for the "New Arab", described the use of the port by the Saudi authorities as a "handshake", pointing out that this has been going on since 2000.
    Chalabi explained that he was the opening of the port at the time, for the export of Iraqi oil on the seventh of January 1990 and continued until the second of August of the same year.
    "The Saudi authorities put their hands on all parts of the project in 2000, including the Iraqi pipeline that Saudi Arabia is now using in its territory, but two months ago I heard that they would use it to export oil. .
    "Saudi Arabia and other countries have given themselves in the light of Security Council resolutions the right to seize Iraqi interests and companies. For example, Syria has taken over the Iraqi pipeline to the port of Banias, and Egypt has put its hand on Iraqi assets, including precious equipment that were in the port of Nuweiba on the Red Sea and shipments were inside the Suez Canal, and gave itself the right to confiscate, after the Gulf War, and the same for the Saudis, and seized Iraqi companies in other countries.
    According to Moussaoui, Riyadh initiated in the light of the wave of punitive decisions on Iraq to seize the pipeline and the port, as compensation for the occupation of Iraq, the city of Khafji and the bombing of Riyadh with rockets.
    He added: "The subject is a legal issue, and Baghdad should accelerate the selection of a team of lawyers and international experts on this file to retrieve the funds of the country, and international courts can intervene in this file to determine whether Saudi Arabia passed international law or not on Iraq and its interests, One party?".
    He continued: "No one in Iraq can move on this issue, only through the Iraqi government because it is the only legitimate right to do so."
    "Was the damage caused by Iraq to Saudi Arabia, for example, the assessment of the value of the pipeline and the port and how it was done and on any legal basis?
    "We have received information that Saudi Aramco wants to use this port for the export of oil, and we believe that the issue needs to be reviewed with Baghdad, specifically the ministries of oil and foreign affairs, and an approach," said Razak Muhaibis, a member of the oil and energy committee in the Iraqi parliament. The Saudi side to end this file, because the port is built with Iraqi funds with the pipeline currently used by the Saudis. "
    In the past decades, there has been a tendency for Iraq to export oil through the Red Sea, such as diversifying ports and expanding the base of its buyers. , And the problems that followed must be reset including the subject of the pipeline and the port, adding: "The House of Representatives and the Iraqi government will certainly stop in this regard."
    According to Salam al-Shammari, a member of the coalition of "Saron", "the confiscation of the port built with Iraqi funds, illegal, the resolutions of the Security Council against Iraq did not include any action in this regard, did not refer to him from near or far."
    "It is natural that Iraq and Saudi Arabia are holding talks to reach a solution that will contribute to improving the neighborly relations, especially if Riyadh agrees to return the pipeline within a new agreement in which Iraq will regain its rights."
    Sources point out that Iraq seeks to resolve many outstanding issues related to oil production and export projects. Iraq's oil minister, Jabbar al-Luaibi, said last June that Iraq was working to raise oil production to 7.5 million bpd in 2024, allocating 6 million barrels for export and 2.5 million barrels for domestic consumption.
    The current production capacity is close to 5 million barrels per day, of which about 3.5 million barrels. Iraq, OPEC's second largest oil producer, pumps most of its daily production from oil fields in the south of the country and ships it through the port of Basra province, with most of the crude oil exports heading to Asia.
    Source: The New Arab

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    port -   Saudi Arabia uses an oil port built with money from Iraq and the latter objecting Empty Iraq demands Saudi Arabia to clarify its "hand" on one of its oil ports

    Post by Rocky Thu 03 Jan 2019, 6:46 am

    [rtl]

