Government reports: plans to achieve a quantum leap in the production and export of oil
8/22/2016 0:00
[rtl] BAGHDAD - Imad emirate is
every indication that Iraq is on the verge of an increase in crude oil production in thecoming period amid limited global demand currently it is there may be a core strategy in the market implications of direct downshift them , including limiting the repercussions of the oil prices on the economy , requiring the
country.
In this affairs , said the economist d. Ahmed Abrihi: The additional demand for crude oil is limited and suggests that Iraq 's oil program will get caught tight market, but the actual output will be editable as to help avoid Iraq 's substantial loss due to lack of suitable investments with actual ones Revenue traded for oil demand growth in the time estimates being affected by the path of growth in developed countries in recent years and the results of the recent international financial crisis.
He Abrihi in an interview with «morning» Do not rely break - ins in the market to absorb Iraq 's oil only on the increase in demand , but to compensate the decline of existing sources of view, and in any case would be Iraq played a major role in the energy markets so that price is no longer completely given from outside , but to decide on theproduction and export a substantial impact on prices when it becomes one of the largest producers of two in the world, and this additional element is of fundamental and strategic implications require preparedness.
he Abrihi to reports that the Ministry of oil and contractual obligations with foreign companies that Iraq started executing the plans lead to a quantum leap in the production and export potential size, and it seems that the harmony of interests between Iraq and the world will help to overcome the difficulties, but it does not stop drilling and construction of wells , but the synchronization logical progressions in programs complementary projects to create sufficient water and systems of storage and topical aggregate and transport networks and pumping and loading docks are all export pipelines are necessary to reach the goals.
He pointed out that the large number of points possible disability had to beware of theslowdown and lag, and require the critical importance of the energy sector in Iraq intensive care all risk geopolitical elements.
He continued apparently the remaining years of the oil program is sufficient to achieve the goals with an abundance of funding, since there is no need to extend the pipeline projects to more than three years on average in the Middle East, and projects reservoirs less than that and projects crude oil development and extraction of gas is not the big ones more than four years.
He concluded Abrihi to say: Iraqi scenario high requires for the development of crude oil to expand technical capabilities and increase the number of employment opportunities and accelerate drilling operations and build adequate storage capacities and the creation of sufficient water to raise the reservoir pressure and the capabilities of high transmission pipeline network down to the stings export deal of flexibility and the surplus that allows maneuvering and therefore we hope the ministries of oil, electricity, industry to prepare cost estimates based on the accounts of sufficient detail and scrutiny of the prices and the available data for similar activities in other countries, that the internal use of oil and gas and energy refineries need to be reviewed, and that economic growth estimates related to the program oil
negligible.
Abrihi ended his speech by referring to US crude subject , saying: global reports have painted a huge picture projected for the US in the oil and gas extraction renaissance of non - conventional sources (Stones shale) containing inside hydrocarbons extracted Ptthagebha or broken, and is now well known that have a broad role in redrawing theenergy map of the world, and its implications in the markets and tracks the international trade of energy, but estimates about the future of non - traditional sources of oil in Canada and the United States is not stable and extracted from the cavities of rocks as well as the adoption of the way the mechanical works of great force and the use ofamounts from great water to drill the wells themselves, that horizontal drilling referred to in international reports is not to search for reservoirs but continue to break up the rocks to extract oil and gas, while the extraction of oil from oil stones oil steel needed to melt the stones in place of compressed to the top and usually this kind be heavy requires extra processors to continue to pay tubes.[/rtl]
[rtl][You must be registered and logged in to see this link.][/rtl]
Today at 4:56 am by Rocky
» utube MM&C 3/26/24 Iraqi Dinar - IQD Update - Strength Dinar - Automation ASYCUDA - World Bank - D
Yesterday at 8:52 am by Rocky
» utube 3/28/24 MM&C Iraqi Dinar - IQD Update - SWIFT - Purchasing Power - Urban Renaissance - Releas
Yesterday at 8:51 am by Rocky
» Al-Mandalawi: Iraq is witnessing competition between major companies...and the House of Representati
Yesterday at 8:49 am by Rocky
» The President of the Republic stresses the importance of the role of programmers in developing the w
Yesterday at 8:46 am by Rocky
» The Minister of Industry and Minerals follows up on the technical and production performance of the
Yesterday at 8:45 am by Rocky
» The Minister of Finance is following up on the field the progress of the newly implemented ASYCUDA s
Yesterday at 8:44 am by Rocky
» Statistics: There are more than 15 million bank accounts in Iraq
Yesterday at 8:42 am by Rocky
» Representative: One paragraph hinders the passage of a general amnesty within the House of Represent
Yesterday at 8:37 am by Rocky
» Parliamentary Finance: “The draft federal budget law will be devoid of new job grades.”
