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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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    Baghdad is making progress in its negotiations with Tehran to resolve common fields file

    Rocky
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    Baghdad is making progress in its negotiations with Tehran to resolve common fields file Empty Baghdad is making progress in its negotiations with Tehran to resolve common fields file

    Post by Rocky Sat 13 Aug 2016, 3:24 am

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    Baghdad is making progress in its negotiations with Tehran to resolve common fields file


     Baghdad / Hatem Zia-term 

    Revealed the Oil Ministry, on Friday to make progress in the negotiations with the Iranian side to resolve the joint oil fields file, and pointed to the need to be invested those fields in accordance with the agreement between the parties, as predicted increased rates of oil production over the next year in 2017, suggested a US enterprise specialized that recorded Basra 's exports of crude oil during the month of September, an increase of 13% from what was exported in August. 
    he said ministry spokesman Assem Jihad , in an interview (long - Presse) that "Iraq has more than a joint oil field with the neighboring countries," noting that " the joint Committee with Iran have made ​​progress in resolving the files on the subject of the common fields". Jihad said that " the right of the parties to invest in the common fields, but according to an agreement between them , " adding that "international laws provide investment fields shared by a third party gives both parties natural right and by extension every field." The spokesman for the ministry, that "Iraq has invested Badra border field by foreign companies, in addition to afield Bazargan and loose change , so the Iraq touching response to this file , " pointing out that "has been approved with the Japanese loan of two billion and 700 million dollars worth of development Basra field . " . 
    Jihad said that " the ministry hopes to refer the Nasiriyah refinery of 300 thousand barrels a card to one of theinternational companies, as is the case with the refinery in Missan 150 thousand barrels per card, in addition to continuing to work in a project to establish a refinery in Karbala funded by the federal budget and theimplementation of a Korean company , " explaining that " the ministry continues to encourage investment in refineries and continue to develop the existing refineries. " In the same context , said Platts Foundation, theUS, in a statement, I followed the "long" that "high production varieties of Basra light crude and heavy rates, pushing the probability of higher exports of crude during the month of September, to 3.257 million barrels per day, of which the total 97.715 million barrels a month . " , adding that "these figures indicate a rise of 13% compared to August SMN." 
    She Platts, she said that "based on the shipping dates for the month of September data will be exported about 2.324 million barrels per day of class Basrah light crude and 933,333 barrels per day class of Basrah heavy. " 
    she said Platts, said that" the export of August rates will stand at the borders of 2.788 million barrels per day by 2.078 million barrels per day of class Basrah light crude and 710,000 barrels of class Basrah heavy ,"asserting that" the entire oil exports for the month of August will be around 86.415 million barrels. " 
    the Iraqi oil Ministry, said in ( the first of August 2016) exported more than 99 million barrels of oil during themonth of July, valued at 3.74 billion dollars, as revealed that daily exports from the ports of southern Iraq rate more than 3.2 million barrels were up from the month of June, indicated that the price per barrel average of $ 37.7. 
    on his part of operations in the southern oil company Director spokesman Abdul Karim, said in a press statement quoted by the agency (Reuters) American, and I followed the "long", " the international oil companies , including British petroleum (BP) and the British company Lukoil (Lukoil) and Russian company Royal Dutch Shell (Royal Dutch Shell) Dutch to resume investments in the development of Iraqi oil fields projects starting in the second half of the year 2016 and on an ongoing basis." Abdul Karim added that "companies will resume investment seconds in oil projects after a break earlier for reasons dating back to thefinancial crisis and the failure to allocate funds to cover project expenses , " noting that "companies will return a lot of bio - oil projects , which was forced to stop earlier because of falling oil prices and the cuts made ​​by the government dedicated to those projects budget. " 
    Karim stressed that" companies by obtaining the required budgets for the implementation of these projects ,"expected" increased rates of oil production over the next year. " 
    it is said that the three oil companies agreed to spend half the budget they proposed for 2015 to Asttmroha through the second half of 2016 
    and agreed BP to spend $ 1.8 billion to the project Rumaila field , which is run through the year 2016, and had agreed last year in 2015 initially to spend $ 3.5 billion on the project , and was forced to reduce the amount allocated to $ 2.5 billion . 
    the Shell has agreed to spend 742 million dollars after it promised to spend $ 1.5 billion last year, while Lukoil will allocate $ 1.08 billion for its oil after it had been allocated $ 2.1 billion last year.   
    the Iraqi oil Ministry announced on Thursday (June 2, 2016) for talks and discussions with international oil companies to keep Iraqi oil production levels and increase the pace. 
    Iraq is the second largest oil producer in OPEC, and is working with other members of the organization, such as Saudi Arabia, Kuwait, the UAE and Iran, to increase their oil exports during the quarter third quarter of thecurrent 2016, as Iraq is trying to overcome the standard rate of current exports amounting to up to three million and 370 thousand barrels per day, during the next June, Havea so the example of other oil producers in the Middle East to increase their shares in the market ahead of the meeting of the Organization ofpetroleum exporting countries members (OPEC) the beginning of that month.
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