    Iraq demands Saudi Arabia to clarify its "hand" on one of its oil ports

    [/rtl]
    [rtl]Editorial date: 2019/1/3 10:57 • 1414 times read[/rtl]
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    [rtl]
    {International: Al Furat News} A senior Iraqi official revealed that Iraq is seeking clarification from the Saudi side about the Kingdom's recent use of an oil port on the Red Sea.
    "The port was built with Iraqi funds as part of an agreement reached between the two countries in the late 1980s to diversify the sources of Iraqi oil exports, but it stopped after the Gulf War. . the 
    project includes extending a strategic oil pipeline from the fields of Basra in southern Iraq, with a capacity of 1.6 million barrels per day and ends inside Saudi territory at the port of miraculous, near Yanbu Saudi Red Sea port, was built port export according to the agreement between the two countries with Iraqi funds, states that to Q of the right to dispose of Riyadh without returning to Baghdad as the right owner of investment in it.
    The Iraqi Ministry of Oil opened the port of Al-Majaz, and representatives of Western and local companies contributed to the completion of the project and started the export operation before the first Gulf War broke out following the Iraqi invasion of Kuwait, but stopped exporting after the interruption of the Iraqi pipeline in 1990, From the port of Miracle to the southern port of Yanbu. 
    In May 2017, Reuters quoted Saudi officials as saying that Saudi state oil giant Aramco plans to launch the Red Sea port of the Red Sea resort next year, bringing its total loading and export capacity to 15 million bpd. Aramco details through its official Twitter account show this clearly.
    According to an Iraqi official in Baghdad, speaking to "the new Arab", "the Iraqi government is determined to clarify the Saudis about the port of Al-Maajaz and unilateral use of it," adding that "the port was built with Iraqi funds, which is like any investment project governed by laws and agreements, Clarification from the Saudi side that the subject is circulating in Iraq and there are pressures from political forces around him. " 
    Issam Chalabi, former Iraqi oil minister for the "New Arab", described the use of the port by the Saudi authorities as a "handshake", pointing out that this has been going on since 2000. 
    Chalabi explained that he opened the port at the time, for the export of Iraqi oil on January 7, 1990 and continued until the second of August of the same year.
    He added that "the Saudi authorities in 2000 put their hands on all parts of the project, including the Iraqi pipeline, which is now used by Saudi Arabia within its territory, but two months ago I heard that they will use it in the export of oil, and can reach a political agreement or understanding, .is over



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    port -   Saudi Arabia uses an oil port built with money from Iraq and the latter objecting Empty Baghdad demands Riyadh to clarify the position of one of Iraq's oil ports

    Post by Rocky Thu 03 Jan 2019, 6:50 am

    [size=36]Baghdad demands Riyadh to clarify the position of one of Iraq's oil ports[/size]

    01:04 - 03/01/2019

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    BAGHDAD (Reuters) - 
    An Iraqi official revealed Thursday that Iraq intends to seek clarification from Saudi Arabia that used an oil port on the Red Sea that was built with Iraqi funds. 
    The official said, according to the newspaper "the new Arab country", "Iraq is seeking clarification from the Saudi side on the use of the Kingdom in the recent port of oil on the Red Sea, was built with Iraqi funds in an agreement concluded at the end of the eighties between the two countries to diversify sources of Iraqi oil exports, But it stopped after the Gulf War. "
    He added that "the project includes the extension of a strategic oil pipeline from the fields of Basra in southern Iraq, with a capacity of 1.6 million barrels per day and ends in Saudi territory at the port of Majaz, near the port of Yanbu Saudi Red Sea, and the export port was built according to an agreement between the two countries with Iraqi funds, States that Riyadh has no right to act without returning to Baghdad as the owner of the right to invest in it. " 
    The official pointed out that "Iraq is determined to clarify from the Saudis about the port of Al-Maajaz and direct unilateral use," noting that "the port was built with Iraqi funds, which is like any investment project governed by laws and agreements, and will be clarification from the Saudi side that the subject is circulating in Iraq "Ending 29 / a 43


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    port -   Saudi Arabia uses an oil port built with money from Iraq and the latter objecting Empty Saudi Arabia uses an oil port built by Iraq on the Red Sea at the end of the 1980s

    Post by Rocky Thu 03 Jan 2019, 3:14 pm

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    Saudi Arabia uses an oil port built by Iraq on the Red Sea at the end of the 1980s


    03-01-2019 09:41 AM 
    Number of Views: 133


     
     
     
     
