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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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    Oil is reviewing some paragraphs of licensing rounds contracts

    Rocky
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    Oil is reviewing some paragraphs of licensing rounds contracts Empty Oil is reviewing some paragraphs of licensing rounds contracts

    Post by Rocky Thu 24 Oct 2019, 1:51 am

    [size=36]Oil is reviewing some paragraphs of licensing rounds contracts[/size]

    Political | 08:37 - 24/10/2019

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    BAGHDAD -
    The Ministry of Oil plans to reconsider some paragraphs contracts contracts rounds of the first three licenses.
    The ministry's senior undersecretary, Fayyad Nehmeh, said his ministry had "announced five rounds of licenses in the past few years.
    He added that "the first two rounds have been changed earlier and the ministry has come a long way in this regard, but as a result of the low oil prices and instability and the strength of the ISIS terrorist gangs on some cities, prevented the continuation of negotiations."
    He pointed out that his ministry "intends during the next year, to reconsider some paragraphs of licensing rounds contracts and in the interest of Iraq, and to be more satisfied international companies to rush in the process of developing rewarding investments to develop the oil and gas sectors in Iraq," noting that "is scheduled to The terms of the first, second and third licensing rounds are reviewed. "
    "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 the mistakes and experiments have been taken advantage of, and many amendments have been made to them," Nehme said.


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    Oil is reviewing some paragraphs of licensing rounds contracts Empty Oil plans to review contracts licensing rounds

    Post by Rocky Thu 24 Oct 2019, 2:09 am

    Oil plans to review contracts licensing rounds

    09:25 - 24/10/2019



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    Information / Baghdad ..
    The Ministry of Oil announced on Thursday its intention to reconsider some paragraphs of contracts of the first three rounds of licenses in the interest of [You must be registered and logged in to see this link.] .
    Senior Undersecretary of the Ministry Fayyad Nehmeh said in a statement reported by the official newspaper Al-Sabah that the ministry had announced five rounds of licenses during the past years. The first and second rounds of their contracts have been changed earlier and the ministry has come a long way in this regard, but as a result of low oil prices and instability and the rise of [You must be registered and logged in to see this link.] terrorist gangs in some cities, prevented the continuation of negotiations.
    He added, that his ministry "intends during the next year, to review some paragraphs of contracts licensing rounds and in the interest of [You must be registered and logged in to see this link.] , and to be more satisfied international companies to rush in the process of making rewarding investments to develop the oil and gas sectors in [You must be registered and logged in to see this link.] , noting that it is scheduled to be reviewed Paragraphs of the first, second and third licensing rounds.
    He added, "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 benefiting from mistakes and experiments, and many amendments have been made to them." Done / 25

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    Oil is reviewing some paragraphs of licensing rounds contracts Empty Oil: review some paragraphs contracts licensing rounds next year

    Post by Rocky Thu 24 Oct 2019, 2:10 am

    [size=35]Oil: review some paragraphs contracts licensing rounds next year[/size]


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    The Ministry of Oil, on Thursday, to review some paragraphs contracts contracts licensing rounds next year, while confirming that the Kurdistan region does not deliver its oil imports to the federal government so far.


    The official Al- Sabah newspaper quoted Deputy Minister Fayyad 's grace that " the ministry plans next year to reconsider some of the paragraphs of rounds of licensing contracts for the first and second in the interest of [You must be registered and logged in to see this link.]Iraq , and international companies to be more satisfaction to rush in the process of rewarding investments for the development of oil and gas sectors in [You must be registered and logged in to see this link.]Iraq ".






     
    He added that "good amendments have been made to the fourth and fifth rounds by the Department of Contracts and Licenses by virtue of experience and the past period," noting that "has been benefiting from mistakes and experiments and has been a lot of amendments to them."
     
    On the other hand, Nema said that "the federal government did not receive from the Kurdistan [You must be registered and logged in to see this link.]region the quantities of oil agreed according to the budget of 2019, amounting to 250 thousand barrels per day, despite the existence of mutual visits between Baghdad and Erbil," pointing out that "so far nothing has been issued regarding the agreement on delivery Or receiving [You must be registered and logged in to see this link.]Kurdistan's oil . "



     
    He said that "everything that is happening now in [You must be registered and logged in to see this link.] does not comply with the general budget law and that the ministry is considering the government to do so," expressing hope "to reach an agreement in this regard."
     
    The Oil Ministry signed in 2010 contracts with major foreign companies within the first and second rounds of licenses for the development of oil fields in [You must be registered and logged in to see this link.] known as service contracts, but these contracts were met with reservation by some specialists and parliamentarians.


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