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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


+2
Proven
Rocky
6 posters

    Al-Allaibi directed to reduce the import of oil derivatives by 25%

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 280812
    Join date : 2012-12-21
    • Post n°1

    Al-Allaibi directed to reduce the import of oil derivatives by 25% Empty Al-Allaibi directed to reduce the import of oil derivatives by 25%

    Post by Rocky Mon 12 Mar 2018, 8:45 am

    [ltr]Al-Allaibi directed to reduce the import of oil derivatives by 25%[/ltr]
    [ltr]Economie[/ltr]
     Since 2018-03-12 at 15:42 (Baghdad time)
    [ltr][You must be registered and logged in to see this image.][/ltr]
    [ltr]Baghdad - Mawazine News[/ltr]
    [ltr]The Minister of Oil, Jabbar al-Allaibi, on Monday, to reduce the import of oil derivatives by 25%, which provides financial revenues to the federal treasury, while stressed that the achievement of self-sufficiency of the production of liquid gas had a significant impact in reducing the proportion of imports.[/ltr]
    [ltr]The ministry said in a statement received / Mawazine News / a copy, that "Allaibi directed to reduce the import of oil derivatives by (25%), which provides financial revenues to the Treasury Federal.[/ltr]
    [ltr]He said Allaibi, "This move comes thanks to the policy of the Ministry of sound in the proper planning of the provision of oil derivatives to citizens and ministries and government facilities and companies and factories of the private sector and others," noting that "the rehabilitation of a number of refineries that have been destroyed by terrorist gangs and the resumption of production, In addition to additional quantities of national production, as well as the addition of a number of production units to the refineries of the south and center. "[/ltr]
    [ltr]He added that "the achievement of self-sufficiency in the production of liquid gas had a significant impact in reducing the proportion of imports by covering a large part of consumption in some facilities and compensated with liquid gas," explaining that "the operation of production units in refineries modern and Chinese and Qayara and Kirkuk had a role in Increase the production of oil derivatives. "[/ltr]
    [ltr]It is noteworthy that the Ministry of Oil, had announced earlier, for large investment projects in the liquidation sector, including Kirkuk refinery and refinery Maysan, Nasiriyah, Faw, Anbar, Nineveh and others, which contributes to raising the capacity of production of oil derivatives in the country, as well as plans and projects to establish refineries outside The country is in favor of Iraq[/ltr]


    [ltr][You must be registered and logged in to see this link.]
    [/ltr]
    • Back to top
    Proven
    Proven
    Proven
    NNP TEAM
    NNP TEAM


    Posts : 1858
    Join date : 2012-12-21
    • Post n°2

    Al-Allaibi directed to reduce the import of oil derivatives by 25% Empty Re: Al-Allaibi directed to reduce the import of oil derivatives by 25%

    Post by Proven Mon 12 Mar 2018, 9:53 am

    Thanks Rocky,


    This is the most significant development for their currency.  Oil derivatives (Diesel, Gasoline, Kerosene) imports are a significant part of being a net importer.  Internal oil derivatives sales will go directly into their treasury.  Now they are switching to becoming a net exporter and foreign reserves will rise.  They will be able to support a higher value for the dinar. 


    They are ready. 


    Need the tariffs at all borders. 
    • Back to top
    Lobo
    Lobo
    Lobo
    Moderator
    Moderator


    Posts : 28411
    Join date : 2013-01-12
    • Post n°3

    Al-Allaibi directed to reduce the import of oil derivatives by 25% Empty Re: Al-Allaibi directed to reduce the import of oil derivatives by 25%

    Post by Lobo Mon 12 Mar 2018, 10:12 am

    Thanks Rocky and Proven.
    • Back to top
    annieharbers
    annieharbers
    annieharbers
    Cain't Let Go Investor
    Cain't Let Go Investor


    Posts : 324
    Join date : 2012-12-29
    Age : 71
    Location : Indiana
    • Post n°4

    Al-Allaibi directed to reduce the import of oil derivatives by 25% Empty Re: Al-Allaibi directed to reduce the import of oil derivatives by 25%

    Post by annieharbers Mon 12 Mar 2018, 10:27 am

    Thanks  Rocky & Proven       Do ya think  the RV could happen before the 3-21-18  anybody?
    • Back to top
    weslin3
    weslin3
    weslin3
    Interacting Investor
    Interacting Investor


    Posts : 7463
    Join date : 2012-12-19
    • Post n°5

    Al-Allaibi directed to reduce the import of oil derivatives by 25% Empty Re: Al-Allaibi directed to reduce the import of oil derivatives by 25%

    Post by weslin3 Mon 12 Mar 2018, 5:39 pm

    Proven wrote:Thanks Rocky,


    This is the most significant development for their currency.  Oil derivatives (Diesel, Gasoline, Kerosene) imports are a significant part of being a net importer.  Internal oil derivatives sales will go directly into their treasury.  Now they are switching to becoming a net exporter and foreign reserves will rise.  They will be able to support a higher value for the dinar. 


