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Neno's Place Established in 2006 as a Community of Reality


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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Oil revenues are distributed to production quotas assigned to companies .. and loved ones to Iraqis

    Rocky
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    • Post n°1

    Oil revenues are distributed to production quotas assigned to companies .. and loved ones to Iraqis Empty Oil revenues are distributed to production quotas assigned to companies .. and loved ones to Iraqis

    Post by Rocky Wed 20 Jan 2016, 2:24 pm

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    [You must be registered and logged in to see this image.] Oil revenues are distributed to production quotas assigned to companies .. and loved ones to Iraqis
     By: [You must be registered and logged in to see this link.]
    on: Wednesday 01/20/2016 23:34
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    Baghdad Alabarah- Bashir al-Araji 
    approached nightmare to become a reality, which is that the price of a barrel of Iraqi oil equal to the cost 
    to extract, transport and the profits of foreign manufacturers, to be the share of the country of this milling is fanfare only. 
    With the arrival of oil prices to the lowest level in a decade and a half, it has become Iraq's oil worthless, turning the sole source of the country's budget in the news was, to open the way for hazy economic era may enter Iraq in a tunnel darker endless. 
    and warned "Baghdad news" in more than a report of the consequences of the country's dependence on oil sale, which is exposed to serious fluctuations Since the end of last year, leaving the rope Iraq's economy at liberty without finding logical solutions robbing them of the bankruptcy and resulting from a strong earthquake hit the state institutions the killing. 
    However bad news announced by the world oil sale indicators, the Committee of the parliamentary energy forecast, on Wednesday, close Halfaya oil field because of the high production costs. A member of the Committee Ali Fayad said in a statement followed the "Baghdad news" that the production of Iraqi oil fields cost is very high, and up to $ 15 and this percentage increases in some fields of up to $ 23 and go up in the Halfaya field to $ 27 per barrel, in addition to fixed percentages charged by companies from the oil extracted, expected to be closed Halfaya field because of this rise. He said al-Fayad, that is supposed to arrive in Iraq's production of crude oil within the licensing round, to 12 million barrels per day, as there must be a national oil company involved in the extraction and to do well drilling company in Iraq, noting that the absence of the strategic vision of the ministry and the absence of a deliberate plan and the lack of competencies which prevented that. 
    fell futures for Brent crude global measurement 61 cents to $ 28.15 a barrel, or the equivalent of 2.1 percent to remain near the lowest level in 12 years recorded on Monday. Oil futures also fell again in Asian trading on Wednesday and US crude fell more than three percent to near $ 27 a barrel, the lowest level since 2003, due to concerns about oversupply in the world market.

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