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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Stop threatening refinery in Karbala and five thousand workers and continue to require $ 3 billion

    Rocky
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    • Post n°1

    refinery - Stop threatening refinery in Karbala and five thousand workers and continue to require $ 3 billion Empty Stop threatening refinery in Karbala and five thousand workers and continue to require $ 3 billion

    Post by Rocky Tue Dec 27, 2016 4:38 am

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    Financial crisis threatens to halt the project refinery in Karbala
    Stop threatening refinery in Karbala and five thousand workers and continue to require $ 3 billion


    Author: AB, TT 
    Editor: AB, BK 
    12.27.2016 00:19 
    Number of Views: 1682


     
     
    Long-Presse / Krla
    Karbala Council, revealed near the stop work project refinery in Karbala by the Korean executing the company not to the central government's commitment to fund the project, and called on Baghdad to pay $ 3 billion for the company to enable it to continue to work, as warned of the impact of the project stopped on the economy and threatened for more than five thousand workers .
    The deputy chairman of the Council Ali al-Maliki said in an interview to the (long-Presse), said that "implementing the refinery in Karbala oil Korean company informed the Council of its intention to suspend work on the project, the lack of financial cover for its work by the Iraqi government", criticizing "the reluctance of the federal government to provide funds for the project and not granting the Korean company executing their financial dues. "
    Maliki said that "the cost of the project amounting to six billion dollars and that the company had not received executed so far only $ 600 million only," calling to "give the company three billion dollars at a minimum to enable them to continue working."
    The Vice President of the Karbala Provincial Council, said: "It is hoped the project was completed early next year in 2017, but lack of funds caused delaying," noting that "the suspension of the project could cause unemployment of thousands of Iraqi workers and damage to the preservation and Iraq in general."
    The ship giant (Happy Star) which carried six pieces of great record volumes imported to calculate refinery in Karbala had docked, on 22 December 2016, in the port of Umm Qasr to come from South Korea, which included four pieces, each weighing 664 tons, and two pieces up one of them weight to 125 tons, while fragment length per 65 m, width and height 20:00 12:00 and 20 cm reached, while unloading with great interest and high accuracy of the process took place Aissalhma to the beneficiary in peace.
    For his part, Chairman of the Committee on Energy and Fuel in the Karbala Provincial Council Reza Silawi, in an interview to the (long-Presse), "The federal government is that forwarded the draft refinery in Karbala oil on a coalition of Korean companies, which is responsible for funding," noting that "funding for the project is being South Korea to grant the equivalent of $ 100 million of crude oil per month, to convert his money accrued to the company executed. "
    Silawi said, that "the decision to continue granting oil to Korea has not been decided so far by the federal government," pointing out that "executing the Korean company for the refinery would halt work on the project early next month."
    Sailawi promised, that "it would damage the national economy as well as the demobilization of five thousand workers from Karbala and other provinces."
    The Committee on Energy and fuel in the Karbala Provincial Council, has stressed in (the 27 of November 2016), that the financial crisis caused by the interruption of the project drained the governorate (108 km south of Baghdad), the station Korean Aldezlat, and as pointed out to seek the Oil Ministry to transmit part the remainder of the project investment, the Ministry of Electricity accused of "a lack of strategic solutions" to the problem of energy shortages, and "deficit" for improving production.
    The Committee on Oil and parliamentary power, has criticized the (13th November 2016), "high cost" of the project refinery in Karbala oil, amounting to six billion dollars, while the accused invested for the project Korean companies seeking to reduce the implementation cost at the expense of specifications, threatened to " Accounting officials involved with corruption. "
    The Iraqi Oil Ministry, has occurred in (22 February 2014), a contract to establish a refinery in Karbala oil with a coalition of four Korean companies worth a total of more than six billion dollars, while attended the signing of the contract of former Prime Minister Nuri al-Maliki and Vice President for Energy Affairs Hussain al-Shahristani ceremony and oil Minister Abdul Karim and coffee and Higher Education Ali al-Adeeb Korean ambassador in Baghdad.
    The coalition of four Korean companies, has announced (the 19 of February 2014), winning a contract to build an oil refinery in Karbala with a value of 6.04 billion dollars, as he emphasized that the refinery capacity to refine 140,000 barrels per day, and the duration of the establishment will take 54 months. It is noteworthy that the two Hoendaa harmonious possess 37.5% of the shares in the project with the company's claim GS possessing the same amount of shares with SK Corporation for construction on 25% of the shares.

