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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: An uncertain future awaits Iraqi Kurdistan oil

    Rocky
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    Report: An uncertain future awaits Iraqi Kurdistan oil Empty Report: An uncertain future awaits Iraqi Kurdistan oil

    Post by Rocky Fri 10 Nov 2023, 6:51 am

    [rtl]Report: An uncertain future awaits Iraqi Kurdistan oil[/rtl]

    politics  ,  2023/11/10 09:20  Number of readings: 165 
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    [rtl]Baghdad - Iraq Today:

    A report by the Oil Price website revealed that foreign oil companies operating in the Kurdistan region will not resume their work again by producing and exporting oil until it is clear about late and future payments and terms of sales, according to the Norwegian company DNO, which is one of six members of the association. Oil industry in the region. [/rtl]
    [rtl]The report stated, “Officials of the Iraqi federal government and the Kurdistan Regional Oil Corporation are discussing the resumption of crude oil flows through the Iraqi-Turkish pipeline to the port of Ceyhan on the Mediterranean Sea, as Iraq now only exports through the southern oil export stations, while about 450,000 barrels remain.” Daily exports from the northern fields and from Kurdistan are halted due to the conflict.”[/rtl]
    [rtl]The report stated that “the Union of Oil Industry Companies operating in Kurdistan, of which the Norwegian company DNO is one of its members, stated that the member companies will not be in a position to produce oil for export via pipelines until it is clear how They will work on that, and that their contractual dues are paid from the oil sold.” Indeed, it is delivered for export and about future sales of this oil intended for export.”[/rtl]
    [rtl]The report pointed out that, “According to the Norwegian company, the dues of oil companies in Kurdistan amount to one billion dollars in due and unpaid arrears, while representatives of the companies met with Iraqi officials in Dubai and offered to sell crude oil from their fields in Kurdistan directly to the federal government through the Iraqi government marketing company SOMO.” ".[/rtl]
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    [/rtl]

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