[size=30]Iraq's exports of gas condensate rise by 200%, and revenues amount to a quarter of a billion dollars during the whole year
2022-12-05
[/size]
[You must be registered and logged in to see this link.]
Yes Iraq: Baghdad
Today, Monday, the Ministry of Oil counted the amount of gas condensate exported over the past 11 months, while indicating that it intends to export 3 shipments of gas condensate during the current month.
The director of the commercial body in the Basra Gas Company affiliated with the ministry, Sultan al-Maliki, said, "The company has exported, as of the first day of December, 27 shipments (ships), of gas condensate, amounting to 438,000 tons."
He added, "The company is in the process of exporting 3 shipments of gas condensate during the current month of December, at a rate of 16,000 tons per shipment."
Accordingly, it means that Iraq will export 486 thousand tons of gas condensate during the current year.
Gas condensate is a low-density mixture of several hydrocarbon liquids found in the form of gases in raw natural gas extracted from many natural gas fields. These materials condense from raw gas when its temperature drops below the hydrocarbon dew point for that gas.
Natural gas condensate is often referred to as condensate or gas condensate, and sometimes it is referred to as natural gasoline because it contains hydrocarbons with boiling points that match the boiling points of the constituents of gasoline.
According to previous data, Iraq “exported 139,000 tons of condensate in 2021, at a value of $71 million, and Iraq’s exports of liquid gas were estimated at 456,000 tons, at a value of $288 million.”
Accordingly, Iraq's condensate exports increased during the current year by more than 200%.
It is clear that the price of a ton of gas condensate is more than 500 dollars per ton, and thus the value of what Iraq exports of gas condensate during the current year will reach 248 million dollars, or about a quarter of a billion dollars.
[You must be registered and logged in to see this link.]
» International criticism does not trust the ability of Iraq's institutions to advance the economy, de
» Fake loans amounting to 8.6 billion dinars in Anbar
» The Central Bank completes its study on reducing the exchange rate of the dollar and submits it to t
» The Minister of Labor regarding the targeting of his offices in Baghdad: You will not discourage us
» Iraq: American techniques to stop dollar smuggling
» Minister of Finance and Economy: We will distribute the salaries of Kurdistan Region employees elect
» The Sudanese receive a study from the Central Bank to reduce the exchange rate of the dollarproposal
» Dispute between Khatami and Mousavi over "regime reform"
» Iraq will discuss with America how to pay Russian energy companies
» Kurdish dissatisfaction with "administrative marginalization" in Kirkuk
» "1400 dinars to the dollar" .. The Iraqi Central Bank sends a new study to the government
» Iraqi Foreign Minister: We will discuss cooperation with Russian companies during our visit to Washi
» Does the Sudanese government resolve the file of the oil and gas law once and for all?
» Obelisk Clock: Iraq is turning into an economic battlefield, and America is bargaining with it over
» February events.. The Office of Financial Supervision obliges the region's government to enable the
» The Ministry of Construction and Housing disburses huge sums of money as compensation to the company
» Influential elites and protected businessmen run drug smuggling deals in Iraq
» "Citizens' Needs" on the table of Al-Sudani and Al-Halbousi
» A government directive for Iraqi Airways to deal in Iraqi dinars instead of dollars
» Samsung Electronics launches a special campaign in Iraq
» Foreign Minister: We studied how to deal with the financial dues of Russian companiesproposals from
» In the presence of 11 countries.. An Iraqi military delegation participates in the "Dragon Group" me
» Dollar prices recorded a noticeable decrease in the local marketsproposals from
» To adopt the yuan currency.. Disclosure of "undeclared" negotiations between Baghdad and Beijingprop
» The Foreign Ministry announces the objectives of the Iraqi delegation's visit to Washington next Wed
» US pressure on the central bank paralyzes Iraqi markets
» Al-Sudanese and Al-Halbousi emphasize cooperation between the executive and legislative branches
» Federal Court: obligating the Kurdistan Regional Government to hand over all oil production
» A government committee is studying 4 files regarding subsidizing table egg products
» The US State Department: We are ready to work with Al-Sudani, and the demands of "October" have not
» Newspaper: A new revival of the dialogue between Baghdad and the region with a partial solution to t
» Report: The coordination framework bartered Washington to obtain dollar facilities
» MPs and experts: Two obstacles stand in the way of passing the 2023 budget
» Launching the education strategy in Iraq for the next 10 years
» The Iraqi markets are awaiting the visit of the Iraqi delegation to Washington to discuss "Swift".
