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Al-Allaibi expects fluctuations in world oil prices
05/7/2018 12:00 am [rtl] Baghdad / Tareq al-Araji Oil Minister Jabbar Ali al-Luaibi expected fluctuations in world oil prices according to the changes taking place, but it will not make a big difference from current prices. A group of Korean companies started building Karbala refinery with a capacity of 140,000 barrels after overcoming some financial and technical problems. Al-Allaibi said in a statement to Al-Sabah that "world oil prices are subject to the political and economic factors and the stability of the market, and that Iraq is watching the existing changes, anticipating fluctuations in market prices, but it will not make a big difference in prices." The minister, That «the beginning of time The current BoE has seen turbulence in the oil markets and the benchmark Brent crude fell 2.4 after rising last week, Brent fell $ 1.93 in the settlement to $ 77.30 a barrel and the WTI fell 21 cents in the settlement to $ 73.94 a barrel. On the other hand, the Minister of Oil, the ministry's keenness to expedite the rehabilitation of Al-Samoud refinery (Baiji previously) to form an important and support for the liquidation sector, directed the North Refineries Company to begin to rehabilitate the unit Salah al-Din / 1 card 70 thousand barrels per day. Salahuddin / 2 card 70 thousand barrels will enter into production before the end of this year, after the completion of national rehabilitation efforts to form a new addition to the liquidation sector, and provide good quantities of kerosene, white oil, liquid gas, naphtha and black oil, covering a large part of the local need " "Said spokesman Assem Jihad "The Allaibi instructed the concerned authorities in the ministry and in the North Oil Company, the introduction of Salah al-Din Petroleum Authority." The Jihad, in a statement to "morning", "The development of the Commission comes within the concerns of the Ministry in the development of oil fields and facilities in Salahuddin province, which is one of the most promising provinces in the sectors of extraction and liquidation of the important fields and oil installations, and the Ministry has developed plans for reconstruction And rehabilitation and increase production of them. "Jihad also stressed that" the group of Korean companies started under the chairmanship of Hyundai business construction of the refinery Karbala 140 thousand barrels after passing some of the financial and technical problems that accompanied the work and the completion period ranging from (4-6) years, "referring to "The companies executing the project have been completed Glossy private business infrastructure and began setting up units and devices and special equipment Palmcefy. "[/rtl] [rtl][You must be registered and logged in to see this link.] [/rtl] |
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