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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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    Report.. The US Administration Is Betting On Qatar To Invest In Iraqi Gas

    rocky
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    Report.. The US Administration Is Betting On Qatar To Invest In Iraqi Gas Empty Report.. The US Administration Is Betting On Qatar To Invest In Iraqi Gas

    Post by rocky Sat 04 Feb 2023, 6:26 am

    Report.. The US Administration Is Betting On Qatar To Invest In Iraqi Gas
    On February 4, 2023
    [rtl]The Independent/- Qatar's quest to acquire a share of about thirty percent of French total energy projects in Iraq does not come far from Washington's plans, which are pushing anally to Iraq to help extract more gas, in a double message to Saudi Arabia, which did not respond to American efforts. To increase production in the market and to Iran, whose influence the Americans seek to dismantle in Iraq.[/rtl]
    [rtl]This comes at a time when the French company threatened to withdraw, before retracting later, due to sudden obstacles that it is not unlikely that Iran is behind it.[/rtl]
    [rtl]The American bet on Qatar to invest in Iraqi gas is justified on the ground. Because Doha will find itself in a friendly environment because of the strong relationship between it and Tehran.[/rtl]
    [rtl]Qatar was previously in the aid of the United States on the energy issue, as it responded to US President Joe Biden's endeavor and concluded a long-term agreement to supply Germany with gas in order to contain the effects of dispensing with Russian gas. Now, Washington is pushing Doha to invest in extracting gas inside Iraq to liberate it from dependence on Iran's gas and its unfair conditions, and at the same time prepare to compensate a percentage of the Russian gas supplies.[/rtl]
    [rtl]The United States had played a major role in mediating between Qatar and Germany to reach an agreement between them that would enable Berlin to obtain Qatari gas for fifteen years.[/rtl]
    [rtl]"Qatar's move to buy a stake that could reach 30 percent in four projects worth $27 billion in Iraq that was agreed a year ago to be run by the French company is in line with Washington's strategy in Iraq," says Simon Watkins, a writer on the "Oil Price" website.[/rtl]
    [rtl]Last summer, Iran decided to reduce by five million cubic meters the amount of gas it exports to Iraq due to the delay in fulfilling financial obligations, which was the reason for reducing the hours of electricity supply, despite the high temperature.[/rtl]
    [rtl]The United States has pressure cards on [You must be registered and logged in to see this link.] that would push it to make Qatar's efforts to succeed in obtaining a weighty share. Even if Iran opposes, the government of Muhammad Shia al-Sudani will find itself forced to accept Washington's demands. One of the most important US pressure papers is the money transfer paper.[/rtl]
    [rtl]While Washington sees Qatar's entry into Iraq as a means, among many other means, to dismantle Iranian influence, it also sends a message to Saudi Arabia that the United States has an ally on whom it can bet to achieve what Riyadh has been reluctant to implement , which is to increase oil production in global markets.[/rtl]
    [rtl]It is not known to what extent the role of Qatar in alleviating the gas crisis for the Europeans can overshadow the role of Saudi Arabia in relation to Washington, a role that is too big to be limited to pumping more [You must be registered and logged in to see this link.] .[/rtl]

    [rtl]Not only does Qatar have ample amounts of gas, but it also has the ability to move that gas more quickly and to more places than is possible with a gas pipeline.[/rtl]
    [rtl]"When sanctions were imposed on Russian energy, Qatar's LNG supplies were used to fill a large part of the supply gap," says Watkins.[/rtl]
    [rtl]And the talk about Qatar's entry into investment projects in Iraqi gas helped reveal a dispute between the Iraqi government and the French company Total Energies, which delayed the start of implementing the four projects announced more than a year ago.[/rtl]
    [rtl]And the company took the initiative to withdraw its employees, before returning them later, in conjunction with its endeavor to solve problems with Baghdad, at a time when observers of this file say that many administrative delays prevented the French company from starting its work, pointing to the multiplicity of decision-making circles, and that the government's voice is weak in front of the position of the militias. And local authorities that want to impose their conditions in return for permitting work.[/rtl]
    [rtl]Observers believe that deliberately disrupting the projects that were agreed upon with the previous government led by Mustafa Al-Kadhimi, and the company having to deal with more than one party, showing the presence of an external party that is pressing to thwart this grand deal, In reference to Iran, which has great influence over the Iraqi government, militias and local authorities. In most of the governorates.[/rtl]
    [rtl]The Iraqi government wants to obtain forty percent of the participation in the project, in addition to thirty percent for Qatar, compared to thirty percent for Total Energy, which the French company rejects, which prompted it to announce its withdrawal.[/rtl]
    [rtl]"Another space of time has been given to continue the dialogue to reach a solution that satisfies the concerned parties, on some contentious issues, including the percentage of participation in the project," said Oil Ministry spokesman Assem Jihad. "There is a space of time that may extend for a few months."[/rtl]
    [rtl]He explained that the authorities want to participate in investments by up to 40 percent. Sources in the Iraqi Oil Ministry say that the French company is seeking to reduce the percentage of Iraqi participation in the investment project.[/rtl]
    [rtl]Jihad stressed, "The government and the ministry support the continuation of the agreement, and we have no problems with the total, and our relationship is good and growing."[/rtl]
    [rtl]This method is not new, as the Iraqi parties related to the energy file have been “disappearing” the major international companies that competed to enter the huge Iraqi oil fields after 2003.[/rtl]
    [rtl][You must be registered and logged in to see this link.]
    [/rtl]
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