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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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    With a mathematical process and in numbers.. An expert reveals the economic feasibility of bartering

    Rocky
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    With a mathematical process and in numbers.. An expert reveals the economic feasibility of bartering Empty With a mathematical process and in numbers.. An expert reveals the economic feasibility of bartering

    Post by Rocky Fri 14 Jul 2023, 4:25 am

    With a mathematical process and in numbers.. An expert reveals the economic feasibility of bartering between Iraq and Iran
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    Baghdad today - Baghdad
    Today, Friday, economic expert Nabil Al-Marsoumi revealed the economic feasibility of bartering between Iranian gas and Iraqi oil.
    Al-Marsoumi said in a post he posted on Facebook, followed by “Baghdad Today”, that “bartering, or rather set-off, is usually between two parties, one of whom has a surplus of a commodity and the other suffers from a deficit, but Iran does not suffer from a deficit in the production of crude oil and black oil, but rather from restrictions America is dependent on its oil exports, and therefore it does not need Iraqi crude oil."
    He explained that "Iraq's production of black oil in 2021 amounts to 335,000 barrels per day, rising in Iran to 384,000 barrels per day, while the demand for black oil in Iraq is 189,000 barrels per day, compared to 255,000 barrels per day in Iran, and therefore Iran has a surplus of oil." The black oil is 49,000 barrels per day, and therefore it does not need Iraqi black oil."
    Al-Marsoumi continued, "Iraq, especially when it sells crude oil and black oil at international prices, as stated in the agreement, will be the biggest winner because it will be able to export its surplus oil production from the Kurdistan fields and the surplus of black oil to pay the Iranian gas import bill, while Iran will not be able to use crude oil and oil." The lions are in domestic consumption because it is self-sufficient in them," noting that Iran "cannot re-export them because of the US sanctions on it, which raises doubts about the practical application of this spending between Iraq and Iran."
    Earlier, the Iraqi Prime Minister, Muhammad Shia al-Sudani, announced that Iran would be bartering black oil in exchange for gas imported from it.
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