Yesterday at 8:36 am by Rocky
» Parliamentary action to resolve the fate of “food security contracts” in 15 governorates
Yesterday at 8:35 am by Rocky
» 300 factories turned into "iron scrap" in Diyala
Yesterday at 8:34 am by Rocky
» A deputy expects the dollar exchange rate to reach 140 Iraqi dinars
Yesterday at 8:32 am by Rocky
» Al-Yasiri: The American administration is working hard to destroy the Iraqi economy
Yesterday at 8:31 am by Rocky
» Infographic: The highest annual salaries of leaders of Arab countries
Yesterday at 8:30 am by Rocky
» Communications announces that the electronic signature project has reached advanced stages
Yesterday at 8:29 am by Rocky
» Parliamentary Integrity presents a file related to Kuwaiti violations of Iraqi oil
Yesterday at 8:27 am by Rocky
» Parliamentary move to include amendments to Parliament’s internal regulations on the agenda (documen
Yesterday at 8:25 am by Rocky
» The Iraqi President urges the Minister of Finance to expedite the payment of salaries to the Kurdist
Yesterday at 8:23 am by Rocky
» Central Bank of Iraq sales exceeded $251 million at today’s auction
Yesterday at 8:21 am by Rocky
» The Foreign Minister questions the "Iraqi resistance" attacks against Israel: the other side did not
Yesterday at 8:20 am by Rocky
» The Minister of Labor announces progress in the electronic payment system
Yesterday at 8:17 am by Rocky
» Interior Ministry: For the first time, we controlled the smuggling of petroleum derivatives by 98 pe
Yesterday at 8:16 am by Rocky
» International companies offer offers to invest in the Dhi Qar marshes.. What distinguishes them?
Yesterday at 8:15 am by Rocky
» “Tough” comments on interest rates raise the dollar globally
Yesterday at 8:14 am by Rocky
» Iraq is the fifth largest oil supplier to South Korea in a month
Yesterday at 8:12 am by Rocky
» Recovering more than 100 billion as a result of more than 200,000 employees on social welfare
Yesterday at 8:11 am by Rocky
» The Sudanese consultant announces the completion of Baghdad Metro track designs
Yesterday at 8:08 am by Rocky
» Al-Sudani stresses ending the problem of triple-shift schools
Yesterday at 8:07 am by Rocky
» Iraq begins building two new tankers to transport petroleum products
Yesterday at 8:06 am by Rocky
» Forming a council for “competition and preventing monopoly”
Yesterday at 8:04 am by Rocky
» Features of an Iraqi-Turkish agreement regarding the status of the Kurdistan Workers’ Party
Yesterday at 8:02 am by Rocky
» {Al-Buzrajiya} between the hammer of fraud and the power of the owners
Yesterday at 8:01 am by Rocky
» Ministry of Oil: The gas sector is witnessing great development
Yesterday at 7:59 am by Rocky
» An agreement with Britain in the field of securities
Yesterday at 7:58 am by Rocky
» Discussions between Baghdad and Ankara to open a new port
Yesterday at 7:57 am by Rocky
» Trade: About 11 million citizens updated their new card information
Yesterday at 7:56 am by Rocky
» Electronic payment is sustainable growth
Yesterday at 7:55 am by Rocky
» Experts: Iraq qualifies to be an important tourist country
Yesterday at 7:54 am by Rocky
» Amending the Health Professions Law “robs” scientists of the central appointment 3 years after it wa
Yesterday at 6:20 am by Rocky
» Is the “blessings package” that Erbil paid to the citizens of Kurdistan related to the elections?
