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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 sells more than 99 million barrels to 33 global companies in the month of May

    rocky
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    • Post n°1

    Iraq sells more than 99 million barrels to 33 global companies in the month of May Empty Iraq sells more than 99 million barrels to 33 global companies in the month of May

    Post by rocky Wed 22 Jun 2016, 4:03 am

    Iraq sells more than 99 million barrels to 33 global companies in the month of May

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     Baghdad / term 

    The Oil Ministry announced, on Tuesday, it issued more than 99 million barrels of Iraqi oil exports for the month of May, noting that revenue amounted to 3 billion and 748 million dollars, with Amec Foster Wheeler British Company announced access to sub - contract by BP in BP in the Rumaila oil field, pointed out that the contract is the Convention on the framework - running three years. 
    a spokesman for the oil Ministry , Assem Jihad , in a statement received "long", a copy of it, that "according to the final statistics released by the Iraqi oil Marketing company (SOMO), the total quantities exported for the month of May and producers from Central and South fields amounted to 99.2 million barrels , "pointing out that" the exported quantities has been downloaded by 33 international companies from various nationalities from the ports of Basra and Khor al - Amaya and buoys unilateralism on the Arabian Gulf. " 
    Jihad said that "fiscal revenue accruing seen a rise for the month compared with the previous months of this year, reaching 3 billion and 748 million dollars , " pointing out that " the price of a barrel average of $ 37,782."
    Jihad explained that " the oil quantities were exported from the southern ports Basra, while not issued from the northern port (Ceyhan) across the Iraqi oil Marketing company (SOMO) because of the province 'scommitment to the oil agreement with the federal government. " 
    for its part the South oil company revealed exported 3.14 million barrels per day of oil from piers South loading in Basra since the beginning of this June, down from last May. 
    official of the southern oil company said in a press statement followed up (range), " the rate of oil exports since the beginning of June , and from docks South loading in Basra stood at 3.14 million barrels per day , " noting that "exports June rate registered a decline for the month of May, reaching 3.2 million barrels per day."
    He attributed the charge, the low rate of exports to the "maintenance and weather acts , " expected "export daily previous levels , rates of return in the event of the completion of the ongoing regular maintenance on facilities operations various loading at the port. " 
    the preliminary information for the program oil loading shown on 10 May 2016, Iraq 's intention to strengthen the southern oilfields exports during June , and , to the three million and 470 thousand barrels per day, the number exceeds by 100 thousand barrels," standard rate " achieved through November 2015, Basrah, indicating that it may expose Alsnov disparate so crude price pressures in the Asian market. 
    in a related development Amec Foster Wheeler UK announced access to sub - contract by the company BP BP at the Rumaila oil field. 
    the head of Amec Foster Wheeler Consulting Engineers, Roberto Pino, in a press statement, I followed ( thelong - Presse), that "his company got a sub - contract, in the Rumaila oil field in Basra province, is theConvention on the framework - running three years , " noting that " the contract he was granted by the British company BP British BP in Iraq. " 
    He added Pino, that" the contract is required Amec Foster, to complete the extensive engineering studies and pre - engineering designs aimed to support the Petroleum British company plans to maintain production rates ,"noting that" the company will focus on implementation of engineering studies for the facilities and infrastructure necessary to sustain oil production momentum and Zaardth in the Rumaila field. " 
    He continued Pino, said that" the company made ​​a series of studies on the Rumaila oil field , dating back to the year 2010 , "pointing out that" the framework of the current labor agreement that we have with British petroleum ( BP) to prove the importance of experience in the preparation and implementation of engineering designs to support the production of good and our record in Iraq. " It is 
    noteworthy that five foreign companies are investing oil fields of Rumaila, West Qurna and Zubair through licensing rounds , signed by the companies with the Iraqi government to increase its oil production contracts, the most prominent of these companies are Shell, and British Petroleum (pb) British, and Petrojaynh China, and Russia 's Lukoil. Oil prices have fallen, on Tuesday, after strong trading over two days in light of increased volatility in part because of anticipation referendum conducted by Britain this week, determines whether emerge from the European Union or not. 
    Also led media reports Nigerian government signed an agreement to stop shooting 30 days with the "hard -liners" who caused the attacks in the reduction of the country 's exports of crude oil to the market downturn ,which has already improved on the back of supply disruption. 
    It was the World London Brent crude traded in the futures August \ August delivery at $ 50.23 a barrel , down 42 cents a barrel, and increased the contract by more than six per cent compared with the settlement on Thursday after falling ten per cent in the previous six sessions. 
    the decline in US crude futures in July \ July 45 cents delivery to $ 48.92 a barrel, and futures fell in August \ August , the most actively traded delivery 40 cents to $ 49.56 a barrel, the contract rose nearly 3 percent to $ 49.96 a barrel on the settlement Monday.
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