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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


    Iraq exclude "OPEC" countries agree on production levels unchanged political positions

    Rocky
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    Iraq exclude "OPEC" countries agree on production levels unchanged political positions Empty Iraq exclude "OPEC" countries agree on production levels unchanged political positions

    Post by Rocky Thu 21 Apr 2016, 7:08 am

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    Iraq exclude "OPEC" countries agree on production levels unchanged political positions


     Baghdad / long-Presse Ibrahim Ibrahim 

    Iraq asserted, on Wednesday, that the oil -producing countries will resume its discussions to agree a freeze on production rates at its meeting scheduled for next June, while the oil ministry announced that oil exports for themonth of March rising to more than 101 million barrels. He said Iraq 's ambassador to the Organization Falah al - Amiri, in his position of social reach (Facebook), according to the Web site reported Bloomberg Bloomberg news, and I followed (range Press), " The Organization of Petroleum Exporting Countries plans to resume itsdiscussions to agree a freeze on production rates at its meeting in June next. " He ruled Ameri possible" toreach an agreement in OPEC without a change in the political positions of the Member States , "asserting that" oil prices will continue to fall , especially if she insisted some producing countries to increase production to cause instability to occur between the percentage of raw processing versus demand . " . the site said that " the negotiations held in the Qatari capital Doha on Sunday (17th of this April 2016), 16 hand oil producer, has ended without reaching an agreement after Saudi Arabia asked the producers to participate in the freeze, while decided to Iran for its part, did not attend the meeting because they want to roll back exports , which are restricted by international sanctions proportion. " the Minister of Qatar 's energy, Mohammed bin Saleh AlSada, said during a press conference held after the Doha meeting, said the participants" did not reach an agreement to freeze oil production ", they returned they need additional time for consultations and talks on afreeze of production because they discussed" many scenarios. " It is noteworthy that the draft agreement between oil producers discussed by the meeting in Doha, assume according to media leaks, average daily production of crude oil not exceed the levels recorded in the in January 2016, and that the freeze will continue until the first of next October, when he meets producers again in Russia to review the progress that has been made ​​to achieve a steady recovery in the oil market. for its part, the Ministry of oil announced that oil exports for the month of March rising to more than 101 million barrel, indicating that the quantities exported havebeen downloaded by 33 international companies. a spokesman for the oil Ministry , Assem Jihad, said in astatement the "long" received a copy of it, that " the total exported crude oil volumes and revenues generated for the month of March , according to final statistics released by Iraqi oil Marketing company (SOMO) rose as the volume of exports amounted to 101 million and 900 thousand barrels earnings of $ 2 billion and 894 million dollars. " Jihad said that" the quantities exported was over and buoys monounsaturated southern ports, while unable to export through the port Ceyhan due to lack of commitment by the provincial agreement oil between the federal government and the province, "noting that" the sale of a barrel average of $ 28.4. " He continued jihad that" the exported quantities has been downloaded by 33 different nationalities international companies from the ports of Basra and Khor al - Amaya and buoys unilateralism on the Gulf Arab. " the Iraqi oil Ministry announced that , in the (twenty - second of March 2016), that the total oil exports for the month of February, from the southern fields amounted to 93 million 500 thousand barrels, while confirming achieve total revenue of more than two billion dollars. Iraq relies in Moisnath on oil as the main source, with oil prices dramatically fell internationally what is the effect on the Iraqi economy and make government is moving toward reducing government spending and austerity. in the same context, Russia's LUKOIL expected, the arrival of its production from the West Qurna phase II to 1.2 million barrels per day in 2021, he is stressing that the oil sector is stable prices. CEO of Russia 's Lukoil Vagit Alekperov told reporters on the sidelines of anenergy forum in a statement published by "Reuters", that " the company is willing to increase investment and production lot in the West Qurna -2 oil in Iraq , "expected" and the arrival of production in the field to Dhurth at 1.2 million barrels per day in 2021 ". He added Alekperov said" the oil sector enters a period of "stability ofoil prices and growth , " expected "and the arrival of the price of crude to $ 50 a barrel by year - end current. " said Alekperov that" Russian oil companies have adapted so far with the low world oil prices, and that thefailure of the meeting , which was held over the weekend in Doha to agree to install crude production is not adisaster. " There were the Iraqi oil Ministry in 2010 , a contract is final and finally with a consortium ofRussian companies the Norwegian to develop the West Qurna field , the second stage in the province ofBasra , the second licensing round. the West Qurna field , and one of the largest oil fields in Iraq and hasbeen extracting oil from it the first time during the year 1973, experts estimate, according to contain oil reserves of 14 billion barrels.
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