Posts Tagged ‘iraqi oil’

Abdul-Mahdi is expected to stabilize oil prices above $ 70

Abdul-Mahdi is expected to stabilize oil prices above $ 70

12/22/2014 15:13 GMT

Follow-up – and babysit – predicted oil minister Adel Abdul Mahdi, on Monday, the stability of oil prices above $ 70 per barrel the middle of next year, with likely that Iraq produces four million barrels per day in 2015, expected to start work on a final agreement with the Kurdistan region on the export of oil In a matter of weeks.
Abdul-Mahdi said that “the Iraqi Kurdistan export of crude oil will continue Read more…

Abdul-Mahdi: Total oil production will reach four million barrels per day

Abdul-Mahdi: Total oil production will reach four million barrels per day

12/21/2014 eight past two p.m.

{Baghdad: Euphrates News} Oil Minister Adel Abdul-Mahdi said on Sunday that “Iraq’s total oil production will reach four million barrels a day, after Baghdad reached agreement on exports with the Kurdistan region.
Said Abdul-Mahdi, in a speech before the OPEC conference, which opened today in Abu Dhabi that “the Baghdad government reached a tentative agreement with the Kurdistan Regional Read more…

Abadi writes an article in the “Wall Street Journal” about the possibility of defeat Daash and requirements

Abadi writes an article in the “Wall Street Journal” about the possibility of defeat Daash and requirements

December 20, 2014 19:17

(Independent) … the deployment of the Iraqi prime minister, Haider al-Abadi, an article in the newspaper “The Wall Street Journal,” the US about the possibility of defeat “Daash” and requirements that must be available for the challenge of security, stability and consensus within Iraq.

Ebadi said in his article, seen by (independent) on Saturday said that “Iraqis are Read more…

Abadi government intends to borrow from the International Monetary Fund

Abadi government intends to borrow from the International Monetary Fund

20-12-2014 12:17 AM

Parliamentary Finance Committee revealed, for the government’s intention to borrow $ 5 billion from the International Monetary Fund, but the central bank pressed further ‘expenses pressure’ before heading to external borrowing.
He said the Commission’s decision, MP Ahmed Rashid flesh, that: the Government intends to address the large proportion of the deficit, due to lower oil prices, through the use of internal Read more…

Abadi economic adviser: Iraq is losing one billion dollars annually because of falling oil prices

Abadi economic adviser: Iraq is losing one billion dollars annually because of falling oil prices

Posted 19/12/2014 09:54 AM

Stressed the economic advisor to the Prime Minister, Haider al-Abadi, a Friday, that Iraq is losing more than a billion dollars a year with each drop of $ single in the price of a barrel of oil, which issued, while the predicted price is not less than 55. The rate of $ 60 a barrel, most likely possibility rise and decline of the future role of the oil-producing companies from non-traditional sources.

The US crude and Brent crude prices have jumped simple unrealized gains Read more…

United Nations agree to Iraq’s request to postpone the payment of compensation to Kuwait

United Nations agree to Iraq’s request to postpone the payment of compensation to Kuwait

Posted, 19 December / 1 December 2014 20:29

[Follow-where]

The United Nations announced it had agreed to Iraq’s request to postpone the amount paid the final installment of compensation to Kuwait for a period of one year.

According to a statement received by all of Iraq [where] a copy of the “Council of the United Nations Compensation Commission under the chairmanship of Read more…

Differences Baghdad and Erbil renewed and threatens to derail the implementation of the oil agreement

Differences Baghdad and Erbil renewed and threatens to derail the implementation of the oil agreement

18-12-2014 07:22 AM

Baghdad Safaa Abdel-Hamid
It was not one month, the agreement between the government in Baghdad and the Kurdistan Regional Government on the oil file, even kinder to the new arena otherwise, may adversely affect the application of the terms of the agreement, contract or hinder other agreements expected between the two sides in the next phase. In a sign of disagreement between the two sides accuracy, drew Read more…

Finance Committee exclude the adoption of the budget in 2015 before the end of this year

Finance Committee exclude the adoption of the budget in 2015 before the end of this year

December 15, 2014, 16:15

BAGHDAD – ((eighth day))

Ruled the parliamentary finance committee member Jabbar Abdul Khaliq approve the 2015 budget before the end of this year.

Said Abdul Khaliq told ((eighth day)): The adoption of the general budget for 2015, the project has not been voted on by the end of this year.

He added that the adoption of the budget needs to be more than a month for a vote after the sending of the prime minister to the House of Representatives Read more…

Deputy for the National: Iraqi dinar will remain constant even if oil prices fell

Deputy for the National: Iraqi dinar will remain constant even if oil prices fell

Monday, December 15/ December 2014 08:08

[Where BAGHDAD]

Deputy for the National Alliance, said the Iraqi dinar exchange rate will remain steady despite a decline in crude oil prices.

He said Furat al-Tamimi told all of Iraq [where] that “fixed central bank reserves because the government did not resort to drag him”, adding that “any attempt to resort to borrowing from the central bank will certainly affect the price of the Iraqi dinar.”

