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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


    Economist: China's agreement will not affect Iraq’s oil exports

    Rocky
    Rocky
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    • Post n°1

    Economist: China's agreement will not affect Iraq’s oil exports Empty Economist: China's agreement will not affect Iraq’s oil exports

    Post by Rocky Wed 25 Dec 2019, 2:35 pm


    Economist: China's agreement will not affect Iraq’s oil exports

    09:15 - 25/12/2019



    [You must be registered and logged in to see this link.]
    Information / Baghdad ..
    Economic expert Qusay Safwan said, on Wednesday, that the economic agreement signed by [You must be registered and logged in to see this link.] with China will not affect Iraqi oil exports registered with OPEC, pointing out that what will be granted to Chinese companies is considered domestic consumption.
    Safwan said in a statement to / Information /, that " [You must be registered and logged in to see this link.] has an export capacity of 4 million and 500 thousand barrels per day, and within the oil policy is supposed to reach 5 million and 500 thousand barrels during 2022."
    He added that " [You must be registered and logged in to see this link.] has the potential to increase export capacity and reduce domestic consumption, as internal consumption reaches one million barrels per day, and if the government manages to supply energy through power stations that are intended to enter [You must be registered and logged in to see this link.]In the coming year, domestic consumption decreased and the surplus was used to pay the dues of Chinese investment companies.
    And that "the agreement with China will provide job opportunities for the unemployed, as well as get oil instead of paying them cash amounts," noting that " [You must be registered and logged in to see this link.] has an opportunity to offer its external debts for sale and the dues will be paid through Iraqi oil at home, meaning there will be an increase in capabilities Industrial and not to affect the share of [You must be registered and logged in to see this link.] with OPEC to maintain the price of a barrel of oil at 60-70 dollars.
    Safwan stressed that "the oil that will be granted to the Chinese companies that will work in [You must be registered and logged in to see this link.] will not fall within the exports of [You must be registered and logged in to see this link.] registered with OPEC, but rather will be among domestic consumption." 25 n ended


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