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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

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    $ 1.2 billion investment in the two companies with the Kurdistan provide 3.4 billion budget

    Rocky
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    $ 1.2 billion investment in the two companies with the Kurdistan provide 3.4 billion budget Empty $ 1.2 billion investment in the two companies with the Kurdistan provide 3.4 billion budget

    Post by Rocky Fri Apr 08, 2016 4:48 am

    $ 1.2 billion investment in the two companies with the Kurdistan provide 3.4 billion budget

    Thursday 07-04-2016 | 9:07:28







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    H d


    Twilight News / total Dana Gas Investments and Crescent Petroleum of more than $ 1.2 billion, according to the results of social and economic benefits report, which revealed yesterday, which was prepared by «Pricewaterhouse Coopers» about the impact of their investments in the venture gas Kurdistan region of Iraq, in partnership with Pearl Petroleum coalition partners.
    The report concluded that these investments have made a significant contribution to the process of economic and social development of the Kurdistan Region of Iraq, in support of policy priorities and strategic development of the Government Korstan region at the local, regional and international.
    The focus of investments in the development of fields Khor Mor and Chamchamal, which represents one of the largest private sector investment within the Iraqi oil and gas sector. This allows the supply of gas-fired power plants to generate 1,750 megawatts of electricity, which provided low-cost electricity to millions of people in the Kurdistan Region.
    These investments allowed the government to save about more than $ 3.4 billion annually earmarked for the importation of fuel to generate energy budgets of the Kurdistan region of Iraq, as well as providing nearly $ 16 billion since the beginning of the project in the year 2008 to 2014, not to mention the task of reducing greenhouse gas emissions and environmental benefits greenhouse gases, as a result of the use of natural gas as a clean fuel in power plants.The value of reducing these emissions about $ 300 million annually.
    The report estimated that the gas project, and as a result of the increased availability of electric power, has provided an infusion of additional investment from the private sector in the region amounted to more than $ 30 billion, contributed to the significant growth in GDP. The estimated economic impact of sub-activities associated with gas according to the report between $ 9.6 billion and up to $ 15.5 billion, an increase of 40% and even 66% of GDP for the region in 2011.
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