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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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    Oil Minister calls for openness in the areas of investment for the development of the sectors of pro

    Rocky
    Rocky
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    Oil Minister calls for openness in the areas of investment for the development of the sectors of pro Empty Oil Minister calls for openness in the areas of investment for the development of the sectors of pro

    Post by Rocky Thu 08 Sep 2016, 3:29 am

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    Oil Minister calls for openness in the areas of investment for the development of the sectors of production and distribution of oil derivatives


     Baghdad / term 

    Oil Minister Jabbar and coffee, the first on Monday, to the need to expand the external and domestic investment in the distribution of petroleum products sector areas, and while stressing speed up theencouragement of investment in various important sectors, the oil marketing company "Sumo" announced that Iraq 's production of crude oil during the month of August last reached 4.638 million barrels per day, confirming raise the official selling price for shipments of crude price of Basrah light to Asia 90 cents. 

    a statement by the Ministry of oil has received the "long" version of it, that "Laibi attended the introductory seminar held by the company (SKA) own warehouses and systems export" noting that " the ministry strongly supports the expansion of the implementation of the project warehouses and modern systems and advanced to the export and import of oil derivatives in the Khor Al - Zubair plans." 
    He pointed to coffee to " the importance of the development prospects for domestic and foreign investment in the process of promoting the distribution of oil derivatives and other services sector", stressing that "accelerate to encourage investment in these important sectors. " 
    He called for the coffee to the " great and the rapid opening - up in the investment of all , both the outer areas or domestic investment, especially in the activity of the ministry's production and distribution ofpetroleum products. " 
    the company (SKA) made ​​a detailed presentation to ensure the company 's activity in the field of systems export and import in the docks the port of Khor Al - Zubair fields of technical facilities and support, investment and customs duties, as well as the importance of Cree sidewalks to benefit from the entry of ships mid -pregnancy, lighting systems and fire fighting in accordance with international standards, and the loading ofsafe materials and maintaining the integrity of the raw material. 
    for its part announced that oil Marketing company Iraqi "Sumo", that Iraq 's production of crude oil during themonth of August amounted to 4.638 million barrels a day. 
    she said , "Sumo" in a statement received "long", a copy of which, " the country 's production of crude did not score mentions during the month of August last change , where in one day the number of barrels produced 4.638 million barrels, compared with 4.632 million barrels in July. " 
    she added," the August production is the highest since January , where Iraq pumped 4.775 million barrels aday. " 
    and on the sale of crude oil prices , the company confirmed oil Marketing, it was "raised the official selling price for shipments of crude Basra light price to Asia in October to reach an average price of Khami Dubai and Oman minus $ 1.40 , compared with a discount of $ 2.30 a barrel in September." 
    it was to reduce the official selling price of crude Basra price of light to Europe in October , the price of Brent crude of minus US $ 4.70 per barrel , compared with a discount of $ 3.95 a barrel. 
    as oil prices continued their gains after Russia agreement the largest producers of crude in the world to cooperate and Saudi Arabia to stabilize the oil market , but the failure to take immediate action to curb theproduction limit of gains. 
    rose International benchmark Brent crude futures for delivery in November \ November 22 cents to $ 47.85 a barrel at 0643 GMT , after closing up 80 cents on Monday. 
    the total global measurement raw highest level in nearly a week at $ 49.40 a barrel after Saudi Russian agreement but gave up part of its gains after Saudi energy Minister Khalid al - Falih said there was no need now to install the production, but described the move as a potential favorite. 
    The US markets were closed to mark the workers holiday and then there were not settled US crude for decades October \ October NYMEX delivery. 
    the increased US crude 94 cents to $ 45.38 a barrel, reaching a crude price of $ 46.53 , its highest level since August 30. 
    conducts member states of OPEC and producers outside the informal talks at a later time this month.
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