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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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    Establishment of the largest industrial island to export oil in the northern Gulf in Iraq

    Rocky
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    Establishment of the largest industrial island to export oil in the northern Gulf in Iraq Empty Establishment of the largest industrial island to export oil in the northern Gulf in Iraq

    Post by Rocky Wed 04 Sep 2019, 2:08 am

    [size=36]Establishment of the largest industrial island to export oil in the northern Gulf in Iraq[/size]

    Economy | 08:28 - 04/09/2019

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    BASRA, Iraq (Reuters) - The Basra Oil Company ( MOC) will sign a memorandum of understanding with a Dutch company to prepare a roadmap for the construction of the largest industrial island for exporting crude oil in the offshore area in the northern Gulf. 
    The company is expected to sign a memorandum of understanding with the Dutch company Boss Kals to develop a comprehensive joint map with all the technical details, the semi-official Al-Sabah daily reported Wednesday. To build the largest industrial island for the export of crude oil in the offshore area north of the Arabian Gulf, and is one of the largest industrial islands in the world.     
    He pointed out that the Ministry of Oil represented by the company will sign a consultative study contract, which will pave the country to enter into the offshore oil industry projects in the future and maximize financial resources in the state's public budgets. With the capacity to raise the joint export and treasury capacity of the project at a higher rate in the future to allow access to the target figure by the ministry to provide the needs of the global market of crude oil. 
    Abdul Jabbar explained that the final contract includes the preparation of a road map to clarify all the details of engineering, logistics, investment, economic and housing for the workers of this giant project, as well as the mechanism of financial recovery of the parties.
    In a related context, the Director of the company to maintain the relative stability in the rate of export capacity of crude oil planned for the current month through the ports of Basra at 3 million and 400 thousand barrels per day, recording a reduction of about 50,000 barrels per day from the rate of export for the previous month, which was an average of 3 million And 450,000 barrels per day, according to the OPEC.  
    He pointed out that there is no intention of the ministry to raise the declared export rate achieved monthly until the end of this year in compliance with the decisions of the Organization of Petroleum Exporting Countries and OPEC countries to support the policy of supply and demand balance and the price of a barrel of crude oil in the global market.


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    Establishment of the largest industrial island to export oil in the northern Gulf in Iraq Empty Iraq reveals its intention to build the largest industrial island to export oil in the northern Gulf

    Post by Rocky Wed 04 Sep 2019, 2:21 am

    [rtl]

    Iraq reveals its intention to build the largest industrial island to export oil in the northern Gulf

    [/rtl]
    [rtl]Release date:: 9/4/2019 8:34 • [rtl]232 [/rtl][rtl]read [/rtl]times[/rtl]
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    [rtl]
    BAGHDAD: Basra Oil Company, in the middle of this month, a memorandum of understanding with a Dutch company to prepare a road map to build the largest industrial island for the export of crude oil in the offshore area in the northern Gulf.
    General Manager Ihsan Abdul Jabbar said in a press statement that "the company will sign a memorandum of understanding with the Dutch company (Boss Kals) to build the largest industrial island for the export of crude oil in the offshore area in the north of the Gulf. 
    " Oil represented by the company will sign the consultative study, which will pave the country to enter into the offshore oil industry projects in the future and maximize the financial resources in the general budgets of the state. The project has a capacity of up to 6 million standard barrels with capacity to increase the export and storage capacity of the project at a higher rate in the future to provide access to the target set by the ministry to meet the global market needs of crude oil.
    Abdul Jabbar explained that "the final contract includes the preparation of a road map to clarify all the details of engineering, logistics, investment, economic and housing for the employees of this giant project, as well as the mechanism of financial recovery of the parties." 
    In a related context, the Director of the company to maintain the relative stability in the rate of export capacity of crude oil planned for the current month through the ports of Basra at 3 million and 400 thousand barrels per day, a rate of a reduction of 50 thousand barrels per day last And 450 thousand standard barrels per day according to the limitations of (OPEC). "
    He pointed out that there is no intention of the ministry to raise the declared export rate monthly until the end of this year in compliance with the decisions of the Organization of Petroleum Exporting Countries and OPEC countries to support the policy of equilibrium supply and market price of crude oil.


