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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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    Al-Sudani: We will direct quantities of oil to operate Iraqi refineries abroad

    Rocky
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    • Post n°1

    Al-Sudani: We will direct quantities of oil to operate Iraqi refineries abroad Empty Al-Sudani: We will direct quantities of oil to operate Iraqi refineries abroad

    Post by Rocky Thu 21 Sep 2023, 9:01 am

    [size=38]Al-Sudani: We will direct quantities of oil to operate Iraqi refineries abroad[/size]


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    September 21, 2023[You must be registered and logged in to see this link.]
    Baghdad/Al-Masala Al-Hadath: The Prime Minister, Muhammad Shiaa Al-Sudani, announced, on Thursday, new actual tours of the gas fields in Iraq, which will be an active player in global markets, and while he indicated that part of the oil production will be directed towards operating refineries outside the country, he stressed that Iraq’s plan Ambitious for the optimal use of oil and gas.
    Al-Sudani said, in an interview with Bloomberg Channel, that “Iraq is committed to the agreements and understandings with OPEC and OPEC Plus in a way that protects the interests of both producers and consumers,” pointing out that “Iraq has the ability to produce, but that will be in accordance with this agreement.”
    He added: “We have a decision to direct part of oil production towards operating refineries outside Iraq, and we had a presidential meeting with Bulgaria regarding that, as we have refineries in Bulgaria and others in China and Malaysia.”
    Regarding the price of a barrel of oil reaching $95, and the possibility of declines in the market, the Prime Minister said: “There is no concern, and we do not have a specific price, but we want to maintain a fixed level and a logical price that guarantees the interests of both producers and consumers, a level that is no less than From 85 to 95 dollars per barrel,” stressing that “Iraq, Saudi Arabia, and Russia are committed to the voluntary reduction to achieve the goal that was agreed upon in OPEC.”
    He pointed out that “Iraq’s plan is ambitious for the optimal use of oil and gas. We have concluded a number of contracts for investing in associated gas, and there are fields that were announced through the sixth round of licenses that we obtained to invest in natural gas, and we have other actual rounds for other gas fields in Iraq.” It will be an active player in the gas markets according to the visions we agreed upon within the Iraqi government.”
    He explained that “the volume of production is actually linked to the policy that was agreed upon within OPEC, (capacity, potential, and projects),” stressing that “there is an OPEC policy that must be adhered to and adhered to in order to achieve this balance between the interests of producers and consumers.”
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