[You must be registered and logged in to see this image.]
Iraq plans to increase exports of the southern fields to 3.5 million barrels per day
BAGHDAD / Reuters - long-Presse
Iraq plans to increase exports of the southern fields to 3.5 million barrels per day
BAGHDAD / Reuters - long-Presse
The Oil Ministry announced, on Wednesday, rising dry gas and liquid production to more than 6,000 Mqmq daily, stressing that thesecurity and economic challenges will not bean obstacle to achieving the goals that serve the oil and gas industry, with introductory information for the program oil loading showed Iraq 's intention to strengthen his fields exports South through next June to three million and 470 thousand barrels per day. the agent said the oil ministry for the gas industry Hamid Yunis , in a statement received "long - Presse," a copy of it, " the national production of gas has risen thanks to the optimum use of gas," adding that "production Dry gas has risen to 1100 Mqmq day high liquid gas to 5000 Mqmq a day. " He said Younis that" what has been achieved in this sector comes thanks to the ambitious plans of the Ministry in theoptimal investment of gas associated with the oil operations of all the oil fields. " He pointed Younis that" increase in production will be reflected positively on the economic and industrial caught up and provides significant revenue the federal treasury through recruitment and conversion scorched energy into useful energy and a surplus for export abroad , "stressing that" security and economic challenges will not shift or an obstacle to achieving the goals that serve the oil and gas industry. " The oil Ministry announced onWednesday (February 10, 2016), the opening of the first phase of gas investment associated gas from Majnoon oil field , 70 million cubic meters per day, pointing to a decline associated gas to 45% burn. The oil Minister Adel Abdul - Mahdi, may announced that the Basra gas company , which was founded in 2012 ispreparing these days for the export of surplus for domestic consumption of natural gas, and liquid gas, and thus Iraq enters for the first time in a growing and sustainable club of gas exporting countries. According topreliminary estimates that Iraq possessed stockpiles estimated at 112 trillion cubic feet of gas, but the 700 million cubic feet of it was burning day and wasted due to lack of infrastructure to deal with it . Iraq and eliminates ranked eleventh among the world 's rich natural gas after Russia and Iran, Qatar, Saudi Arabia and the United Arab Emirates and the United States, Nigeria, Venezuela and Algeria, and of proven reserves with about 112 trillion cubic feet. As introductory information for program - oil loading shown, on Wednesday, Iraq 's intention to strengthen exports South fields, through next June, to three million and 470 thousand barrels per day, the number exceeds one hundred thousand barrels, "standard" rate achieved during November 2015, Basrah, indicating that it may expose Alsnov disparate so crude price pressures in the market Asian. she said the agency (Reuters) in a report I followed ( the long - Presse) that " the export of Iraqi oil in June, will see asignificant increase on average during the May current, as it will be released Iraq nearly 3,000,470 thousand barrels", usually that of "such increase exposing Alsnov disparate ore Basra to price pressures in the Asian market. " According to the agency, that" Basra light crude and heavy may sell at most times of the year thecurrent 2016, competitive bidding at a rate of one dollar lower than the official selling price in the Asian market, boosted by growing demand from countries Asia and the United States. " she told Reuters that" Basra crude heavy constitute most of the projected increase over the next June, at a rate of 900 thousand barrels per day , "arguing that" it is higher than the rate of production Decree current to May, of 645 thousand barrels per day. " and predicted the agency, " The production of Basrah light crude rate stands for June next, when 2,000,570 barrels per day , " and added that it "would be a little more than may , the current production rate of 2,000,440 thousand barrels a day." a spokesman for the oil Ministry, Assem Jihad, may confirmed in a statement that, in the (second from May current 2016), received a (long - Presse) a copy of it, that last April 's exports rose an export record unprecedented in the daily rates of the southern ports , which reached three million and 364 thousand barrels per day. revealed Reuters, the identification of the Iranian Ministry of oil percentage discount on the official sale of heavy crude oil exported to the Asian market worth of$ 1.60 per barrel, as indicated it bigger discount percentage conducted by Tehran in exchange for Iraqi oil and Saudi Arabia since 2007, confirmed that the measure would raise the competitiveness of the acquisition of the largest share of export to Asian markets. She Rotarz, "Iran introduced a percentage discount on the official selling prices for heavy oil for export to the Asian market, for the next month of June , " indicating that " thebigger discount rate of return for Iraqi crude oil prices and Saudi Arabia since 2007." Said a Reuters report, that " the price of oil crude Iran for the month of June will be increased to $ 1.60 discount per barrel , which is less than the rate of the price of crude Oman / Dubai , "pointing out that" this price is less than Saudi crude price by 30 cents, and Basrah light crude supply oil at 20 cents , which will raise the rate compete to acquire a larger share of the export market. " Iran has carried out an amendment to the price of the official crude for the Asian market at the beginning of each chapter, after negotiating with its customers, where the course ofthis year to make three changes for its crude prices for each of the months of March and April and June.landing oil prices, on Wednesday, amid expectations of a gradual increase in oil sands production in Canada after the cessation of some production due to forest fires there while the markets to come under pressure due to the standard crude stocks, particularly in the United States. as prices negatively affected the battle circuit between crude oil producers in the Middle East market share in Asia, offsetting the impact of lower production and the disruption of some of the parts of the world. It was the world London Brent crude traded in the futures price of $ 45.44 a barrel by 0702 GMT , down eight cents above the price at the previous settlement, while contracts fell Futures for WTI US mediator 16 cents to $ 44.51 a barrel. the Bank ANZ said that " the increase recorded by the recent price" curbed receding fears of further production disruptions in Canada at a time when producers are looking forward to return to their operations. " and it began sanding oil companies in Fort McMurray energy Center in Canada to resume operations on Tuesday after it was forced to stop production for a week because of a forest fire out of control.
