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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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    Rapporteur of the Commission on oil: the decline in oil prices will affect the abundance and not on

    Rocky
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    Rapporteur of the Commission on oil: the decline in oil prices will affect the abundance and not on Empty Rapporteur of the Commission on oil: the decline in oil prices will affect the abundance and not on

    Post by Rocky Thu 18 Apr 2013, 6:46 am

    Rapporteur of the Commission on oil: the decline in oil prices will affect the abundance and not on the financial revenues of the federal budget


    Update :: 18.04.2013 10:27

    Ruled out the decision of the Commission on oil and energy MP for the coalition of Kurdish blocs Qasim Muhammad Qasim, influenced by the drop in oil prices in the OPEC basket on the general budget revenues, stressing the financial impact on the abundance revenue generated from reliable and a lot of projects.
    Kassem said in a press statement on Thursday that "the budget in 2013 and developed on the basis of the price of a barrel of oil (90), fall in world oil prices below the $ 90 is unlikely, because of the world's growing need for oil.

    He added that "a declaration of OPEC to cut oil prices to member states, came as a result of the economic crisis that hit the redundancy of some European countries, as well as improve the climate for some of the countries that make them lean overall fuel consumption.

    He explained that "this reduction will not affect the overall revenues of the federal budget, but will affect the financial exuberance to be achieved from the sale of oil revenues and the pick for the implementation of some projects within the general budget.

    Oil prices have fallen, in the basket of the Organization of Petroleum Exporting to less than $ 100 per barrel.
    It consists of OPEC basket of 12 crude, a mixture Sahara Algerian ore جيراسول Angolan and Iranian crude and heavy Basra Light Iraqi export Kuwaiti Sidr Libya and Bonny Light Nigerian maritime country and Arab Light Saudi Murban UAE and Mary Venezuelan Oriente of Ecuador.

    The Organization of Petroleum Exporting Countries (OPEC), which was founded in Baghdad in 1960 by agreement between the five countries are Saudi Arabia, Iran, Iraq, Kuwait and Venezuela, and is headquartered in Vienna, one of the largest international organizations supervising the organization of the export of oil and determine prices, and its membership includes currently 12 state oil exporter, has a whole between two-thirds and three-quarters of the world's oil reserves. ended
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