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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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    American institution: Iraq's second-largest contributor to the growth of global oil equipment 2015

    rocky
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    American institution: Iraq's second-largest contributor to the growth of global oil equipment 2015 Empty American institution: Iraq's second-largest contributor to the growth of global oil equipment 2015

    Post by rocky Thu 03 Mar 2016, 3:15 am

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    American institution: Iraq's second-largest contributor to the growth of global oil equipment 2015


     Baghdad / Ibrahim Ibrahim, long-Presse 

    Confirmed American institution, that Iraq was the second largest contributor after the United States , the growth of the global market equipment of oil during 2015, of which four million barrels per day, while showed that Iraq 's production rates, including producing from the Kurdistan region, were higher than therates in 2014 the past, he specialize said the money , which came as a result of increased production was not scientifically invested to develop the infrastructure of the country. 
    the US energy Information administration EIA analysis and statistics, in a report yesterday, I followed ( thelong - Presse), he said that "Iraq was the second largest contributor after the United States, global market equipment growth of oil during the past 2015 , "noting that" Iraq 's production rates, including producing from the Kurdistan region, amounted to about four million barrels per day, higher than the rates in 2014 last up to700 thousand b / d. " 
    she said the organization, " the domestic oil consumption has dropped in Iraq a little during 2015, resulting inan increase in exports to the world market , " arguing that " the modernization of infrastructure for storage facilities and pumping oil in Iraq 's southern fields, and improve the quality of the raw operations source from Basra fields, contributed a lot to increase production rates. " 
    confirmed the EIA, that" Iraq began in June last in 2015, the marketing of Basrah heavy, which features thetraditional other type known ore Basrah light, who served as Iraq to improve its quality and increase export rates as well as the other product was heavy. " According to the organization, that " the five largest shareholders in dumping the global market with oil during the year past 2015, they are all from the United States, Iraq and Saudi Arabia, Brazil and Canada." 
    for his part , economist Abbas Ibrahim al - Bahadli said in an interview for the "long", " the increase Iraq for the production of oil provides great opportunities to increase financial its revenues imperceptibly as to help maintain the local market balance. " 
    " the years have seen a surge remarkable increase in oil production as a result of service contracts , known tours of the four licenses signed by the previous government with foreign companies to develop a number of fields in central and southern Iraq. " He Bahadli that "Iraq lacks administration efficient in the funds derived from the sale of oil investment process, and previous experience of successive governments earliest example can be judged through it, where officials accelerated squandering and embezzlement of billions of dollars without positive results are reflected on the lives of citizens." 
    He said the "last two decades witnessed the transformation of some oil -producing countries to investment countries are working on the use of oil money to develop other resources to get rid of the curse of the only source that would future of the country controlled under the confusion witnessed in the energy markets. " 
    He noted that" the financial crisis experienced by the country revealed the extent of the failure of theadministrative organs that oil wealth has not invested when it was sold for a barrel of oil at $ 120 to arrive today , to the extent of $ 30. " 
    he stressed Bahadli that" the economic transformations and financial crises that will push the government to reconsider the way the distribution of financial resources in a way help to reduce public spending and relying gradually the real resources and reduce the administrative structure of the state so as to provide billions ofdinars for investment in highly profitable productive sectors. " 
    the oil Ministry, confirmed on the first of January 2016, that the total Iraqi oil exports in the past in 2015, amounting to one billion and 96 million barrels, indicating that its revenues almost fifty billion dollars.
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