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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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    The Minister of Oil announces an increase in oil revenues in support of the financial budget

    Rocky
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    BUDGET - The Minister of Oil announces an increase in oil revenues in support of the financial budget Empty The Minister of Oil announces an increase in oil revenues in support of the financial budget

    Post by Rocky Tue 07 Nov 2023, 9:32 am

    The Minister of Oil announces an increase in oil revenues in support of the financial budget
    • Time: 11/07/2023 17:27:44
       
    • Read: 546 times

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    {Local: Al-Furat News} Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayyan Abdul-Ghani, affirmed the keenness of the government and the ministry to advance the oil industry, work to increase oil and gas production, and the financial revenues achieved by supporting oil and gas field development projects and increasing export capacities.
    A useful summary of important news can be found on the Al-Furat News channel on Telegram. [You must be registered and logged in to see this link.]
    Abdel Ghani said during his hosting of the Seventh Ambassadors Conference that: “The government program emphasized the importance of investing in associated and free gas to enhance national production to support the energy sector,” indicating “support for oil and gas field development projects through the announcement of the fifth (supplement) and sixth licensing round.”
    He added, "The set of contracts for the Integrated South Project with Total Energy Company is an important addition to the oil and gas industry, infrastructure and renewable energy, and to support projects to increase export capacities from the South outlet."
    Abdul Ghani continued, "An increase in the rate of oil exports from the southern fields was achieved by adding an amount of 350 thousand barrels per day, and the rehabilitation of the Al-Amaya port in the south to add an amount of 500 thousand barrels as export capacity."
    He pointed out, "Activating the contract for the project to add a new single buoy with the aim of adding 900,000 barrels of new export capacity from the southern port. An increase in oil revenues was also achieved in support of the financial budget, and we also achieved an increase in increasing refining capacities."
    Abdel Fanni stated, "Activating Iraq's role in OPEC Plus, working with producing countries to stabilize global markets, and working to enhance and increase the horizons of cooperation with neighboring countries, the region, and the world."
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