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خبير Oil expert: Iran produces oil within the territory of Iraq
The international oil expert, Hussein al-Rubaie, that all Iraqi oil fields were given to foreign companies in 2009 through the oil licensing services, noting that Iran is currently drilling within the Iraqi border oil wells.
"Since 1930, Iraq has drilled 1,500 oil wells, most of them in Basra, while the Sultanate of Oman has dug 2,600 wells in six years," Rubaie said during a session of the oil industry in Iraq set up by the Human Dialogue Foundation in London. "Between 1990 and 2005, Iraq has drilled nearly 250 wells, while Saudi Aramco is drilling 500-600 wells per year."
He pointed out that "when drilling three oil wells inside Iraq, including two oil, while in the world every ten wells dig in which one contains oil," asserting that "Iran is currently drilling within the Iraqi territory up to 3 km and is producing oil while international law confirms that the fields "If the proportion of Iraq 90% of the oil field joint, Iran should give 90% of its production to Iraq, as well as Iraq to give Iran 10% of its production," noting that "Iraq's reserves of oil is 242 billion barrels "He said.
The oil expert pointed out that "Iraq will not be able to sell more 5 million barrels per day during the next 20 years because it will affect the global market and lead to a fall in prices
الكهرباء Electricity opens a generating unit at a station in Basra after being rehabilitated by a Japanese company
The Electricity Committee of the Basra Provincial Council announced the launch of the fourth generation unit at the Haritha thermal station after being rehabilitated by a Japanese company financed by a Japanese loan, while confirming the imminent commencement of the rehabilitation of another unit in the same station.
The head of the committee, Majeeb al-Hassani, said in a press statement that "the Ministry of Electricity today inaugurated the fourth generation unit at the thermal station after the completion of the rehabilitation work, which lasted ten months, and was implemented by the company (Mitsubishi) Japanese funded by the Japanese loan facilitator of Iraq, Noting that "the unit was its production capacity before the rehabilitation does not exceed 120 megawatts, and currently has a production of 200 megawatts." Al-Hassani pointed out that "the operation of the unit and its connection to the national network helped stabilize the (voltages) and increase the hours of processing areas north of the province with electric power," noting that "the first obstetric unit in the same station is scheduled to see early 2018 direct rehabilitation, Electricity with the Japanese side held a contract in this regard. " The Chairman of the Electricity Committee in the provincial council that "
It is noteworthy that Basra has several power plants, the most old stations, and the new stations operate under design capacity because of the lack of fuel, and allowance to address these problems and build new stations The government in the past years spend hundreds of billions of dinars on the purchase of electricity from the private sector , A file hovering around the suspicions of corruption and large and many, and the repercussions of the resignation of former governor Majid Nasrawi, and the detention of the President of the provincial council Sabah al-Bezouni.
الع Links: Iraq is not threatened with bankruptcy
The governor of the Central Bank, Ali Ismail Al-Alaq, that Iraq is not threatened to bankrupt the high volume of debt compared to its domestic, pointing out that the size of debt in the international standard is relative to the ratio of gross domestic product and this ratio according to the capabilities of countries may reach 100 percent in some developed countries. He added: In Iraq and according to the international standard, the proportion so far within 60 percent of gross domestic product, adding: When analyzing the debt of Iraq, we find that 45 billion dollars of them back to pre-2003 and most of the Gulf countries, especially Saudi Arabia and these countries gave signals in On several occasions that it did not demand Iraq to pay until now, while some of these countries have noted their consent to settle, so when talking about public debt we must put about 45 billion in isolation because the debt in the worst case will be settled at the Paris Club and pay 10 percent Of the amounts, or perhaps their liquidation. Al-Alaq said in a press statement that the pessimistic analysis did not distinguish between the so-called abhorrent debts of the pre-2003 period, which should be subject to certain adjustments that have not been made so far. When we exclude these debts, we will see that we are still within the acceptable limits of international debt General, pointing out that the central bank has debts on the state up to 16 trillion dinars and the bulk of the domestic debt is under control and does not consume Iraq's budget or lead to bankruptcy, indicating the calculation of the ability of the country to bear debt through the annual installment required of it and not the total size Basis The volume may be fuzzy But it is required for a short period and may be large but for long periods and for us the benefits of external debt up to one billion dollars a year and this is affordable and the premiums of the entire domestic debt per year up to 5 trillion dinars and the repayment of external loan installments 400 million dollars a year rising in the coming years Abhorrent to the pre-2003, which must be subject to certain adjustments have not been made so far and when the exclusion of these debts we will see that we are still within the limits acceptable by international standards on the size of public debt, pointing out that the central bank has debts to the state by 16 trillion And the bulk of the debt is local and is under control and does not consume Iraq's budget or lead to bankruptcy, indicating that the country's ability to bear debt is calculated by the required annual installment