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money and business
Iran's exports to Iraq reached 3 billion dollars in 6 months
Translated by Hamed Ahmed
Iranian trade attache at the Iranian Embassy in Baghdad, Nasser Bahzad, revealed during his remarks yesterday the arrival of the value of Iranian exports of non-oil goods to Iraq during the first six months of the current Iranian year, which began In March 21 to more than 3 billion dollars, noting that Iraq is the second largest importer of Iranian goods.
In the first four months of the current Iranian year, Iraqis imported two billion dollars worth of Iranian goods to become the second largest importer of Iranian products in the region, Bahzad said, confirming an 8 percent increase in exports compared to the same period last year. Exports focused on shipments of goods from Agricultural products, mechanical machines and equipment, electrical appliances as well as medical and pharmaceutical supplies.
Other exports of Iranian products to the Iraqi market, according to Behzad, included pasta and dairy products as well as petrochemicals and industrial oils.
In reference to the Baghdad International Fair, which is expected to be held in early October, Iranian Trade Attaché Behzad said that this event is a good opportunity to introduce Iranian companies and products. He pointed out that Iranian company managers can negotiate with their Iraqi counterparts As well as managers of companies from other foreign countries participating in the exhibition, such as Germany, the United States, Korea, Qatar, France and other countries, pointing out that Iran will have a distinguished presence during this event.
"Iraq imports about 30 billion dollars a year from goods from around the world. Iran's share of these exported goods is around 24 percent, which makes Iraq the third largest importer of Iranian goods after China and Turkey," Behzad said.
About the news agency MEHR News
"" Gazprom oil "estimates the reserves of the complex of Crimean in Kurdistan by eight million tons
The Chief Executive Officer of" Gazprom Middle East "Sergei Petrov," Gazprom Petroleum "currently estimated, recoverable oil reserves at the complex in Iraqi Kurdistan Kurdistan eight But continues to work on further evaluation.
"There are about 8 million tons of recoverable oil reserves," Petrov said in an interview with the magazine Naftikompas.
Petrov noted that it is very difficult to draw conclusions from the data of one well, but added that Gazprom Oil expects daily production, in 2017, from the field of Sergla at 7.631 thousand barrels per day. The company expects throughout the Garmian complex increased production, from 2019 to 2022, up to 1 million tons per year.
Petrov explained that the company is digitizing the gas reserves in the complex, which is necessary to assess the feasibility of building the gas infrastructure.
Oil is considering investment offers to international companies in the field of gas
The Ministry of Oil announced that it is considering investment offers to international companies in the field of gas, noting that it seeks to stop the burning of gas in mid-2021.
The Minister of Oil Jabbar al-Allaibi during a meeting with the Special Representative of the World Bank mission in Iraq, according to a statement of the ministry received (range) a copy of it, "There are several companies have made their bids in the field of gas investment and that these proposals under study and research by the ministry, "Among the plans of the ministry is the establishment of four gas plants in the southern provinces."
He added that "the ministry is working according to plans and projects strategy to stop the burning of gas associated with the production processes and has achieved significant achievements in this regard as it seeks to reach a final halt to the burning of gas in mid-2021 and turn it into a useful energy to supply power plants and petrochemical plants and other industries and invest surplus in Achieving financial revenues through their export to international markets. "
According to preliminary estimates of the Ministry of Oil that Iraq has a reserve estimated at 132 trillion cubic feet of gas, and since about 70% of Iraqi gas is a gas associated with the extraction of oil, nearly 700 million cubic feet of it was burning and waste because of the lack of infrastructure to address, Iraq ranks eleventh among the countries of the world rich in natural gas after Russia, Iran, Qatar, Saudi Arabia, UAE, America, Nigeria, Venezuela and Algeria.
Translated by Hamed Ahmed
Iranian trade attache at the Iranian Embassy in Baghdad, Nasser Bahzad, revealed during his remarks yesterday the arrival of the value of Iranian exports of non-oil goods to Iraq during the first six months of the current Iranian year, which began In March 21 to more than 3 billion dollars, noting that Iraq is the second largest importer of Iranian goods.
In the first four months of the current Iranian year, Iraqis imported two billion dollars worth of Iranian goods to become the second largest importer of Iranian products in the region, Bahzad said, confirming an 8 percent increase in exports compared to the same period last year. Exports focused on shipments of goods from Agricultural products, mechanical machines and equipment, electrical appliances as well as medical and pharmaceutical supplies.
Other exports of Iranian products to the Iraqi market, according to Behzad, included pasta and dairy products as well as petrochemicals and industrial oils.
In reference to the Baghdad International Fair, which is expected to be held in early October, Iranian Trade Attaché Behzad said that this event is a good opportunity to introduce Iranian companies and products. He pointed out that Iranian company managers can negotiate with their Iraqi counterparts As well as managers of companies from other foreign countries participating in the exhibition, such as Germany, the United States, Korea, Qatar, France and other countries, pointing out that Iran will have a distinguished presence during this event.
"Iraq imports about 30 billion dollars a year from goods from around the world. Iran's share of these exported goods is around 24 percent, which makes Iraq the third largest importer of Iranian goods after China and Turkey," Behzad said.
About the news agency MEHR News
"" Gazprom oil "estimates the reserves of the complex of Crimean in Kurdistan by eight million tons
The Chief Executive Officer of" Gazprom Middle East "Sergei Petrov," Gazprom Petroleum "currently estimated, recoverable oil reserves at the complex in Iraqi Kurdistan Kurdistan eight But continues to work on further evaluation.
"There are about 8 million tons of recoverable oil reserves," Petrov said in an interview with the magazine Naftikompas.
Petrov noted that it is very difficult to draw conclusions from the data of one well, but added that Gazprom Oil expects daily production, in 2017, from the field of Sergla at 7.631 thousand barrels per day. The company expects throughout the Garmian complex increased production, from 2019 to 2022, up to 1 million tons per year.
Petrov explained that the company is digitizing the gas reserves in the complex, which is necessary to assess the feasibility of building the gas infrastructure.
Oil is considering investment offers to international companies in the field of gas
The Ministry of Oil announced that it is considering investment offers to international companies in the field of gas, noting that it seeks to stop the burning of gas in mid-2021.
The Minister of Oil Jabbar al-Allaibi during a meeting with the Special Representative of the World Bank mission in Iraq, according to a statement of the ministry received (range) a copy of it, "There are several companies have made their bids in the field of gas investment and that these proposals under study and research by the ministry, "Among the plans of the ministry is the establishment of four gas plants in the southern provinces."
He added that "the ministry is working according to plans and projects strategy to stop the burning of gas associated with the production processes and has achieved significant achievements in this regard as it seeks to reach a final halt to the burning of gas in mid-2021 and turn it into a useful energy to supply power plants and petrochemical plants and other industries and invest surplus in Achieving financial revenues through their export to international markets. "
According to preliminary estimates of the Ministry of Oil that Iraq has a reserve estimated at 132 trillion cubic feet of gas, and since about 70% of Iraqi gas is a gas associated with the extraction of oil, nearly 700 million cubic feet of it was burning and waste because of the lack of infrastructure to address, Iraq ranks eleventh among the countries of the world rich in natural gas after Russia, Iran, Qatar, Saudi Arabia, UAE, America, Nigeria, Venezuela and Algeria.
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