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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 exported more than 95 million barrels to 31 global companies in June

    Rocky
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    Iraq exported more than 95 million barrels to 31 global companies in June Empty Iraq exported more than 95 million barrels to 31 global companies in June

    Post by Rocky Tue Jul 26, 2016 4:09 am

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    Iraq exported more than 95 million barrels to 31 global companies in June


     Baghdad / long-Presse 

    The Oil Ministry announced, Monday, that Iraq oil released to 31 global companies in the last June, noting that the financial revenue accruing result rose slightly compared with last May, and in the Basra Governorate Council ,said the Japanese government agreed to lend Iraq $ 2.1 billion to develop the Basra refinery, it was revealed that the loan will be repaid in 40 years and an interest rate of 2%. the South oil company revealed, on Tuesday (21 June 2016), for the export of 3.14 million barrels per day of oil from piers South loading in Basra since the beginning of the month of June , down from the month of May last year. he said ministry spokesman Assem Jihad said in a statement received "long", a copy of it, that " theexported quantities of crude oil has been downloaded by 31 international companies from various nationalities from the ports of Basra and Khor al - Amaya and buoys unilateralism on the Gulf Arab ", adding that" among the companies that have downloaded are American, British, Indian and Chinese. " Jihad said that" the total volume of oil exports for the month of June , according to final official statistics issued by the Iraqi oil Marketing company (SOMO) and producers from Central and South fields amounted to 95 1.3 million barrels. " He continued jihad that" fiscal revenue accruing rose slightly this month compared with last May, reaching 3 billion and 829 million dollars , "noting that" the barrel average (40,178) dollars. " He Jihad that" Iraq has not exported oil from the northern port (Ceyhan) across the Iraqi oil Marketing company (SOMO) because of thelack of commitment to the region 's oil agreement with the federal government. " the oil Ministry announced on the first of July present that oil exports for the month of June amounted to 95,000,265 thousand barrels, noting that the financial revenue rose slightly this month compared with last May. the introductory information for the program oil loading shown in (10 May 2016), Iraq 's intention to strengthen the southern oilfields exports, during the month of June, to three million and 470 thousand barrels per day, the number exceeds by100 thousand barrels, "standard" rate achieved during November 2015, Basrah, indicating that it may expose Alsnov disparate so crude price pressures in the Asian market. in a related development announced the Basra Governorate Council the Japanese government agreed to lend Iraq $ 2.1 billion to develop the Basra refinery, and revealed that the loan will be repaid in 40 years and an interest rate of 2%, as he emphasized that theloan will be invested to establish several projects in the Basra refinery ending in 2020. the chairman of theCommittee on oil and gas Board Shaddad said in an interview to the (long - Presse), " the Japanese government has agreed to give Iraq a loan of two billion and 100 million dollars to implement a number of projects for the rehabilitation of the Basra refinery oil , " noting that " the payment of the loan will be within aperiod of 40 years and an interest rate of 2%." He said Shaddad, that "allocated from the Japanese loan amounts will invest in the implementation of a set of vital and strategic projects in the Basra refinery, will be completed by 2020 , " pointing out that "these projects include hydrogenation gas oil card project of up to 20 thousand barrels per day, and the project cracker unit Catalytic (FCC) , which is the largest of its kind within the liquidation projects. " He said Shaddad, that" these projects are designed to bring production at therefinery to about 4,500 tons of reformulated gasoline, and about 27 thousand barrels of fuel oil, 40 thousand barrels of gas oil hydrogenated day, within the international standards, in addition to the production of 500 tons of liquid gas. " the Iraqi Council of Ministers decided, at the (July 19, 2016), to approve the development of the Basra refinery and add two hydrogenation, and address the Japanese government for a loan for thesecond installment of the project .
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