and not the total size on a basic basis may be a small size but is required for a short period may be large size, For long periods for us fu The external debt is estimated at one billion dollars a year, which is enough for it and the average annual debt of the entire country is about 5 trillion dinars and the repayment of foreign loan installments is 400 million dollars a year that will rise in the coming years Abhorrent to the pre-2003, which must be subject to certain adjustments have not been made so far and when the exclusion of these debts we will see that we are still within the limits acceptable by international standards on the size of public debt, pointing out that the central bank has debts to the state by 16 trillion And the bulk of the debt is local and is under control and does not consume Iraq's budget or lead to bankruptcy, indicating that the country's ability to bear debt is calculated by the required annual installment and not the total size on a basic basis may be a small size but is required for a short period may be large size, For long periods for us fu The external debt is estimated at one billion dollars a year, which is enough for it and the average annual debt of the entire country is about 5 trillion dinars and the repayment of foreign loan installments is 400 million dollars a year that will rise in the coming years The debts will see that we are still within acceptable limits according to international standards on the size of public debt, pointing out that the central bank has debts on the state up to 16 trillion dinars and the bulk of the domestic debt is under control and does not consume Iraq's budget or lead to bankruptcy, The country may be able to bear the debt through the required annual installment and not the total size on a basic basis. It may be a small size, but it is required for a short period. The size may be large but for long periods. For us, the external debt is about one billion dollars a year. Trilly Nat dinars and pay premiums external loans $ 400 million annually rise in the coming years The debts will see that we are still within acceptable limits according to international standards on the size of public debt, pointing out that the central bank has debts on the state up to 16 trillion dinars and the bulk of the domestic debt is under control and does not consume Iraq's budget or lead to bankruptcy, The country may be able to bear the debt through the required annual installment and not the total size on a basic basis. It may be a small size, but it is required for a short period. The size may be large but for long periods. For us, the external debt is about one billion dollars a year. Trilly Nat dinars and pay premiums external loans $ 400 million annually rise in the coming years
The international oil expert, Hussein al-Rubaie, that all Iraqi oil fields were given to foreign companies in 2009 through the oil licensing services, noting that Iran is currently drilling within the Iraqi border oil wells.
"Since 1930, Iraq has drilled 1,500 oil wells, most of them in Basra, while the Sultanate of Oman has dug 2,600 wells in six years," Rubaie said during a session of the oil industry in Iraq set up by the Human Dialogue Foundation in London. "Between 1990 and 2005, Iraq has drilled nearly 250 wells, while Saudi Aramco is drilling 500-600 wells per year."
He pointed out that "when drilling three oil wells inside Iraq, including two oil, while in the world every ten wells dig in which one contains oil," asserting that "Iran is currently drilling within the Iraqi territory up to 3 km and is producing oil while international law confirms that the fields "If the proportion of Iraq 90% of the oil field joint, Iran should give 90% of its production to Iraq, as well as Iraq to give Iran 10% of its production," noting that "Iraq's reserves of oil is 242 billion barrels "He said.
The oil expert pointed out that "Iraq will not be able to sell more 5 million barrels per day during the next 20 years because it will affect the global market and lead to a fall in prices
الكهرباء Electricity opens a generating unit at a station in Basra after being rehabilitated by a Japanese company
The Electricity Committee of the Basra Provincial Council announced the launch of the fourth generation unit at the Haritha thermal station after being rehabilitated by a Japanese company financed by a Japanese loan, while confirming the imminent commencement of the rehabilitation of another unit in the same station.
The head of the committee, Majeeb al-Hassani, said in a press statement that "the Ministry of Electricity today inaugurated the fourth generation unit at the thermal station after the completion of the rehabilitation work, which lasted ten months, and was implemented by the company (Mitsubishi) Japanese funded by the Japanese loan facilitator of Iraq, Noting that "the unit was its production capacity before the rehabilitation does not exceed 120 megawatts, and currently has a production of 200 megawatts." Al-Hassani pointed out that "the operation of the unit and its connection to the national network helped stabilize the (voltages) and increase the hours of processing areas north of the province with electric power," noting that "the first obstetric unit in the same station is scheduled to see early 2018 direct rehabilitation, Electricity with the Japanese side held a contract in this regard. " The Chairman of the Electricity Committee in the provincial council that "
It is noteworthy that Basra has several power plants, the most old stations, and the new stations operate under design capacity because of the lack of fuel, and allowance to address these problems and build new stations The government in the past years spend hundreds of billions of dinars on the purchase of electricity from the private sector , A file hovering around the suspicions of corruption and large and many, and the repercussions of the resignation of former governor Majid Nasrawi, and the detention of the President of the provincial council Sabah al-Bezouni.
