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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

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With the entry of the OPEC agreement into force .. Iraq reveals the details of its oil commitment

rocky
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With the entry of the OPEC agreement into force .. Iraq reveals the details of its oil commitment Empty With the entry of the OPEC agreement into force .. Iraq reveals the details of its oil commitment

Post by rocky Fri 04 Jan 2019, 6:54 am

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With the entry of the OPEC agreement into force .. Iraq reveals the details of its oil commitment[/size]
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 3 hours ago




The Deputy Prime Minister for Energy and Minister of Oil, Iraq's full commitment to the agreement to reduce production reached by the Organization (OPEC) and its partners, which came into force from 1 January 2019. 
Thamer Abbas Ghadhban, during his chairing a meeting to discuss developments in the global oil market And the implementation of measures to reduce production, including a number of officials in the sectors of production and marketing, "The ministry has taken measures to implement the reduction of production by (3%), which constitute about (140) thousand barrels per day of the total production of Iraq, OPEC) and its partners (800) thousand barrels a day is the proportion of the members of the Organization of Petroleum Exporting Countries (OPEC) and (400) thousand barrels per day of the proportion of producing countries from outside. "The meeting was held in Vienna last month and stipulated a reduction of 1,200 million barrels.
Al-Ghadhban said that he instructed the officials of the production and marketing sectors earlier to take urgent measures to meet the production levels scheduled for October 2018, according to the agreement, which was at the rates of (4,653) million barrels, stressing the Ministry's keenness to stabilize production in general The country at the rate of (4,513) million barrels for the next six months, after calculating the rate of reducing the share of Iraq, which is (140) thousand barrels, according to the time period of the agreement, which came into force in early January 2019, expressing the hope to achieve the goals planned through this The agreement and the support of oil prices and restore stability to the Sow Global oil.
"Iraq has played an important role with other producers in reaching this agreement in order to find logical and realistic solutions to meet the challenges of the global oil market, control the oil supply gap and work to restore balance between supply and demand, And that the Ministerial Committee of the meeting of OPEC and its partners, will follow up and monitor the developments of the oil market during the coming period and submit its reports to Member States. 
Al-Ghadhban revealed that, through his contacts with his counterparts in OPEC and its partners, he was keen to abide by the oil agreement and achieve the planned goals in supporting oil prices in world markets.


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rocky
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With the entry of the OPEC agreement into force .. Iraq reveals the details of its oil commitment Empty Iraq reveals details of its oil commitment plan in OPEC

Post by rocky Fri 04 Jan 2019, 7:07 am

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Iraq reveals details of its oil commitment plan in OPEC

The Deputy Prime Minister for Energy and Oil Minister stressed Iraq's full commitment to the agreement to reduce production reached by OPEC and its partners, which came into force as of January 1, 2019.
"The ministry has taken measures to implement the production reduction by 3 percent, which is about 140 thousand barrels per day of the total," Thamer Abbas al-Ghadhban said during a meeting to discuss developments in the world oil market and the implementation of measures to reduce production. The production of Iraq, according to the proportion of the agreement of the OPEC producer countries and its partners, which was taken at the meeting held in Vienna last month and provided for a reduction of (1,200) million barrels, of which (800) thousand barrels per day is the proportion of the member countries of the Organization (OPEC) and (400) thousand barrels per day ratio of producing countries from outside " .
Al-Ghadhban said that he instructed the officials of the production and marketing sectors earlier to take urgent measures to meet the production levels scheduled for October 2018, according to the agreement, which was at the rates of (4,653) million barrels, stressing the Ministry's keenness to stabilize production in general The country at the rate of (4,513) million barrels for the next six months, after calculating the rate of reducing the share of Iraq, which is (140) thousand barrels, according to the time period of the agreement, which came into force in early January 2019, expressing the hope to achieve the goals planned through this The agreement and the support of oil prices and restore stability to the SowGlobal oil.
"Iraq has played an important role with other producers in reaching this agreement in order to find logical and realistic solutions to meet the challenges of the global oil market, control the oil supply gap and work to restore balance between supply and demand, And that the Ministerial Committee of the meeting of OPEC and its partners, will follow up and monitor the developments of the oil market during the coming period and submit its reports to Member States.
Al-Ghadhban revealed that, through his contacts with his counterparts in OPEC and its partners, he was keen to abide by the oil agreement and achieve the planned goals in supporting oil prices in world markets.

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