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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: 40 global companies, including American City Bank want to funded pipeline Basra - an obstacle

    lonelyintexas
    lonelyintexas
    lonelyintexas
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    Posts : 4285
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    • Post n°1

    Oil: 40 global companies, including American City Bank want to funded pipeline Basra - an obstacle Empty Oil: 40 global companies, including American City Bank want to funded pipeline Basra - an obstacle

    Post by lonelyintexas Thu 04 Jul 2013, 12:32 pm

    Oil 40 global companies, including American City Bank want to funded
    04/07/2013
    Range Press / Baghdad

    Announced that the Iraqi Oil Ministry on Thursday, the pursuit of U.S. lending bank (Citigroup) to finance the oil and gas pipeline which plans for dual to the Jordanian port of Aqaba, indicating that it had received bids from 40 other global companies willing to implement the project and its financing.
    Deputy Director General of Oil Projects Company, spokesman Balm behind, according to the report site Bloomberg News economic, Bloomberg, today, and seen by (range Press), "The Iraqi government is working to create the pre-qualified companies to carry out acts pipeline export of oil and gas that passes through the center of the town of Haditha (120 km west of Ramadi, capital of Anbar province, 110 km west of Baghdad), extending to the Jordanian port of Aqaba, overlooking the Red Sea, "noting that" the 40 international companies submitted bids for the implementation of the project and its financing. "
    Khalaf added, that "the American City Bank Citibank, was among the companies that submitted bids in this regard," noting that "the ministry has received many offers from banks and Russian companies and a South Korean, Japanese, Italian, Chinese and German to win the project."
    The Deputy Director-General for Oil Projects Company, expressed the hope that "can pipe crude oil planned duration of the port of Aqaba, the transfer of one million barrels per day, including 150 thousand barrels for domestic consumption Jordan and the rest for export," he continued, as "it is hoped that conveys gas pipeline 252 million cubic feet per day, of which 100 million for Jordan. "
    He pointed behind, that "the government is also planning to announce a separate project from the same network extends from Basra, (is its center, 590 km south of Baghdad), to modern," pointing out that "it will ask the international agencies wishing to implement this project progress their offers the end of the year 2013 Current. "
    The Executive Director of the Bank branches City American in Iraq, Jordan, Syria, Mayan owner, said earlier, the bank lending the U.S. Citigroup, also plans to open branches in Iraq to invest capital up to a trillion dollars spent on infrastructure projects in Iraq.
    The Iraqi oil minister, Abdul Karim and coffee, said at a press conference in Vienna (X of December 2012 the past), that Iraq is seeking to discuss with the international oil companies to create pipelines to export one to transport oil to the port of Aqaba in Jordan, and the other to Syria, expected to take to create these tubes three years.
    Also mentions that Iraq is currently ship oil to Jordan using trucks where movement of about 10 thousand barrels per day constitute only 10 percent of Jordan's needs as well as 100 thousand barrels of oil to Jordan in (the 27 of November 2012 the past).
    The newspaper Financial Times of London, quoted a statement from the Bank City, in (24 June 2013), that Egypt City American open an office in Baghdad to become the first U.S. bank expands its services to include Iraq, betting in his step these economic opportunities long-term in the country's rich oil.

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