الع Links: Iraq is not threatened with bankruptcy
The governor of the Central Bank, Ali Ismail Al-Alaq, that Iraq is not threatened to bankrupt the high volume of debt compared to its domestic, pointing out that the size of debt in the international standard is relative to the ratio of gross domestic product and this ratio according to the capabilities of countries may reach 100 percent in some developed countries. He added: In Iraq and according to the international standard, the proportion so far within 60 percent of gross domestic product, adding: When analyzing the debt of Iraq, we find that 45 billion dollars of them back to pre-2003 and most of the Gulf countries, especially Saudi Arabia and these countries gave signals in On several occasions that it did not demand Iraq to pay until now, while some of these countries have noted their consent to settle, so when talking about public debt we must put about 45 billion in isolation because the debt in the worst case will be settled at the Paris Club and pay 10 percent Of the amounts, or perhaps their liquidation. Al-Alaq said in a press statement that the pessimistic analysis did not distinguish between the so-called abhorrent debts of the pre-2003 period, which should be subject to certain adjustments that have not been made so far. When we exclude these debts, we will see that we are still within the acceptable limits of international debt General, pointing out that the central bank has debts on the state up to 16 trillion dinars and the bulk of the domestic debt is under control and does not consume Iraq's budget or lead to bankruptcy, indicating the calculation of the ability of the country to bear debt through the annual installment required of it and not the total size Basis The volume may be fuzzy But it is required for a short period and may be large but for long periods and for us the benefits of external debt up to one billion dollars a year and this is affordable and the premiums of the entire domestic debt per year up to 5 trillion dinars and the repayment of external loan installments 400 million dollars a year rising in the coming years Abhorrent to the pre-2003, which must be subject to certain adjustments have not been made so far and when the exclusion of these debts we will see that we are still within the limits acceptable by international standards on the size of public debt, pointing out that the central bank has debts to the state by 16 trillion And the bulk of the debt is local and is under control and does not consume Iraq's budget or lead to bankruptcy, indicating that the country's ability to bear debt is calculated by the required annual installment and not the total size on a basic basis may be a small size but is required for a short period may be large size, For long periods for us fu The external debt is estimated at one billion dollars a year, which is enough for it and the average annual debt of the entire country is about 5 trillion dinars and the repayment of foreign loan installments is 400 million dollars a year that will rise in the coming years Abhorrent to the pre-2003, which must be subject to certain adjustments have not been made so far and when the exclusion of these debts we will see that we are still within the limits acceptable by international standards on the size of public debt, pointing out that the central bank has debts to the state by 16 trillion And the bulk of the debt is local and is under control and does not consume Iraq's budget or lead to bankruptcy, indicating that the country's ability to bear debt is calculated by the required annual installment and not the total size on a basic basis may be a small size but is required for a short period may be large size, For long periods for us fu The external debt is estimated at one billion dollars a year, which is enough for it and the average annual debt of the entire country is about 5 trillion dinars and the repayment of foreign loan installments is 400 million dollars a year that will rise in the coming years The debts will see that we are still within acceptable limits according to international standards on the size of public debt, pointing out that the central bank has debts on the state up to 16 trillion dinars and the bulk of the domestic debt is under control and does not consume Iraq's budget or lead to bankruptcy, The country may be able to bear the debt through the required annual installment and not the total size on a basic basis. It may be a small size, but it is required for a short period. The size may be large but for long periods. For us, the external debt is about one billion dollars a year. Trilly Nat dinars and pay premiums external loans $ 400 million annually rise in the coming years The debts will see that we are still within acceptable limits according to international standards on the size of public debt, pointing out that the central bank has debts on the state up to 16 trillion dinars and the bulk of the domestic debt is under control and does not consume Iraq's budget or lead to bankruptcy, The country may be able to bear the debt through the required annual installment and not the total size on a basic basis. It may be a small size, but it is required for a short period. The size may be large but for long periods. For us, the external debt is about one billion dollars a year. Trilly Nat dinars and pay premiums external loans $ 400 million annually rise in the coming years
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