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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 seeks to export its oil to North Africa through Egypt and Jordan

    Rocky
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    • Post n°1

    Iraq seeks to export its oil to North Africa through Egypt and Jordan Empty Iraq seeks to export its oil to North Africa through Egypt and Jordan

    Post by Rocky Fri 18 Mar 2016, 3:03 am

    [ltr]Iraq seeks to export its oil to North Africa through Egypt and Jordan[/ltr]

     Since 17.03.2016 at 12:58 (Baghdad time)
    [ltr][You must be registered and logged in to see this image.][/ltr]
    [ltr]Special - balances News[/ltr]
    [ltr]Oil Ministry confirmed on Thursday that the plan was developed for the export of crude oil to the world markets in North Africa.[/ltr]
    [ltr]The spokesman of the ministry, Assem Jihad's / balances News /, "The agreement of extending an oil pipeline from Basra to the port of Aqaba, Egypt, lies its significance to open a third outlet of Iraqi oil exports, and thus enhance the relations between the participating countries, it will also offer an opportunity to invest in Iraqi oil during the refining or export. "[/ltr]
    [ltr]He said Jihad, said he "will direct the implementation of the project after the composition of the investor coalition has a component of a group of Chinese and Arab companies, which will provide investment and supply are approved by the government," noting that "Iraq will not spend it any sums of money because this coalition will take care of all the expenses, the installment is Tkaalafi after the implementation of the project and achieve profits and continued over the years, according to the contract between the Alatrac signed it. "[/ltr]
    [ltr]He noted that "the ministry has to prepare this project two or three years ago, and passed through many stages of promotion, and knowledge of companies wishing to invest and to agree on how to implement it until it was reached to the stage of signing him."[/ltr]
    [ltr]He explained, "The Jordan welcoming too much oil in collaboration because it will meet the need of crude oil because it owns the port of Aqaba, also said Iraq aims to deliver oil to North Africa through Egypt, and therefore it will be important investment projects which will bring economic benefit to Iraq and the countries participating in it."[/ltr]
    [ltr]The oil minister, Adel Abdul-Mahdi, signed a few days ago, a memorandum of understanding for cooperation with these countries in the crude oil and gas drilling and filtering areas, a project that the three countries have sought to reach him since 2012.anthy[/ltr]


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