» Dollar sales through the central bank window today, Monday
» In 3 governorates, trade begins with the sale of subsidized foodstuffs
» The Office of Financial Supervision decides to oblige the regional government to hand over all oil p
» Work includes the elderly who do not receive a salary with social assistance
» 311 forged loan transactions were seized at the Agricultural Bank in Ramadi
» Transport directs dealings in Iraqi dinars instead of dollars
» Integrity: The former Najaf health director exceeded his powers to spend 995 million dinars through
» Kurdistan announces the cessation of oil exports to Turkey
» Lavrov: The joint committee between Iraq and Russia will hold its meetings in Baghdad
» High dollar prices in Baghdad and Erbil
» For the second day... the bank's dollar cash sales increased in the currency auction
» The Office of Financial Supervision announces a package of measures towards the Kurdistan Region
» The Iraqi stock exchange trades five billion dinars in a week
» The government is reassured.. New fears of a deficit that cuts the salaries of employees and retiree
» Economist: Central Bank actions will lead to a drop in the price of the dollar
» Banking expert: The application of the recent instructions of the Central Bank will lead to the stab
» Parliamentary Finance: The Istanbul meeting yielded happy results that pave the way for the upcoming
» Russia: Our investments in Iraq amount to more than 10 billion dollars
» Central bank sales approaching $100 million
» Saudi Arabia comments on expectations of a rise in oil to more than $100 a barrel
» The Federation of Industries announces the direct plan to control prices in the market
» The Chairman of the Investment Authority discusses with the Saudi ambassador the economic relations
» The Office of Financial Supervision affirms the unconstitutionality of the oil law in Kurdistan
» Iraq is preparing to launch the Education Strategy 2022-2031
» Opening an investigation into the crimes of forging customs declarations
» The exchange rate and a barrel of oil restrict budget legislation
» Parliamentary investment criticizes the conflict of laws
» Trade imports 800 thousand tons of wheat
» Emerging parties calling for their involvement in drafting the election law
» Formation and empowerment of women
» The World Bank expects a slowdown in economic growth in Iraq
» Promising projects to increase production capacity in the southern refineries
» The Minister of Finance reveals the main benefits of the public administration system
» Specialists: Banks have turned into "shops" and control procedures are "insufficient".
» The crisis of high prices of food, medicine and fuel intensifies in Sulaymaniyah
» Finance holds a meeting with the German Agency for International Cooperation (GIZ) on the developmen
» Dome of the world.. Baghdad restores the luster of relations and raises the “red card” in the face o
» Stopping work on the Makhoul dam until the arrival of an international advisory team
» A new revival of the dialogue between Baghdad and the region with a partial solution to the differen
» An American report: the 2003 war is a crime... and Bush's allegations are false
» Russia's presence in Iraq threatens to widen the crisis with the United States after a slight breakt
» The dollar, the budget, and the visit to Washington at a “framework” table, in the presence of Al-Su
» The dollar crisis in Iraq.. “no change” despite the reassurances after the Istanbul meeting
» With the document, the termination of the assignment of “Adel Salman” to the membership of the Board
» Al-Mandalawi confirms Parliament's support for government solutions aimed at financial reform and re
» The visit of Russian Foreign Minister Sergey Lavrov to Baghdad and the most important files that wil
» The Minister of Labor announces the inclusion of this segment in the social subsidy
» A former deputy talks about (two problems) that will face the budget and issues a warning
» Al-Azm Alliance: Al-Sudani is able to solve the dollar crisis
» Iraq calls for a cease-fire between Russia and Ukraine
» Lavrov from Baghdad: We discussed bilateral relations and investment opportunities
» The President of the Republic stresses the importance of raising the level of cooperation between Ir
» Integrity: seizing 311 fraudulent loan transactions at the Agricultural Bank in Ramadi
» The Office of Financial Supervision takes action to implement the ruling regarding the unconstitutio
» Iraqi Central Bank Announces New Measures to Address Dinar Devaluation
» Official: The Kirkuk-Ceyhan pipeline was not damaged by the earthquake and the oil flows are continu
» Environment Minister confirms preparations for the twenty-eighth conference of climate change partie
» Coordination framework: The Council of Ministers intends to submit the 2023 budget to Parliament for
» The President of the Republic receives the Undersecretary of the Iranian Ministry of Foreign Affairs
» Al-Samarrai: The prime minister's efforts to stabilize the dollar confirm its ability to dismantle t
» Including investment and war... a number of "important" files that Iraq is discussing with Russia
» Zaidan and Makiya discuss the role of the judiciary in encouraging the investment movement
» Al-Hakim calls on the government to extend a helping hand to the countries affected by the earthquak