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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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    What are the implications of Iraq 's oil supply to Egypt after a stop shipments Arabia?

    Rocky
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    What are the implications of Iraq 's oil supply to Egypt after a stop shipments Arabia? Empty What are the implications of Iraq 's oil supply to Egypt after a stop shipments Arabia?

    Post by Rocky Fri Jan 13, 2017 8:51 am

    [size=32]
    What are the implications of Iraq 's oil supply to Egypt after a stop shipments Arabia?[/size]
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     one hour ago



    Twilight News / said Iraq's ambassador to Egypt, Habib al-Sadr said the Iraqi and Egyptian governments signed an agreement to supply Egypt one million barrels of oil per month, and the agreement will come into force within a few days.
    He said al-Sadr in an interview with the state news agency MENA that the shipments, one of Basrah Light in southern Iraq, can be increased later and the terms of payment affordable.
    And Cairo and Baghdad signed the Convention in March / March of last year, and its provisions were discussed again during the visit of the Egyptian Minister of Petroleum, Tariq al-Mulla, Baghdad to the end of October / October of the same year.
    And I came to visit Mulla days after Egyptian Ministry of Petroleum halted supply Saudi Aramco to Egypt by about 700 thousand tons of petroleum products after, in the framework of a long-term agreement between Riyadh and Cairo, which is witnessing their relations strained for months against the backdrop of bilateral and regional issues.
    The agreement was signed between Cairo and Riyadh, include aid worth $ 23 billion, and Egypt provides for the supply of refined oil products by 700 thousand tons per month for a period of five years.
    At a time when the Egyptian official circles remained silent, Egyptian media people close to the Egyptian government launched a vicious attack on the Saudi oil shipments following the halt.
    Although relations between Saudi Arabia and Egypt is not in the best shape because of the different positions of the two countries over a number of issues such as the Syrian crisis and the role of Iran in the region, but the differences did not come out into the open and remained confined within the framework of skirmishes media between pens are calculated on the decision-making centers in the two countries.
    It does not appear that the dispute between the two countries is limited to the position of what is happening in Syria, where Tteward Alania about the presence of Egyptian officers in Syria and talk about the Syrian ambassador to Cairo, and coupled with the strengthening of relations between Egypt and Russia, the most important supporters of the regime in Syria, and the return of heat to relations with Iraq, in a clear separation of the position of the Gulf states, led by Saudi Arabia.
    The Gulf states have stood by Egyptian President Abdel Fattah al-Sisi after the overthrow of Egypt's President-elect Mahmoud Morsi, and provided huge financial assistance to Egypt, which suffers from economic conditions getting worse since the revolution of January 2011.
    But with the decline in oil prices to less than half during the past few years and entering the Gulf War in Yemen no longer easy for the Gulf States bear the burden of supporting the Egyptian economy, which does not seem to improve in the near future.
    The deal between Baghdad and Cairo is not the end, but observers say it is the beginning of the repositioning of Cairo at the center stands at the opposite extreme of the axis that belongs Saudi Arabia, along with Turkey and the rest of the Gulf countries in exchange for the other axis, which includes Iran, Iraq, Syria and Russia.



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