Home
Laibi: We seek to reach the oil reserves to 170 billion barrels in two years Thursday 2 March 2017
[You must be registered and logged in to see this image.]
[You must be registered and logged in to see this image.]
Oil Minister Ali Jabbar Hussein Allaibi on Thursday that Iraq is seeking to reach the oil reserves to 170 billion during the next two years, calling for investment of Korean companies in the oil infrastructure projects and construction of oil tankers.
Allaibi said during a meeting with the Minister of Transport and structures Korean greeting Huyen Kalou that 'Iraq is seeking to increase the firm 's oil reserves to 170 billion barrels during the next two years', adding that' Iraq was able to add the amount of 10 billion barrels of oil reserves , which led to higher reserves for 153 billion barrels after it was 143 billion barrels. "
He Allaibi that ' the ministry plans to intensify its efforts to increase oil and gas reserves by drilling more wells and geological surveys through seismic difference which proved that there are huge amounts of oil and gas reserves , which would make Iraq summit countries with large reserves', noting that' Iraq gas reserves estimated at 30 billion standard cubic feet (Mqmq) '.
He called Allaibi 'Korean companies to invest in oil infrastructure projects and create partnerships in the construction of oil ships in the area of drilling and engineering equipment to take advantage of expertise in the engineering sector and in liquidation', stressing ' that Iraq sought to build a fleet of oil tankers. "
For his part, Minister of Transport and Infrastructure Korean Huyen Kalou ministry that ' the Korean companies are willing to increase cooperation with Iraq in all fields, including the creation of a fleet of oil tankers', pointing out that the ' present in Iraq Korean companies operating in all sectors. "
The Oil Ministry announced on 19 February that the exploratory activities and reservoir in seven oil fields in central and southern Iraq have contributed to add the amount of 10 billion barrels of oil reserves, which led to a rise in the reserve to 153 billion barrels after it was 143 billion barrels.
And announced that the Iraqi Oil Ministry, on April 25, 2012, for the start of the fourth licensing round for 12 exploration blocks in different parts of Iraq, stressing that the aim of this round strengthen Iraq 's oil reserves.
Allaibi said during a meeting with the Minister of Transport and structures Korean greeting Huyen Kalou that 'Iraq is seeking to increase the firm 's oil reserves to 170 billion barrels during the next two years', adding that' Iraq was able to add the amount of 10 billion barrels of oil reserves , which led to higher reserves for 153 billion barrels after it was 143 billion barrels. "
He Allaibi that ' the ministry plans to intensify its efforts to increase oil and gas reserves by drilling more wells and geological surveys through seismic difference which proved that there are huge amounts of oil and gas reserves , which would make Iraq summit countries with large reserves', noting that' Iraq gas reserves estimated at 30 billion standard cubic feet (Mqmq) '.
He called Allaibi 'Korean companies to invest in oil infrastructure projects and create partnerships in the construction of oil ships in the area of drilling and engineering equipment to take advantage of expertise in the engineering sector and in liquidation', stressing ' that Iraq sought to build a fleet of oil tankers. "
For his part, Minister of Transport and Infrastructure Korean Huyen Kalou ministry that ' the Korean companies are willing to increase cooperation with Iraq in all fields, including the creation of a fleet of oil tankers', pointing out that the ' present in Iraq Korean companies operating in all sectors. "
The Oil Ministry announced on 19 February that the exploratory activities and reservoir in seven oil fields in central and southern Iraq have contributed to add the amount of 10 billion barrels of oil reserves, which led to a rise in the reserve to 153 billion barrels after it was 143 billion barrels.
And announced that the Iraqi Oil Ministry, on April 25, 2012, for the start of the fourth licensing round for 12 exploration blocks in different parts of Iraq, stressing that the aim of this round strengthen Iraq 's oil reserves.
[You must be registered and logged in to see this link.]
