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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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    Major economic events in Iraq by 2012

    Hkp1
    Hkp1
    Hkp1
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    Posts : 3118
    Join date : 2012-12-19
    • Post n°1

    Major economic events in Iraq by 2012 Empty Major economic events in Iraq by 2012

    Post by Hkp1 Sun 30 Dec 2012, 1:33 pm

    Major economic events in Iraq by 2012


    Author: HM
    Editor: AA
    Sunday 30 k 1 2012 09: 59 GMT

    Alsumaria news/Baghdad
    The
    high rate of oil exports after exploratory contracts, opening the
    export platforms, as well as the opening of air and sea transport links
    with Arab countries, and drop the proceedings against airlines in all
    countries of the world, the most important economic events in Iraq by
    2012, while other events have emerged to prejudice the lives of Iraqi
    citizens in the base class is the replacement of ration items with cash.

    However,
    2012 was not free from economic problems have affected the development
    of the country, most notably failed to reach the target of electricity
    power, despite the Declaration of the Ministry of electricity that it
    would amount to high levels of energy gradually, but failed to reach the
    planned beforehand, with more than 8,000 MW in the best cases,
    including energy imported from Iran.

    (16 January), Directorate of
    railways of the southern region Announces conducted actually develop a
    link between Iraq and Iran over Basra after Iran completed a line within
    its territory.

    The oil Ministry disclosed in (January 18), a
    plan to increase oil production by 2012 to 3 million and 400 thousand
    barrels per day and increase oil exports to 2 million and 600,000
    barrels a day.

    (5 February), the planning Ministry announced updated national development plan 2010-2014 to be from 2013-2017.

    (February
    12),     the oil Ministry launches in the presence of Prime Minister Nuri
    al-Maliki first offshore platform Mono floating oil export 900,000
    barrels a day card, run the platform for raising export capacity of Iraq
    across the Bay to 2 million and 700,000 barrels a day.

    (15
    April),     Ministry of transport opens new air route between Basra and Abu
    Dhabi in the light of the airline Emirates Federation organized the
    first flight via the new line, and then rolled flights four times a
    week.

    And five days after Iraq announced the first draft of the FAO port.

    (April
    29),     the General company management ports Iraq Announces the
    development of a navigational line of Iraqi and Iranian passenger
    transport between ports of Abadan (Ibadan) in Khuzestan province and Abu
    flus in Basrah governorate.

    (5 May), MoE declares that the
    energy produced would be in June (7450) MW, in the month of July (9000)
    MW, and the electricity produced and will be added in August (9600) MW,
    in the month of September (9800) MW, and in October (10) MW, while in
    November (10200) MW, up in December (10400) MW, in the month of January
    of the next year 2013, noted that electricity produced and added Will
    (10,600) MW, while in February (11400) MW, in the month of March up to
    (12125) MW, in the month of April will (12330) MW.

    However, this
    Declaration of Ministry of electricity this is not, as planned, with
    more than 8,000 MW in the best cases, including energy imported from
    Iran.

    (17 May), the oil Ministry announced that Iraq has become the second largest oil exporter in OPEC, after Saudi Arabia.

    (25
    July),     Ministry of oil decides to disqualify us Chevron and the second
    American company contracted with Kurdistan region after company Oxon
    Mobil.

    In (early August), preliminary contracts were signed for
    exploration and investment in exploratory areas 8, 9, 12 international
    oil companies won in the fourth round of licenses.

    In (11
    January),     the Central Bank announces a rise in Iraq of foreign currency
    reserves to 67 billion dollars up from 63 billion dollars at the end of
    may last year, asserting that these reserves are the largest in the
    history of Iraq.

    (22 August), Ministry of planning announces contract with three companies to inspect the goods in the countries of origin.

    In
    (23 October),     Cabinet approved the largest federal budget in history of
    Iraq to 2013 by b 138 trillion dinars in total 18.8 trillion deficit.

    Either
    the month (November)     saw the first day, the 39 session of the Baghdad
    international fair with the participation of 20 countries and more than
    1,000 Arab and foreign companies.

    Andafter six days of this
    month, the Cabinet decided to replace the current ration cash is
    distributed among the insured (15) 1,000 dinars per person, was rejected
    by the citizens and some clergy and officials which led to Council of
    Ministers decision and action to hold a popular referendum on the
    subject.

    Andtwo days after the US company Exxon Mobil formally
    withdrew from West Qurna and renew its oil Ministry that the withdrawal
    of the oil companies contracted with the territory fields won by oil
    licensing rounds.

    (15 November), Steamboat Baghdad up China and
    anchored in the port of Khor Al-Zubair as the first new ship for
    transfer of containers belonging to Iraq since 1990, and joined to the
    Iraqi fleet is composed of two only.

    (13 December)The first Boeing arrived to Iraq out of 40 planes contracted by Iraq with the company.

    In (20 January), drop all proceedings against Iraqi Airways worldwide.

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