Yesterday at 6:19 am by Rocky
» Exceeded 5,000 projects.. Allocating 10 trillion dinars to support governorate reconstruction plans
Yesterday at 6:18 am by Rocky
» “His need no longer exists.” Parliamentary Finance confirms the necessity of returning the retiremen
Yesterday at 6:17 am by Rocky
» To communicate with the bases... 12 directives from Al-Sadr, including blocking numbers for non-gove
Yesterday at 6:15 am by Rocky
» In an interview with "Baghdad Today"... an Iranian researcher reveals the importance of Haniyeh's vi
Yesterday at 6:14 am by Rocky
» After it was 63 trillion in 2023... the 2024 budget deficit will rise to 80 trillion dinars
Yesterday at 6:13 am by Rocky
» Parliament reveals the date of the first evaluation of the governors and determines the party respon
Yesterday at 6:11 am by Rocky
» The President of the Republic informs Al-Araji and Al-Basri: Momentum must be mobilized to eliminate
Yesterday at 6:10 am by Rocky
» Can the Federal Court sue others? A legal clarification of its response mechanism to abuse
Yesterday at 6:09 am by Rocky
» Despite promises to soon stop burning gas.. What is the secret behind Iraq renewing the Iranian gas
Yesterday at 6:07 am by Rocky
» Advisor to Al-Sudani: The dollar is on the way to further decline, and 70% of Iraqi traders have ent
Yesterday at 6:06 am by Rocky
» Iraq exported more than 99 million barrels of oil last February
Yesterday at 6:04 am by Rocky
» Barzani “gives good news” to Kurdistan employees: salaries, land, and loan exemptions
Yesterday at 6:03 am by Rocky
» Alia Nassif: Nour Zuhair returned to the port of Umm Qasr to make deals.. An influential Shiite forc
Yesterday at 6:02 am by Rocky
» The Prime Minister announces the movement of nearly 500 stalled projects
Yesterday at 6:00 am by Rocky
» A government strategy to enhance investments.. Iraq is on the verge of a new era of economic develop
Yesterday at 5:59 am by Rocky
» Ranging between 20% and 50%.. The Kurdistan government decides to reduce service fees, customs dutie
Yesterday at 5:58 am by Rocky
» Al-Sudani: The reform approach in the security services is an integral part of reform in other secto
Yesterday at 5:56 am by Rocky
» Everyone in Iraq wants the Sudanese visit to Washington to be successful, even the factions!
Yesterday at 5:55 am by Rocky
» Sources and experts expect the agenda.. in his bag is the Baghdad dollar and the factions’ truce, bu
Yesterday at 5:54 am by Rocky
» The decision to raise gasoline prices arouses the ire of drivers...a reminder of the large demonstra
Yesterday at 5:53 am by Rocky
» Parliamentary services: 3 important hospitals in Baghdad will enter service at the end of the year
Yesterday at 5:52 am by Rocky
» Iraq signs a contract to supply Iranian gas for a period of five years
Yesterday at 5:50 am by Rocky
» Parliament adds a voting paragraph on amending the Penal Code to its agenda
Yesterday at 5:49 am by Rocky
» His political advisor: We are not afraid of Sudanese entering the elections alone
Yesterday at 5:48 am by Rocky
» Parliamentary services explain the reasons for the rise in real estate prices in Baghdad
Yesterday at 5:46 am by Rocky
» Attia, criticizing the government's decisions: "The citizen's feathers will be ruffled without servi
Yesterday at 5:45 am by Rocky
» Parliamentary Communications: Zain Iraq and Asiacell did not pay their debts
Yesterday at 5:44 am by Rocky
» The Governor of Karbala announces the imminent establishment of the largest industrial city in the c
Yesterday at 5:43 am by Rocky
