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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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    Iraq gets only ten dollars of the price of a barrel

    Rocky
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    • Post n°1

    Iraq gets only ten dollars of the price of a barrel Empty Iraq gets only ten dollars of the price of a barrel

    Post by Rocky Tue 12 Jan 2016, 4:11 am

    [You must be registered and logged in to see this image.] Iraq gets only ten dollars of the price of a barrel

    date: Tuesday 01.12.2016 0:21
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    Baghdad Alabarah- Bashir al-Araji 
    catastrophe sense of the word carried by the latest news about the value of Iraq benefit from the total sale 
    per barrel of oil, with the multiplication and division operations, treasury country will not only get to only $ 10 a barrel, while the going $ 20 to the cost of production, extraction and export, on the grounds that sale price of a barrel stable at US $ 30. 
    dollars ten per barrel multiplied by the quantity per day up to $ 30 million, bringing the number this year to about $ 11 billion, while the total general budget of about $ 95 billion based on 90% of its value on the sale of oil , an estimate that seems imaginary data with low oil prices. 
    confirmed the MP Hanan al estimate that the federal budget for this year was not successful. She Fatlawi told the "Baghdad news" that the value obtained by Iraq from the sale of a barrel of oil is only $ 10 if you include the value of a global sell $ 30 and deducting selling costs, indicating that supposed to be an Iraqi oil exports 3.5 million barrels per day, but actually it refers to only 3 million, because of the lack of Kurdistan's commitment to transform the amounts the sale of oil extracted from the province to the federal government, and stop Kirkuk oil production. She stressed that with this data, the value of what enters the country from financial resources due to the sale of oil of less than $ 11 billion during the current year, which will lead the country in a severe financial crisis. Criticizing the mechanism under which the federal budget value is calculated at about 95 billion dollars, while not entering into the state treasury only 11 billion only.
    It is noteworthy that Iraq over the financial distress in the past year because of lower oil prices, is also expected that the distress will continue with low price Oil from what it was during 2015, which threatens the problems of the Iraqi economy will hit the deaths, what is not taken swift action, particularly with regard to the fight against financial corruption and improper spending of state resources and squandered on projects tainted by suspicions of corruption.

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