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الكويت Kuwait agrees with Iraq on the import of natural gas
Kuwait's oil minister, Essam al-Marzouq, announced the agreement with Iraq to import 50 million cubic feet per day of natural gas as a first stage, among Iraqi Oil Minister Jabbar al-Luaibi, the date of signing the contract is linked to some logistical matters and prices , While the oil announced the arrival of production capacity of Kirkuk refinery to 56 thousand barrels per day.
"The agreement with Iraq to import 50 million cubic feet per day of natural gas as a first stage," Al-Marzouq said in remarks carried by Kuwait News Agency (KUNA) that "the Iraqi side promised to increase these quantities later to reach 200 million cubic feet per day , And that the agreement between the two sides went for 10 years. "
Al-Marzouq added that Kuwait is in the final stages of adopting the prices of imported gas from Iraq, noting that "importation will not be immediate, but there will be arrangements to build a new pipeline and build gas purification facilities before entering Kuwait."
He added Allaibi that "a delegation from the Iraqi Oil Ministry will visit Kuwait next week, to finalize," noting that "the date of signing will be linked to some logistical matters and prices."
The statements were made by Iraqi and Kuwaiti ministers on the sidelines of the 99th meeting of the Council of Ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC), which is being hosted by Kuwait.
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money and business
العراقي Iraqi Trade receives facilities from the German Export Support Corporation
TBI announced on Monday that it has obtained facilities from the German Export Support Corporation. The Director General of the Iraqi Trade Bank (TBI) Faisal Al-Hims said in a statement received by Al-Mada, "The bank has been able to obtain credit facilities from the Euler Hermez Foundation, which supports German exports," noting that "these facilities will enable public and private sector institutions to purchase materials manufactured in the Federal Republic of Germany by the guarantees of the German Export Support Corporation." He added that " To provide all that I have Support the Iraqi foreign trade to the public and private sectors, and provide services in a distinctive manner, "pointing out that" the bank's credibility, credibility and transparency, which deal with the Bank's members, always lead to positive results and a qualitative leap. "
TBI announced on Monday that it has obtained facilities from the German Export Support Corporation. The Director General of the Iraqi Trade Bank (TBI) Faisal Al-Hims said in a statement received by Al-Mada, "The bank has been able to obtain credit facilities from the Euler Hermez Foundation, which supports German exports," noting that "these facilities will enable public and private sector institutions to purchase materials manufactured in the Federal Republic of Germany by the guarantees of the German Export Support Corporation." He added that " To provide all that I have Support the Iraqi foreign trade to the public and private sectors, and provide services in a distinctive manner, "pointing out that" the bank's credibility, credibility and transparency, which deal with the Bank's members, always lead to positive results and a qualitative leap. "
الكويت Kuwait agrees with Iraq on the import of natural gas
Kuwait's oil minister, Essam al-Marzouq, announced the agreement with Iraq to import 50 million cubic feet per day of natural gas as a first stage, among Iraqi Oil Minister Jabbar al-Luaibi, the date of signing the contract is linked to some logistical matters and prices , While the oil announced the arrival of production capacity of Kirkuk refinery to 56 thousand barrels per day.
"The agreement with Iraq to import 50 million cubic feet per day of natural gas as a first stage," Al-Marzouq said in remarks carried by Kuwait News Agency (KUNA) that "the Iraqi side promised to increase these quantities later to reach 200 million cubic feet per day , And that the agreement between the two sides went for 10 years. "
Al-Marzouq added that Kuwait is in the final stages of adopting the prices of imported gas from Iraq, noting that "importation will not be immediate, but there will be arrangements to build a new pipeline and build gas purification facilities before entering Kuwait."
He added Allaibi that "a delegation from the Iraqi Oil Ministry will visit Kuwait next week, to finalize," noting that "the date of signing will be linked to some logistical matters and prices."
The statements were made by Iraqi and Kuwaiti ministers on the sidelines of the 99th meeting of the Council of Ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC), which is being hosted by Kuwait.
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