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Neno's Place Established in 2006 as a Community of Reality


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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


    Did the government make a mistake?.. revealing a detail that includes a waste of public money in the

    Rocky
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    Did the government make a mistake?.. revealing a detail that includes a waste of public money in the Empty Did the government make a mistake?.. revealing a detail that includes a waste of public money in the

    Post by Rocky Tue Apr 25, 2023 7:34 am

    Did the government make a mistake?.. revealing a detail that includes a waste of public money in the 2023 budget

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    Economy News-Baghdad
    On Monday, economic expert Nabil Al-Marsoumi revealed an exaggeration in the cost of exporting crude oil through the Kurdistan region.
    Al-Marsoumi said in a post on Facebook, "The cost of transporting crude oil exported from Kurdistan in the 2023 budget = 1.428 trillion dinars, and the export rate from Kurdistan = 400,000 barrels per day, and the average cost of transporting a barrel of oil exported from Kurdistan = 9,781 dinars, or 7.52 dollars."
    He added, "This figure is about 6 times greater than the cost of transporting Iraqi oil sourced south by sea," noting that "KAR Company owns (60%) of the pipeline that transports oil to the Fishkhabour area near the border with Turkey, while (KAR) returns." 40% of the ownership of the pipeline goes to the Russian company (Rosneft).
    He explained, "According to the report of the American company (Deloitte), the fees for transporting a barrel of oil through the pipeline amounted to (4.4) dollars during the period (1/1/2019 until 30/6/2021)."
    He pointed out that "the second half of 2021 witnessed an increase in the cost to (6.1) dollars per barrel."
    Therefore, "the figure included in the 2023 budget to cover the fees for transporting Kurdistan's oil is exaggerated and represents an unjustified waste of public money." In the words of the economist.


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