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    Rocky
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    • Post n°2

    refinery - Stop threatening refinery in Karbala and five thousand workers and continue to require $ 3 billion Empty Hyundai threatening to stop work at the refinery in Karbala to Baghdad not to fulfill promises

    Post by Rocky Wed Dec 28, 2016 3:44 am

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    Hyundai threatening to stop work at the refinery in Karbala to Baghdad not to fulfill promises


     Karbala / long-Presse 

    Karbala province sent warnings to the central government is a coalition of threatening the Korean company Hyundai discontinuation of Karbala Bmcefy oil because of the failure to accord their financial dues. 

    The deputy head of the Karbala Provincial Council, Ali al - Maliki, in his speech for the (long - Presse), " The coalition executed a refinery in Karbala oil Korean companies of the Provincial Council was informed that it would stop work on the project for non - receipt of funds by the Iraqi government", criticizing " the reluctance of the federal government providing funds needed for the project and not to grant the Korean company executing their financial dues. " 
    "The cost of the project amounting to six billion dollars and that the company had not received executed so far only $ 600 million only," calling to "give the company three billion dollars at a minimum to enable them to continue working." 
    The Vice President of the Karbala Provincial Council, said : " It is hoped the project was completed early next year in 2017, but lack of funds caused delaying , " noting that " the suspension of the project could cause unemployment of thousands of Iraqi workers and damage to maintain." 
    For his part, Chairman of the Committee on Energy and Fuel in the Karbala Provincial Council, Reza Silawi, in an interview to the (long - Presse), " The federal government has forwarded the draft refinery in Karbala oil to a coalition of Korean companies and is responsible for its funding , " noting that "funding for the project is being grant South Korea 's equivalent of a hundred million dollars of crude oil per month to convert the money accrued to the company executed. " 
    He said Silawi, that " the decision to continue granting oil to Korea has not been decided so far by the federal government , " pointing out that " the Korean company executing the refinery would halt work on the project early next month, what harms the national economy as well as the demobilization of five thousand workers from Karbala and other provinces ". 
    Meanwhile, a source in the coalition , the Korean company said, " The percentage of completion of the project planned 40% but the actual of 20% and that the main reason for the decline in the project implementation of the economic crisis and lack of government funding , which affected the project wheel , " pointing out that " the total cost of the project is six billion and reached now is worth $ 290 million and after negotiations with the federal government and the oil ministry under which it was agreed to pay part of the contract value through oil shipments to the coalition of the port for the project. " 
    The source added that " the project is huge and offers a grand strategy for the province of Karbala and its neighboring provinces services and will contribute in the event of full production capacity operated to provide 11 kinds of types of oil derivatives to the citizen while Iraq imports annually worth $ 4.5 billion from various petroleum products and refinery will reduce this number to exactly half , "explaining that" financial liquidity directly affected about the project on the wheel. " 
    The coalition Korean company intercede with the number of members of the House of Representatives for the province of Karbala to end the financial problem by addressing the Prime Minister Haider al - Abadi, but so far the problem is still continuing. 
    The Iraqi Oil Ministry, has occurred in (22 February 2014), a contract to establish a refinery in Karbala oil with a coalition of four Korean companies worth a total of more than six billion dollars, while attended the signing of the contract of former Prime Minister Nuri al - Maliki and Vice President for Energy Affairs Hussain al - Shahristani ceremony and oil Minister Abdul Karim and coffee and Higher Education Ali al - Adeeb Korean ambassador in Baghdad. 
    The coalition of four Korean companies, has announced (19 February 2014), winning a contract to build an oil refinery in Karbala worth 6.04 billion dollars, as he emphasized that the refinery capacity to refine 140,000 barrels per day, and the duration of the establishment will take 54 months. It is noteworthy that the two Hoendaa harmonious possess 37.5% of the shares in the project with the company 's claim GS possessing the same amount of stocks with SK Corporation for construction on 25% of the shares.
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