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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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    Expert: the oil companies do not have assets to sell and the Iraqi market is still attractive

    Rocky
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    • Post n°1

    Expert: the oil companies do not have assets to sell and the Iraqi market is still attractive Empty Expert: the oil companies do not have assets to sell and the Iraqi market is still attractive

    Post by Rocky Wed 30 Nov 2016, 2:54 am

    [size=37]Expert: the oil companies do not have assets to sell and the Iraqi market is still attractive[/size]


    BAGHDAD Journal News 
    confirmed oil expert, that Iraqi oil production market, still a magnet for global companies, ruling out the existence of any internal factor is threatened, wondering information about theintention of oil giant Shell sale of its assets in Iraq because they do not have only adevelopmental contract, and stressing that the Iraqi market promising and attractive to oil companies.
    The Shell spokesman declined in London declined to comment, told reporters, observers said, that Shell is seeking to reduce its portfolio of oil and gas after the acquisition of BG Group, in exchange for $ 54 billion, in a deal that has turned into the largest trade LNG in the world.
    The oil expert Hamza Jeweler, in the interview (Il Giornale), said that "Shell has a major holding in licensing rounds, a contract to develop the Majnoon field, and has a non - active posts, with the companies, and other fields as a partner is asleep." 
    He pointed out that "Shell has a contract with the Basra Gas Company, and that the mind isstill going on sticking by Shell."
    He said the jeweler, " The Iraqi market is still promising and attractive for the oil companies, and so the decision is not linked to any internal Iraqi scientist, an alternative that many international companies filed requests in the licensing round , which had already been announced by the Ministry of Oil and then abolished. 
    And that "Shell does not have a fixed financial assets in Iraq in order to sell them, because the contract is not a contract post but just a contract to develop . They have held will sell andwill not get to meet a lot of money."
    He explained that "Under the contract, Shell win up dollars a barrel after paying the development costs, and this amount is met for about 300,000 barrels, is the production, which contributed Shell raised it in the Majnoon field size, and this is a pittance for this global company in exchange for the high costs paid by" .anthy
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