» Extensive bilateral talks between the President of the Republic and the Iranian President
» Meeting between Al-Sawad and Baker Hughes USA to develop oil and gas in Iraq
» A "secret" agreement to continue Mandalawi... no new parliament speaker
» Iraqi Oil holds expanded meeting with ALEXANDROS JV in the United States
» The Council of Ministers approves a mechanism for appointing graduates of medical and health college
» Coordination Framework: We discussed the “wiretapping network” file and we still support Al-Sudani’s
» Communications: We are an executive body and orders to block websites are issued by the competent au
» Reintroducing the monthly pricing system for generators.. Baghdad Council reveals pressures to “thwa
» Sudani's financial advisor: Iraq will face a financial crisis in 2025
» The Grand Political Deal... General Amnesty is Conditional on Amending the Personal Status Law!
» Trade announces completion of final forms of joint memoranda of understanding between Iraq and Iran
» Dollar prices stabilize at 151 thousand Iraqi dinars
» Cabinet session decisions include Sunday holiday
» Baghdad and Tehran prepare to sign security memoranda and discuss important economic projects
» Ministerial Council for Economy.. Differing opinions on the region’s commitment to the outcomes
» Find out the dollar exchange rates in the Iraqi stock exchanges
» More than 500 violators tried and about 3,000 projects closed.. Iraq fires decreased by 55% in 2024
» Iranian Parliamentary National Security Committee: Pezeshkian's visit to Iraq aims to "remove border
» Winners and losers from the fluctuation of the dollar exchange rate against the dinar in Iraq
» US Sanctions Iran for Providing Hundreds of Missiles to Russia
» Even CNN's Erin Burnett shocked by unearthed evidence of Kamala Harris' radicalism: 'She supports th
» Potential for Abuse’: Kamala’s Debate Prep With Lead Google Attorney Sets Off Alarm Bells
» utube 9/9/24 MM&C Iraq Dinar-Central Bank-#Iraqidinar #exchangerate #iraqidinarexchangerate Baghda
» ͏MM&C 9/924 The parallel market will be upended.. Sources: Expected decisions from the Central B
» utube 9/10/24 MM&C IQD Update-Iraq Dinar-#iraqidinar-#xrpIraq Reconciling-Unif
» Iraq's "King of the Dollar" to the forefront and money smuggling under the American microscope
» Dollar crisis: Changing exchange rates will create “huge problems” and smuggling is led by a “deep s
» The government is looking for taxes but cannot find any.. Iraq will face financial pressure in 2025
» Parliamentary Finance: Electronic payment achieved 7 gains and prevented the smuggling of money outs
» Baghdad and Erbil agree on several points regarding taxes, customs and salaries
» Are the amendments to the Anti-Narcotics Law enough to curb the phenomenon?
» Call to Break the Silence on Corruption: Separation of Powers and Promoting Human Rights
» Parliamentary committee intends to submit its report on the government evaluation next week
» Al-Sudani's government faces a difficult test: Falling oil prices threaten to cut salaries
» Iraqi state banks account for 88% of banking sector investments
» Iraq's financial revenues exceed 77 trillion dinars in 7 months of 2024
» Iraq: We closed 77 headquarters of the Iranian Kurdish opposition and handed over their weapons to t
» "Currency Auction" .. Central Bank of Iraq's sales rise to more than $ 258 million
» Investment Authority: Iraq’s entry into the New York and Singapore agreements achieves its transitio
» Special for the Development Road.. Transportation: A ministerial meeting in Baghdad includes Iraq an
» Minister of Electricity: Combined cycle projects will save the state $3 billion annually
» The Gulf Cooperation Council confirms the continuation of the electrical interconnection project wit
» Government stresses the importance of following up on the collection of electricity consumption fees
» Dana Gas: Pearl Petroleum sues Khor Mor field contractor for cost recovery
» Chairman of the Integrity Commission: Iraq advances four ranks in the classification of the most cor
» Rafidain Bank identifies three advantages of electronic payment systems
» The Iraqi Economic Observatory reveals the volume of Iraq's exports during the past month of August
» During 2023.. Cryptocurrency fraud and scams increase by 45%