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    Establishment of the largest industrial island to export oil in the northern Gulf in Iraq Empty Construction of the largest industrial island for exporting oil in the northern Gulf

    Post by Rocky Wed 04 Sep 2019, 2:29 am

    Construction of the largest industrial island for exporting oil in the northern Gulf

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    Economy News - Baghdad
    Basra Oil Company announced that it will sign a memorandum of understanding with a Dutch company to prepare a roadmap for the construction of the largest industrial island for the export of crude oil in the offshore area in the northern Gulf.
    The company's general manager Ihsan Abdul Jabbar said in a statement carried by the official newspaper "morning" and seen by the "economic news", that "the company is expected to sign a memorandum of understanding with the Dutch company (Boss Kals) to develop a comprehensive joint map with all the technical details to build a larger An industrial island for the export of crude oil in the offshore area north of the Arabian Gulf, and is one of the largest industrial islands in the world.     
    He added, "The Ministry of Oil represented by the company will sign the consultative study contract, which will pave the country to enter into the projects of offshore oil industries in the future and maximize financial resources in the state's public budgets." A standard barrel with capacity to raise the joint export and treasury capacity of the project at a higher rate in the future to allow access to the target target by the ministry to provide the needs of the world market of crude oil.
    Abdul Jabbar said that "the final contract includes the preparation of a road map to clarify all the details of engineering, logistics, investment, economic and housing for employees of this giant project, as well as the mechanism of financial recovery of the parties."

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    Establishment of the largest industrial island to export oil in the northern Gulf in Iraq Empty Iraq establishes the largest industrial island to export oil in the northern Gulf

    Post by Rocky Wed 04 Sep 2019, 2:35 am

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    Iraq establishes the largest industrial island to export oil in the northern Gulf



     2019/09/03 23:38:41

    Basra Oil Company is expected to sign a memorandum of understanding with a Dutch company to prepare a roadmap for the construction of the largest industrial island for the export of crude oil in the northern Gulf region, while maintaining the daily export rate at 3 million and 400 thousand barrels in compliance with OPEC resolutions. And exporting countries from outside.  
    The company is expected to sign a memorandum of understanding (MoU) with the Dutch company Boss Kals to develop a joint comprehensive map with all technical details for the construction of the largest industrial island, the company's general manager Ihsan Abdul Jabbar said Wednesday. Exporting crude oil in the offshore area north of the Arabian Gulf, is one of the largest industrial islands in the world.     
    He pointed out that the Ministry of Oil represented by the company will sign a consultative study contract, which will pave the country to enter into the offshore oil industry projects in the future and maximize financial resources in the state's public budgets. With the capacity to raise the joint export and treasury capacity of the project at a higher rate in the future to allow access to the target figure by the ministry to provide the needs of the global market of crude oil.
    Abdul Jabbar explained that the final contract includes the preparation of a road map to clarify all the details of engineering, logistics, investment, economic and housing for the workers of this giant project, as well as the mechanism of financial recovery of the parties.
    In a related context, the Director of the company to maintain the relative stability in the rate of export capacity of crude oil planned for the current month through the ports of Basra at 3 million and 400 thousand standard barrels per day, recording a reduction of about 50,000 barrels per day from the rate of export last month, which was an average of 3 million And 450,000 barrels per day, according to the OPEC.  
    He pointed out that there is no intention of the ministry to raise the declared export rate achieved monthly until the end of this year in compliance with the decisions of the Organization of Petroleum Exporting Countries and OPEC countries to support the policy of supply and demand balance and the price of a barrel of crude oil in the global market.


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