[You must be registered and logged in to see this link.]
» The Prime Minister is discussing in Paris providing Iraq with specialized radars and combat aircraft
» The Prime Minister is discussing with the delegation of Alstom Transport Company the suspended Baghd
» Prime Minister: We need a new style of relationship with the international coalition, and our financ
» An expert hints at the stability of the dollar at a certain number: two options before the dinar det
» It provides thousands of job opportunities and millions of dollars.. Can Iraq implement the "transit
» Pompeo's memoirs.. Al-Abadi told me: You take my money and Soleimani will take my life
» Iraq gets about $100 million annually from aircraft crossing its airspaceproposals from
» Iraq.. 12 million citizens do not receive 200,000 dinars per month
» 100 dollars for the “hardship” .. This is how the dollar is smuggled after the application of the el
» Iraq wants to buy French Rafale aircraft
» In detail... Iraq and France sign a memorandum of understanding in the field of combating corruption
» Transport reviews the details of a "giant project" linking Iraq with Europe
» Sheikh Jamal Al-Dari: Iraq's signing of the strategic partnership agreement with France is an import
» Legal experts: The Federal Court is unconstitutional and “political tensions” are behind the decisio
» Fouad Hussein: Al-Sudani and Macron did not address the recent Federal Court decision
» “Sales diplomacy.” South Korea strengthens its presence in Iraq and the region’s markets
» Foreign Ministry: Iraq seeks to recover smuggled funds by signing memorandums of understanding
» Parliamentary Finance: The dollar is available in the Central Bank, and banks refrain from buying it
» Al-Samarrai on the Paris Agreement: It represents a transition that the Iraqis have been waiting for
» "Exceptional circumstances" suspend the work of the Iraqi embassy in a European country
» This Is How The Dollar Crisis Was Made.. And This Is How The Sudanese Became! C 2
» 4 parliamentary questions looking for the "secret" of depositing Iraq's money in the US Federal Rese
» Ministry of Commerce: The prices of building materials in our warehouses are fixed and have not been
» Iraqi Kurdistan warns of the "illegal" suspension of funding
» Integrity announces the return of more than a trillion dinars in the investigations of the investmen
» Counselor Mazhar Saleh presents proposals to ensure market stability
» Obelisk Hour: The decision of the Federal Court is implemented retroactively and the money is return
» The Constitution Amendment Committee is fading away amid calls to reduce Parliament to 250 deputies
» The oil and gas law has been faltering since 2008, and the Federal Council is at the center of a dis
» Iraq is outside the group.. Arab countries are classified as a "cultural influence index"
» A leader in the framework: The theft of the century revealed 3 surprises... and 70% of the cases hav
» A leader in the framework: Russia will intervene in resolving the urgent dollar crisis in Iraq
» “The washing continues.” Parliamentary Finance: Exempting the governor of the Central Bank does not
» Kurdish deputy: One goal behind Baghdad's pressure on the oil companies in the region
» After cutting off funds from the region, its president announces: The Kurds are Iraqi citizens
» Al-Sudani in Paris.. Details about armament deals, gas and electricity investments
» Washington surprised Baghdad with the restrictions of the dollar.. A Dutch network talks about "deli
» There is no power over the judiciary other than the law.