    Agency of the orbit -
    Baghdad 
    'new Arab' newspaper said in a report published on Thursday that Iraq is on the request for clarification from the Saudi side about the use of the Kingdom in the recent period , an oil port on the Red Sea, was built with Iraqi funds within entered into the end of the eighties between the two countries , an agreement aimed at diversifying sources of oil export But was halted after the Gulf War. 
    The report, which was followed by 'orbit', that 'the project includes the extension of a strategic oil pipeline from the fields of Basra in southern Iraq, with a capacity of 1.6 million barrels per day and ends within Saudi territory at the port of Majaz, near the port of Yanbu Saudi Red Sea, To an agreement between the two countries with Iraqi funds, stipulating that Riyadh has no right to act without returning to Baghdad as the owner of the right to invest in it.
    He added that 'the Iraqi Oil Ministry opened the port of the miracle, and representatives of Western and local companies contributed to the completion of the project, and began the export process before the outbreak of the first Gulf War following the Iraqi invasion of Kuwait, but stopped exporting after the interruption of the Iraqi pipeline in 1990, The name of the port during the last period from the port of the miracle to the port of Yanbu South '. 
    "In May 2017, Reuters quoted Saudi officials as saying that the state oil giant Aramco plans to inaugurate the Red Sea port of the Red Sea resort next year, bringing its total loading and export capacity to 15 million barrels Daily, Aramco also published details through its official Twitter account clearly shows'.
    According to an Iraqi official in Baghdad, 'the Iraqi government is determined to clarify the Saudis about the port of Al-Majaz and direct unilateral use it,' adding that 'the port was built with Iraqi funds, which is like any investment project governed by laws and agreements, Circulating in Iraq and there are pressures from political forces around him '. 
    In the same context, Issam Chalabi, the former Iraqi oil minister, according to the newspaper, the use of the Saudi authorities port of miracles as 'put a hand', pointing out that this is happening since 2000 until now. 
    Chalabi explained that 'he who opened the port at the time, for the export of Iraqi oil on the seventh of January 1990 and continued until the second of August of the same year'.
    "In 2000, the Saudi authorities put their hands on all parts of the project, including the Iraqi pipeline that Saudi Arabia is now using in its territory, but two months ago I heard they would use it to export oil," he said. 
    The Iraqi legal expert Ali al-Musawi said that "Saudi Arabia and other countries granted themselves in the light of resolutions issued by the Security Council, the right to take over the interests of Iraqi companies, for example, the Syrian seized the pipeline to the port of Banias, Egypt, and put its hands on Iraqi assets, including precious equipment Were in the port of Nuweiba on the Red Sea and shipments were inside the Suez Canal, and gave itself the right to confiscate, after the Gulf War, and the same for the Saudis, and seized Iraqi companies in other countries.
    According to Moussawi, Riyadh initiated in the light of the wave of punitive decisions on Iraq to seize the pipeline and the port, as compensation for the occupation of Iraq, the city of Khafji and the bombing of Riyadh with missiles. 
    "The issue is a legal issue, and Baghdad should speed up the selection of a team of lawyers and international experts on this file to retrieve the country's funds, and international courts can intervene in this file to determine whether Saudi Arabia passed international law or not on Iraq and its interests, One?'. 
    He pointed out that 'no one in Iraq can move on this subject, only through the Iraqi government because it is the only legitimate right to do so'. 
    "Was the damage caused by Iraq to Saudi Arabia, for example, an assessment of the value of the pipeline and the port, and how was it done and on what legal basis? All this needs clarification and answers'.
    "We have received information that Saudi Aramco wants to use this port to export oil, and we think that the issue needs to be reviewed with Baghdad, specifically the ministries of oil and foreign affairs, and to approach the Saudi side to end this file because the port is built," said Razak Muhaibis, a member of the oil and energy committee in the Iraqi parliament. With Iraqi funds with the pipeline currently used by the Saudis'. 
    In the past decades, there has been a tendency for Iraq to export oil through the Red Sea, such as diversifying ports and expanding the base of its buyers. , And the problems that followed must be reset, including the subject of the pipeline and the port, adding, 'will be the House of Representatives and the Iraqi government will certainly stop in this regard'.



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