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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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    Parliamentary Committee: Government plans to increase oil production to more than 5 million barrels

    Rocky
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    Parliamentary Committee: Government plans to increase oil production to more than 5 million barrels Empty Parliamentary Committee: Government plans to increase oil production to more than 5 million barrels

    Post by Rocky Sun 02 Jul 2023, 4:56 am

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    Baghdad - Conscious - Nassar Al-Hajj 
    Today, Sunday, the Parliamentary Oil and Gas Committee identified the countries that import the most Iraqi oil, while indicating that the government has drawn up plans to increase oil production to more than 5 million barrels per day.
    Member of the committee, Representative Zainab Juma Al-Moussawi, told the Iraqi News Agency (INA): "The committee supports the government's directions to increase oil and gas reserves and increase national production of crude oil and gas, as well as treating gas associated with oil operations and converting it into useful productive wealth and energy that covers the local need, especially power stations." Electricity, petrochemical industry, fertilizers and others by inviting discreet foreign companies in addition to exporting the surplus to global markets to achieve financial revenues that provide the state treasury in support of the national economy, sustainable development and the provision of new job opportunities.
    She added, "The Parliamentary Oil, Gas and Natural Resources Committee stresses the need to provide a suitable environment for investment by providing protection and facilities for investment companies and providing geographical areas for investment," stressing the necessity of "not neglecting the fields managed by national companies to create competition with international companies, and increase the net profits generated from national companies.
    She pointed out, "Iraqi oil is one of the most important oils imported by foreign countries, headed by India, China and South Korea, where the total of these countries have acquired about 54% of Iraqi oil since the beginning of this year, in addition to the countries of Singapore, the Netherlands, Turkey, Greece, Egypt, the United States, Italy and France." ", Indicating that "Iraq achieves billions of dollars from the sale of oil, which contributes to building the country's general budget, in both its investment and operational parts."
    And she stressed, "Parliament supports government efforts to increase oil production rates to more than 5 million barrels per day."
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