» A government determination to end the issue of displaced persons in the middle of this year
Yesterday at 5:42 am by Rocky
» Iraq buys gas from Kurdistan to generate electricity
Yesterday at 5:41 am by Rocky
» Parliamentary signatures to include an amendment to the internal regulations to decide the choice of
Yesterday at 5:40 am by Rocky
» In Basra.. a demonstration against foreign workers in Iraqi companies (video)
Yesterday at 5:38 am by Rocky
» Al-Samarrai: Presidency of Parliament is an entitlement to the constituents, and calling it a “frame
Yesterday at 5:36 am by Rocky
» Electronic food supplies in 6 governorates... covering 11 million Iraqis and “writing off” about 700
Yesterday at 5:34 am by Rocky
» Corruption of the Ministry of Transport.. Representatives express their surprise at the minister’s s
Yesterday at 5:32 am by Rocky
» The biggest supporter of the invasion of Iraq.. The death of former US Senator Joe Lieberman
Yesterday at 5:31 am by Rocky
» Iraq is ranked “late.” A list of the most and least safe Arab countries for women
Yesterday at 5:30 am by Rocky
» The Council of Ministers exempts the Gulf Interconnection Authority from guarantee fees: it is a gov
Wed Mar 27, 2024 8:48 am by Rocky
» The Iraqi government raises the size of the 2024 budget, and Parliament is “surprised”
Wed Mar 27, 2024 8:46 am by Rocky
» Popular Movement: We have many economic options away from American hegemony
Wed Mar 27, 2024 8:42 am by Rocky
» The Oil Parliament stresses the need to transfer part of the revenues to the producing governorates
Wed Mar 27, 2024 8:41 am by Rocky
» It will cover 14 regions in eastern Iraq.. A deputy reveals the “border electricity” project
Wed Mar 27, 2024 8:40 am by Rocky
» Experts Warn Mass Migration Threatens US Food Security
Wed Mar 27, 2024 8:37 am by Bama Diva
» Al-Fateh: America occupies Iraq through agreements
Wed Mar 27, 2024 8:37 am by Rocky
» Anger in Iraq over a "sudden decision"... and a reminder of a "general strike" that paralyzed the co
Wed Mar 27, 2024 8:34 am by Rocky
» Parliamentary Committee: Parliament is discussing today a decision that “disturbed” the Iraqis
Wed Mar 27, 2024 8:33 am by Rocky
» Ministry of Electricity: Our production will reach 27 thousand megawatts by May
Wed Mar 27, 2024 8:31 am by Rocky
» Diagnosing the “most important” problems in the oil file between Baghdad and Erbil.. What is the rel
Wed Mar 27, 2024 8:30 am by Rocky
» The Iraqi Fiqh Academy and the Sunni Endowment issue a fatwa to pay Zakat al-Fitr
Wed Mar 27, 2024 8:28 am by Rocky
» The National Bank of Iraq continues its digital transformation by launching its new banking system a
Wed Mar 27, 2024 8:26 am by Rocky
» Parliamentary Investment and the Central Bank are discussing the housing initiative
Wed Mar 27, 2024 8:25 am by Rocky
» The Prime Minister announces the restart of 500 suspended projects
Wed Mar 27, 2024 8:23 am by Rocky
» Al-Barti assesses the region's employees: Your salaries are insured and will be paid after resettlem
Wed Mar 27, 2024 8:21 am by Rocky
» Iraqi-American discussions in anticipation of the Sudanese visit
Wed Mar 27, 2024 8:20 am by Rocky
» Iraq and Turkey hold meetings in Ankara to discuss technical issues related to the development road
Wed Mar 27, 2024 8:17 am by Rocky
» A government parliamentary agreement to support budget revenues and governorate allocations for inve
Wed Mar 27, 2024 8:16 am by Rocky
» Oil: The gas sector is witnessing great development
Wed Mar 27, 2024 8:15 am by Rocky
» A Kurdish-French agreement to develop trade and economic relations
Wed Mar 27, 2024 8:13 am by Rocky