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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


    URGENT Egypt denies abandoning the oil deal with Iraq and confirms commitment to the contract

    Rocky
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    URGENT Egypt denies abandoning the oil deal with Iraq and confirms commitment to the contract Empty URGENT Egypt denies abandoning the oil deal with Iraq and confirms commitment to the contract

    Post by Rocky Thu 06 Apr 2017, 3:47 am

    URGENT Egypt denies abandoning the oil deal with Iraq and confirms commitment to the contract


    Release date: 2017/4/6
    [Where - Continue]
    Egyptian Minister of Petroleum and Mineral Resources Tariq Al-Mulla stressed that there are no obstacles hindering the agreement with the Iraqi side to supply one million barrels of crude per month and that the negotiations are in place and the contract will be signed soon.
    The Egyptian oil minister said in a statement on Thursday that "he met with Habib al-Sadr, the Iraqi ambassador in Cairo yesterday and discussed the latest developments regarding the signing of the contract."
    Mulla stressed the importance of strategic cooperation between the two brotherly countries, which aims to increase the fields of joint cooperation and exchange of experiences in various petroleum industries, including research and exploration, oil and natural gas production, development and maintenance of infrastructure, construction of pipelines and networks of transport of crude oil, petroleum products and natural gas. And rehabilitation of human cadres in the petroleum industry.
    The Egyptian newspaper Al-Maal quoted unnamed government sources Thursday as saying that Egypt had decided not to complete a deal to import 1 million barrels of crude oil from Iraq per month due to a lack of agreement on the grace period and the resumption of Saudi Aramco's supply of petroleum products.
    Egypt agreed with Iraq last February to import 1 million barrels of crude oil per month for one year from March 1 initially, but the agreement did not sign and did not arrive any shipments of Iraqi oil to Egypt last month.
    "Egypt has asked Iraq to give it a year to pay the price of Basra crude, but Iraq has only agreed to 90 days, something that has not been accepted by the government," the source said.
    Saudi Aramco, the world's largest oil company, returned to supply Egypt with about 700,000 tons of oil a month at the end of March after it stopped in October for a political row between the two countries over the Syrian crisis.
    Egyptian Oil Minister Tariq al-Mulla told Reuters in March that "the agreement to import oil from Iraq will remain and was not a substitute for the suspension of shipments of Aramco."

    https://translate.google.com/translate?depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=auto&tl=en&u=http://www.alliraqnews.com/modules/news/article.php%3Fstorytopic%3D41%26storyid%3D21752
    Rocky
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    URGENT Egypt denies abandoning the oil deal with Iraq and confirms commitment to the contract Empty Newspaper: Egypt to abandon its oil agreement with Iraq

    Post by Rocky Thu 06 Apr 2017, 3:48 am

    Newspaper: Egypt to abandon its oil agreement with Iraq


    Editorial date: 2017/4/6 


    Egypt has decided not to complete a deal to import 1 million barrels of crude oil from Iraq per month due to a lack of agreement on the grace period, as well as resumption of Saudi Aramco's supply of petroleum products, Al-Mal newspaper reported on Thursday.
    Egypt agreed with Iraq last February to import 1 million barrels of crude oil per month for one year from March 1 initially, but the agreement did not sign and did not arrive any shipments of Iraqi oil to Egypt last month.
    "Egypt has asked Iraq to give it a year to pay the price of Basra crude, but Iraq has only agreed to 90 days, something that has not been accepted by the government," the source said.
    Saudi Aramco, the world's largest oil company, returned to supply Egypt with about 700,000 tons of oil a month at the end of March after it stopped in October for a political row between the two countries over the Syrian crisis.
    Egyptian Oil Minister Tariq al-Mulla told Reuters in March that "the agreement to import oil from Iraq will remain and was not a substitute for the suspension of shipments of Aramco."


    https://translate.google.com/translate?depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=auto&tl=en&u=http://www.alliraqnews.com/modules/news/article.php%3Fstorytopic%3D41%26storyid%3D21752

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