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


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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Oil: the development of fields in the center and south of the state did not cost any expenses or fin

    Rocky
    Rocky
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    • Post n°1

    Oil: the development of fields in the center and south of the state did not cost any expenses or fin Empty Oil: the development of fields in the center and south of the state did not cost any expenses or fin

    Post by Rocky Sun 30 Oct 2016, 3:11 am

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    Oil: the development of fields in the center and south of the state did not cost any expenses or financial obligations of the present and future


     Baghdad / term 

    The Ministry of Oil, on Saturday, a clarification on the development of oil fields within the plans designed to optimize the investment of oil and gas wealth in the central and southern Iraq, while confirming encourage local and foreign investment in order to enhance oil and gas industry in the country. The 
    ministry said in a statement received "long", a copy of which, " the ministry aims to sustain and promote national production of crude oil and an increase associated gas invest in oil operations stability , " indicating that "despite the financial and economic challenges in the country, the ministry has resumed work through national effort and supports this effort with all Energy". She added, "it was assigned to the two companies Aloutnettin SOC and Missan Oil Co. to develop 10 oil fields in the provinces of Basra , Dhi Qar, Maysan , " pointing out that " the ministry recently invited international companies to participate in the development and investment of 12 oil fields are described and classified as moderate and small they are distributed provinces ofBasra four fields, and Maysan 5 fields, and the Middle Euphrates three fields. " 
    ministry said it" seeks, through its ambitious plans to fight a new experience with oil contracts are being agreed upon with interested investment and development in the oil fields of international companies after receiving offers of these companies and the nature of the contracts you want by entering into or proposed bythe ministry. " 
    stipulated in these contracts that they should be" the state does not cost any expenses or financial obligations which may pose a significant burden on the federal treasury of present and future ", saying it" is committed toproviding the necessary work of these companies facilities taking into account the achieved profitability commensurate with the development plans in accordance with the contracts entered formula. " the 
    ministry said it" will announce the nature and wording of contracts with these companies after the completion of contractual procedures and obtaining the necessary approvals in accordance with the laws and regulations in force , "pointing out that" in the event of failure to reach agreement with these global companies, national oil companies will be the task of development as well as development of oil fields in charge previously. " 
    She stressed the ministry, keen to" expand Activity national effort in accordance with the available resources in the development of oil and gas fields in the liquidation and extraction sectors and in the implementation of the upgrade of infrastructure projects, to give it a major role of the national effort and the participation in profitability and contribute to the development and creation of the quality of the boom. " 
    the Ministry of oil has long, to conclude oil contracts to achieve its objectives to develop these fields inaccordance with the principle of direct bilateral negotiations between the ministry and invested companies after the agreement on the terms and conditions of contracts which requires these companies to provide funding and expertise and modern technology, equipment, vehicles, machinery and other services.
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