    They are ready. 


    Need the tariffs at all borders. 

    Don't they have the tariffs and borders ready Proven?
    • Back to top
    Proven
    Proven
    Proven
    NNP TEAM
    NNP TEAM


    Posts : 1858
    Join date : 2012-12-21
    • Post n°6

    Al-Allaibi directed to reduce the import of oil derivatives by 25% Empty Re: Al-Allaibi directed to reduce the import of oil derivatives by 25%

    Post by Proven Mon 12 Mar 2018, 6:11 pm

    Borders in Kurdistan are not controlled by the central government.


    Last edited by Proven on Mon 12 Mar 2018, 8:09 pm; edited 1 time in total
    • Back to top
    weslin3
    weslin3
    weslin3
    Interacting Investor
    Interacting Investor


    Posts : 7463
    Join date : 2012-12-19
    • Post n°7

    Al-Allaibi directed to reduce the import of oil derivatives by 25% Empty Re: Al-Allaibi directed to reduce the import of oil derivatives by 25%

    Post by weslin3 Mon 12 Mar 2018, 7:07 pm

    Rats!!!
    • Back to top
    weslin3
    weslin3
    weslin3
    Interacting Investor
    Interacting Investor


    Posts : 7463
    Join date : 2012-12-19
    • Post n°8

    Al-Allaibi directed to reduce the import of oil derivatives by 25% Empty Re: Al-Allaibi directed to reduce the import of oil derivatives by 25%

    Post by weslin3 Mon 12 Mar 2018, 7:08 pm

    Proven wrote:Borders in Kurdistan are not controlled by the central government.

    Thanks Proven...
    • Back to top
    Proven
    Proven
    Proven
    NNP TEAM
    NNP TEAM


    Posts : 1858
    Join date : 2012-12-21
    • Post n°9

    Al-Allaibi directed to reduce the import of oil derivatives by 25% Empty Re: Al-Allaibi directed to reduce the import of oil derivatives by 25%

    Post by Proven Thu 22 Mar 2018, 5:07 pm

    [ltr]
    Expert: Iraq is heading towards an oil revolution that revives its economy and stops importing derivatives

    March 22, 2018
     48 views
    [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.]    [/ltr]










    [ltr][You must be registered and logged in to see this link.] 
    Share on Facebook
     [You must be registered and logged in to see this link.] 
    Twitter on Twitter
     [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.]
    [You must be registered and logged in to see this link.]
    Oil expert Hamza al-Jawahery said on Thursday that Iraq is moving towards an oil revolution that will revive its economy and provide him with a lot of money and stop importing oil derivatives, pointing out that Iraq will feel so soon and may turn into a source country for oil derivatives.
    "There are several refineries operating in most provinces, which in turn will supply the country with various oil derivatives of gasoline, white oil and gas, in addition to other non-essential materials," Jawahri said in a statement to local media .
    "The opening of the new refineries leads Iraq to self-sufficiency of oil derivatives, some may be exported abroad, but the global oil market is full of supply of oil," adding that "the country will soon see a major oil revolution provides billions of dinars contribute to the delegation Balance the money and thus the advancement of the Iraqi economy. "
    The member of the Committee on oil and energy parliamentary MP Ibrahim Bahr al-Ulum earlier said that Iraq has reduced the import of oil derivatives by 25% after the opening of new refineries and near the completion of other refineries in Nineveh and southern provinces, which will revive the Iraqi economy and stop the import process. SS    [/ltr]





    [You must be registered and logged in to see this link.]
    • Back to top
    Stevethebrit
    avatar
    Stevethebrit
    Cain't Let Go Investor
    Cain't Let Go Investor


    Posts : 423
    Join date : 2012-12-19
    • Post n°10

    Al-Allaibi directed to reduce the import of oil derivatives by 25% Empty Re: Al-Allaibi directed to reduce the import of oil derivatives by 25%

    Post by Stevethebrit Thu 22 Mar 2018, 6:38 pm

    This just ace :-) thanks Proven and Rocky.
    • Back to top
    Sponsored content

    Sponsored content


    • Post n°11

    Al-Allaibi directed to reduce the import of oil derivatives by 25% Empty Re: Al-Allaibi directed to reduce the import of oil derivatives by 25%

    Post by Sponsored content

    • Back to top
      Current date/time is Thu 14 Nov 2024, 10:01 am