» Parliament asks Foreign Minister Fuad Hussein about the reason for depositing Iraq's money in the US
» America calls on Iraq to abide by its sanctions against Iran and to prevent the transfer of the doll
» Sudanese financial advisor offers new solutions to reduce the dollar crisis
» Headed by Al-Halbousi.. Starting a consultative meeting for the Arab Inter-Parliamentary Union
» Prime Minister: We will continue to work for serious partnerships that guarantee Iraq achieving econ
» Adviser to the Prime Minister presents two proposals to ensure the stability of the national market
» Al-Sudani expresses his government's desire to cooperate with UNESCO to implement small and medium p
» Trade: Government movement led by Al-Sudani to control food prices
» Minister of Labor: The Social Research Campaign is the largest in the region
» Saleh: The proceeds of small trades constitute 70% of the total import units
» Resources: Upcoming meetings with the Turkish side and dialogues with Iran on water shares
» The Minister of Electricity explains the reason for the recent decline in supply hours
» Nechirvan Barzani discusses with Erdogan the situation in Kurdistan and Iraq and ways to enhance coo
» Nechirvan Barzani on the anniversary of the liberation of Kobani: The people of Kurdistan will never
» Education determines the number of college schools Iraq needs
» From behind the scenes of the stock exchanges...a specialist reveals 3 types of dollar dealers there
» A great success for the forum of commercial meetings between Iraqi and Qatari companies.
» Within the framework of aid distribution … the Minister of Immigration instructed to provide aid to
» Legal experts: The Federal Court is unconstitutional and “political tensions” are behind the decisio
» The Prime Minister announces the signing of the strategic partnership agreement with Macron
» Al-Sudani appoints Laith Al-Athari as a member of the Board of Trustees of the Media and Communicati
» Judge Jaafar reveals the secrets of theft of the century: Politicians and parties in the previous go
» Al-Halbousi concludes his visit to Algeria
» The industry announces the production of 24 thousand tons of asphalt derivatives and an increase in
» Terrifying.. revealing the toll of mine victims in the Kurdistan region
» Education announces the availability of scholarships for foreign students and seats for non-Iraqis
» Reveal the details of the Iraqi-French agreement
» The stability of the dollar exchange rate in Iraq
» The Ministry of Industry announces the formation of special committees to implement the government p
» Al-Sudani and Macron discuss joint cooperation in a number of vital sectors
» Under the auspices of its Minister, Nizar Amidi, the environment organizes an event to launch the Vi
» Iraq.. Overthrowing more than 1,100 dealers and seizing 22,159 kg of drugs during the current month
» The House of Representatives announces the agenda for the next Saturday session
» An official statement reveals the details of the Sudanese and Macron meeting
» Presidency of the Council hinder the discussion of the exchange rate
» Dollar exchange rates in the Iraqi market
» The most prominent contents of the partnership agreement between Iraq and France
» Analysis: 4 reasons prompted Al-Sudani to demand the survival of US forces in Iraq
» The Iraqi judiciary: the main suspect in the tax secretariat case paid about two-thirds of the money
» After the message of the US Federal Reserve to the Iraqi Central Bank... a new strategy to combat "m
» The Kurdistan region is negotiating with the Iranian opposition parties to stop their activities in
» Economist: 14% for Kurdistan in the 2023 budget, in exchange for the delivery of 150,000 barrels of
» Minister of Labor: We are keen to provide the best services and we do not want to pass poverty on to
» Trade: Government movement led by Al-Sudani to control food prices
» Iraq second.. a list of the countries that import the most from Iran
» Kurdistan Parliament: The decision of the Federal Court will negatively affect the rapprochement bet
» KTFA Wednesday Night CC with Frank26 "Numbers" 1-25-2023
» Al-Halbousi is heading a parliamentary delegation to participate in the meeting of the Organization
» Disclosure of the details of the framework agreement with the Sudanese to dismiss the central govern
» American report: The Kurdistan government allowed the Turkish bombing of its lands as a metaphor for
» Reuters: A close victory for Al-Sudani through a French-Qatari deal worth $27 billionproposals from
» Ina / Al-Jubouri: America considers leaving Iraq as its loss to the Middle East
» Aware / Al-Shammari: Fruitful cooperation between Iraq and Jordan in controlling borders and combati
» State of law: Finance Minister Taif Sami prevented the sending of money to Kurdistan a month ago
» After a day of protests in front of the Iraqi Central Bank.. the dollar prices stabilized at 161 tho
» Integrity opens the file (investment portfolio) between retirement and Qi Card and returns more than
» Al-Dari: We trust Al-Sudanese ability to find "constitutional alternatives" that respect the decisio
» The deputy speaker of the Iraqi parliament calls on the political forces to take a stand on the deci
» A travel ban was issued against the former agent of the Iraqi Intelligence Agency, Ahmed "Abu Raghee
» An analysis detailing the significance of the Sudanese visit to France