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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


    Baghdad: We have not received from Kurdistan the agreed quantities of oil

    Rocky
    Rocky
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    Baghdad: We have not received from Kurdistan the agreed quantities of oil Empty Baghdad: We have not received from Kurdistan the agreed quantities of oil

    Post by Rocky Thu Oct 24, 2019 3:50 am

    [size=36]Baghdad: We have not received from Kurdistan the agreed quantities of oil[/size]

    Political | 08:49 - 24/10/2019

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    BAGHDAD - The balance of News
    renewed the Baghdad government, on Thursday, announcing not receiving agreed upon from the Kurdistan region of quantities of oil, indicating that what is happening is not consistent with 2019. balancing
    senior agent of the Ministry, Fayyad blessing, and said that " the federal government has so far not received from the Kurdistan region , The quantities of oil agreed according to the budget of 2019 amounting to 250 thousand barrels per day despite the presence of visits and mutual delegations between Baghdad and Erbil, but so far nothing has been issued regarding the agreement on the delivery or receipt of Kurdistan oil.
    The Undersecretary of the Ministry of Oil, that `` everything that is happening in Kurdistan, does not agree with the law of the general budget for 2019, and that the ministry is waiting for the government to do so, which opened talks with the government of Arbil, '' expressing hope to 'reach a result'. Ends 29/43


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    Rocky
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    Baghdad: We have not received from Kurdistan the agreed quantities of oil Empty Oil: We expect "action" from the government on the delivery of the Kurdistan region 250 thousand bar

    Post by Rocky Thu Oct 24, 2019 3:59 am

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    Oil: We expect "action" from the government on the delivery of the Kurdistan region 250 thousand barrels per day


     2019/10/23 23:56:41

    The Ministry of Oil plans to reconsider some paragraphs of the contracts of the first three rounds of licenses, and while confirming that the production of oil is currently four million and 400 thousand barrels, from which three million and 400 thousand from the southern fields, announced that the region did not deliver the federal government quantities of oil agreed According to the budget of 250 thousand barrels per day despite the continuation of talks in this regard.
    Fayyad Nehmeh, senior undersecretary at the ministry, said in a statement to the semi-official Al-Sabah newspaper on Thursday that his ministry had announced five rounds of licenses in the past few years. Their contracts have been changed earlier and the ministry has come a long way, but as a result of low oil prices and instability and the rise of ISIS terrorist gangs in some cities, negotiations have been prevented.
    He added, that his ministry intends during the next year, to review some paragraphs of contracts licensing rounds and in the interest of Iraq, and to be more satisfied with international companies to rush in the process of making rewarding investments to develop the oil and gas sectors in Iraq, noting that it is scheduled to be reviewed paragraphs Contracts for the first, second and third licensing rounds.
    He added that the amendments were described as very good on the fourth and fifth rounds by the Department of Contracts and Licenses by virtue of experience and the past period, as it was benefited from mistakes and experiments, and many amendments have been made to them. 
    He said that Iraq's current production of crude oil, amounting to four million and 400 thousand barrels per day, from which it exports nearly three million and 400 thousand barrels per day from the southern fields, indicating that the federal government has not yet received from the Kurdistan region of Iraq, the quantities of oil agreed upon According to the 2019 budget of 250 thousand barrels per day despite the presence of visits and mutual delegations between Baghdad and Erbil, but so far nothing has been issued regarding the agreement on the delivery or receipt of Kurdistan's oil.
    The Undersecretary of the Ministry of Oil stressed that everything that is currently going on in Kurdistan, does not comply with the general budget law for 2019, and that his ministry is waiting for the government to do so, which opened talks with the government of Erbil, and expressed the hope to reach a result.
    He disclosed that his ministry is implementing projects to be financed by the companies to be fulfilled through the production achieved by the project, pointing to continue this trend, indicating that among the projects that have been contracted in this way is the project Nasiriyah gas capacity of 200 million standard cubic feet Daily, and the development of the field of Nasiriyah capacity of 100 thousand barrels per day, especially since the current production volume of up to 100 thousand barrels per day.


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