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Neno's Place Established in 2006 as a Community of Reality


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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


    Iraq plans to produce oil from 9 border patches with Kuwait and Iran

    Rocky
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    • Post n°1

    Iraq plans to produce oil from 9 border patches with Kuwait and Iran Empty Iraq plans to produce oil from 9 border patches with Kuwait and Iran

    Post by Rocky Sun Nov 26, 2017 8:54 am

    [ltr]Iraq plans to produce oil from 9 border patches with Kuwait and Iran[/ltr]

     Since 2017-11-26 at 13:24 (Baghdad time)
    [ltr][You must be registered and logged in to see this image.][/ltr]
    [ltr]Baghdad Mawazine News[/ltr]
    [ltr]Oil Minister Jabbar al-Allaibi announced on Sunday that a promotional media conference will be held on Monday to invite international companies to invest in and contribute to the exploration, development and production of nine hydro-hydrocarbon borders, one of them in regional waters.[/ltr]
    [ltr]"The ministry aims at maximizing oil and gas production and reserves by optimizing the national wealth in cooperation with international companies in the development and production of these border patches with Kuwait and Iran," Jabbar Ali al-Allaibi said in a statement.[/ltr]
    [ltr]"The ministry will announce the names of these patches in the provinces of Basra, Maysan, Muthanna, Wasit and Diyala, and one in the territorial waters in southern Iraq."[/ltr]
    [ltr]The statement did not say whether these contracts are a new round of licenses, but pointed to their nature, noting that "these contracts differ from the previous licensing rounds, and the Ministry will adopt new models in agreement with companies wishing to invest as required by the national interest in the development of oil and gas industry in the country , And to ensure the financial revenues fed the federal budget and contribute to the development and promotion of economic growth.[/ltr]
    [ltr]The oil ministry announced on Sunday that Iraq intends to build a new pipeline will transfer oil from Kirkuk fields to the Turkish port of Ceyhan.[/ltr]
    [ltr]The new pipeline will replace an old and damaged section of the Kirkuk-Ceyhan pipeline. The new line will start from Baiji city and extend to the border area of ​​Fishkhabur border crossing with Turkey[/ltr]


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    Rocky
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    • Post n°2

    Iraq plans to produce oil from 9 border patches with Kuwait and Iran Empty Oil calls on international companies to explore, develop and produce new border patches

    Post by Rocky Sun Nov 26, 2017 9:00 am

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    Oil calls on international companies to explore, develop and produce new border patches

    Al-Nour News / Baghdad 
    The Ministry of Oil has called on international companies to explore, develop and produce new border patches with Iran and Kuwait, asserting that their contracts differ from the contracts of previous licensing rounds.
    "A media conference will be held tomorrow and aims to invite international companies to invest in and contribute to the exploration, development and production of nine border patches of hydrocarbon formations, one of which is in the territorial waters," Oil Minister Jabbar al-Allaibi said in a statement received by Al Nour News.
    He explained that "the Ministry of Oil aims through this round to maximize production and reserves of oil and gas through the optimal investment of national wealth in cooperation with international companies in the development and production of these border patches with Kuwait and Iran," pointing out that "the ministry will announce the names of these patches in each From the provinces of Basra, Maysan, Muthanna, Wasit, Diyala and one in the territorial waters of southern Iraq. "
    "These contracts are different from the contracts of previous licensing rounds, and will adopt new models in agreement with companies wishing to invest in accordance with the requirements of the national interest in the development of the oil and gas industry in the country and to ensure financial revenues to provide the federal budget and contribute to the development and promotion of economic growth.
    It is noteworthy that there are 24 oil fields in Iraq shared with Iran, Kuwait and Syria, including 15 productive fields and the other untapped, and highlighted the fields "Safwan, Rumaila and Zubayr" with Kuwait, and "Majnoon, Abu Gharb, Bazarkan, Fekh and Khana oil" with Iran.
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