» Iraq expects financial crisis in 2025 as oil prices fall
» A source in the Iranian presidency reveals to “Al-Sabah” the agenda of Pezeshkian’s visit to Iraq
» Residential lands for educators in developed and serviced areas
» Government prepares to launch first digital knowledge platform
» Masrour Barzani discusses joint cooperation with the Governor of the Central Bank
» The Communications and Media Commission is looking into settling debts and fines owed by Korek Telec
» Pentagon: We continue security cooperation talks with Iraq
» Transparency International: We appreciate the Iraqi government's measures to combat corruption
» The Companies Registration Department issues a notice to its auditors
» US court orders Iraqi ports to pay $120 million to Cypriot company
» Parliamentary Security Committee proposes two options to end the "Turkish incursion" and a proposal
» Parliamentary letter to the US Embassy regarding personal status amendments: Do not interfere, "Your
» Defense and Foreign Ministry issue humanitarian appeal regarding remains of missing Kuwaitis
» Results of the meeting of the Ministerial Council for Economy in Erbil
» Economist blames central bank for dollar's rise: Confused decisions
» Kurdish proposal to end the "crisis" of Kurdistan employees' salaries initially
» Ministerial reshuffle: “non-serious” talk dependent on “appeasement”
» Labor completes procedures for launching the 43rd batch of soft loans
» The Collapse Has Begun... 8 Revelations About the Truth About Iraq's Economy
» Coordination Framework: We strongly support the government and Al-Sudani, and his success is our suc
» Parliamentarian: The Parliamentary Evaluation Committee completed its report and determined who dese
» Barzani to US Ambassador: Erbil-Baghdad talks are going very positively
» Integrity: 5 severe prison sentences issued to the director of a government bank in Diyala
» Conflicts over ending the international coalition’s missions in Iraq.. Will Washington’s forces with
» Civil Status suspends electronic reservation system to obtain national card
» Minister of Electricity stresses the importance of following up on the collection of consumption fee
» Including stores, shops, pharmacies, clinics and all civil activities in electronic payment
» Has the Kurdistan Regional Government agreed with Baghdad on the distribution of salaries?
» President of the Federal Court: Iraq has made very big strides in the field of building democracy an
» President of the Federal Court: Iraq has made very big strides in the field of building democracy an
» The President of the Supreme Judicial Council receives the international investigation team UNITAD
» 7 real gains achieved after the entry into force of electronic payment
» Hours and he will land in Baghdad.. What files does Pezeshkian carry on his first foreign visit as p
» At the top of which are economic projects in Basra.. Iranian ambassador reveals the agenda of Pezesh
» The rise in the dollar exchange rate in Iraq.. This is the list
» After the recent agreements... Is America serious about ending the military presence in Iraq?
» Failure to install meters.. Baghdad Council restores the monthly pricing system for generators
» Integrity Commission calls on Transparency International to open a branch in Iraq
» 30 years of rule and influence.. The arrest of the Governor of the Central Bank of Lebanon is a “ser
» utube 9/7/24 MM&C Iraq Dinar-#Iraqidinar-#XRP-Open MarkOperations-OMO-Currenc
» Expected Amendment: Framework Divided Over Future of Election Law
» Iraq Deports UNITAD: The Hidden Conflict Between Justice and Politics
» MP accuses foreign companies of polluting water and environment in Basra
» Leader in the framework: American attempts to obstruct the amendment of the Personal Status Law
» MP demands public trial for those accused of stealing the century
» Kirkuk: Vegetable and fruit traders complain about high prices due to Mosul and Khanaqin taxes
» The judiciary suspends 7 guarantors for the accused Nour Zuhair and Haitham Al-Jubouri and sets a ne
» We are heading towards financial fragility.. How did the new appointments affect the budget?
» Parliamentary Finance Committee reveals its efforts to increase non-oil revenues and activate collec
» Barzani to Al-Alaq: The number of registered individuals in the “My Account” banking project has exc