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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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The UAE wins the first tender to replace black oil from Iraq to Lebanon

rocky
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The UAE wins the first tender to replace black oil from Iraq to Lebanon Empty The UAE wins the first tender to replace black oil from Iraq to Lebanon

Post by rocky Fri 27 Aug 2021, 6:56 am

The UAE wins the first tender to replace black oil from Iraq to Lebanon

  •  Time: 08/26/2021 22:35:45
     
  •  Reading: 2,626 times

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{Economic, Al Furat News} The Emirates National Oil Company (Enoc) won the first tender conducted by the Ministry of Energy to replace 84,000 tons of black fuel from Iraq, with fuel oil and gas oil for electricity production plants, and the first shipment is supposed to arrive in Lebanon soon.
The useful summary.. In important news, you can find it in the Euphrates News channel on the telegram.. [You must be registered and logged in to see this link.]
And the Lebanese Ministry of Energy and Water announced that after completing all the administrative and technical preparations between the Lebanese and Iraqi sides regarding the agreement signed with the brotherly State of Iraq to bring in one million tons of black fuel for a period of one year and replace it through monthly spot cargo tenders (between 75 to 85 thousand tons) in favor of Electricité du Liban, after the approvals from the Iraqi side on the terms of reference and the participating companies, the General Directorate of Oil in the Ministry of Energy and Water launched the first tender to replace about 84,000 tons of black oil with about 30,000 tons of heavy grade B fuel and about 33,000 tons of gas oil.
The General Directorate of Oil called for a virtual meeting to open the bids, to which representatives of the companies participating in the tender were invited, and the General Directorate of Oil in the Ministry of Energy and Water, the Lebanese Ministry of Finance, the Central Bank and the Iraqi Sumo Company.
3 international companies participated in the tender, out of 4 approved by the Iraqi side: Emirates National Oil Company (Enoc), Independent Petroleum Group (IPG), and Coral Energy DMCC.
The tender was won by the Emirates National Oil Company (Enoc).
After informing the Iraqi side of the final result, the winning company will bring the replaced fuel to Lebanon about two weeks after receiving the shipment of black oil from Iraq between 3 and 5 September.

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