He explained that “in the absence of borrowing from the central bank governor of the dinar would definitely stay on the exchange rate, even if Read more…

Parliamentary Finance: Financial crisis in Iraq will end within a year

Parliamentary Finance: Financial crisis in Iraq will end within a year

14/12/2014 20:18

Tomorrow Press / Baghdad confirmed the Finance Committee member Ahmed flesh, Sunday, that Iraq’s budget dropped to nearly 50% from last year’s budget, so as to lower the price of oil from $ 150 to $ 50.
He explained his flesh for “tomorrow”, that “this does not mean that Iraq is up to the extent that it went through in times of siege and times of the extinct”, stressing it was “necessary and temporary and will not last Read more…

Lower oil to push the government to fight corruption and reduce the size of spending

Lower oil to push the government to fight corruption and reduce the size of spending

14/12/2014

BAGHDAD / JD / .. Payment decline in global oil prices, the Iraqi government to what has failed predecessors in the fight against rampant corruption in the joints of the state and reduce the size of government spending.
The Prime Minister said Haider Abadi, a few days ago: “We have started the large whales in the fight against the corrupt and draw a cautionary message to anyone who takes a salary without right”, and confirmed that he would go ahead with his campaign that “even if it cost me is my life because corruption is no less dangerous than terrorism.” .
The action comes after Abadi this drop in oil prices to below Read more…

Deputy warns of “catastrophe” if the cabinet approved the budget today with falling oil prices

Deputy warns of “catastrophe” if the cabinet approved the budget today with falling oil prices

Sunday, December 14 1 / December 2014 07:41

[Baghdad-where]

Warned the MP for the National Federation of powers, which he described as “a disaster” if the Council of Ministers approved the financial budget for 2015 in the event of world oil prices continued to fall.

He is scheduled to hold a cabinet meeting on Sunday to discuss the budget, according to the announcement by Finance Minister Hoshyar Zebari said last Friday.

Mohammad al-Karbouli told all of Iraq [where] that “the delay in approving Read more…

Khalilzad: Baghdad may ask the Kurds to accept a confederation after the payment of oil bills

Khalilzad: Baghdad may ask the Kurds to accept a confederation after the payment of oil bills

December 13, 2014, 14:03

BAGHDAD – ((eighth day))

Said Zalmay Khalilzad, former US ambassador to Iraq, said the United States made a mistake by withdrawing from Iraq, in what was considered that the Kurds in Iraq, if they can pay their bills from oil revenues, the Iraqi government has accepted Boutrham Confederation.

Khalilzad said in an extended interview that the United States made a mistake Read more…

Parliamentary Finance hosts Zebari tomorrow to discuss the budget in 2015

Parliamentary Finance hosts Zebari tomorrow to discuss the budget in 2015

Saturday, December 13, 2014 16:46

BAGHDAD / Baghdadi Uz..aalnt the parliamentary finance committee, on Saturday, all hosted by Finance Minister Hoshyar Zebari on Sunday to discuss a number of issues pertaining to the budget next year in light of the decline in oil prices, as pointed out that the Commission will present a number of proposals and measures that will contribute to to go beyond the economic crisis experienced by Iraq.
Said committee member Majda al-Tamimi in an interview / Baghdadi News / “The committee will host on Sunday Zebari in the House of Representatives to Read more…

Iraq is seeking to postpone the second installment of compensation to Kuwait

Iraq is seeking to postpone the second installment of compensation to Kuwait and Aazzoa reason to war with Daash and lower oil prices

12/12/2014 14:25

Awan / Baghdad
Confirmed Iraq, Friday, seeking to postpone the final installment of compensation Kuwait, amounting to $ 4.6 billion, and attributed the reason to cash faced because of lower oil prices and the war with Daash crisis, as he emphasized that the discussions in this subject are still ongoing with Kuwaiti officials.
He said Finance Minister Hoshyar Zebari told Reuters briefed by “time”, said that “Iraq is seeking to postpone the final installment of Kuwait, amounting to Read more…

Baghdad’s intervention in the raging price war between major oil producers and reduce oil prices

Baghdad’s intervention in the raging price war between major oil producers and reduce oil prices

Posted 12/12/2014 10:50 AM

Indicators increased that the Iraqi oil industry is moving to a new stage entitled to increase production at any price, to grab a larger share in the global market, in light of the demise of most of the obstacles that have hampered the increase in production, especially after the conclusion of an agreement to settle all disputes with the Kurdistan region.

The Iraqi government has entered the raging price war between major oil producers this week by announcing Read more…

Economic expert warns the government of manipulating stocks, Central Bank

Economic expert warns the government of manipulating stocks, Central Bank

11/12/2014 12:46

Information / special / .. warned an economic expert safety Smesim, on Thursday, the Iraqi government to withdraw any money from the central bank stocks, saying it would lead to the collapse of a large currency Mahlah.oukalt Sumaisem told / information / that “Iraq is going through a financial crisis significant result of the decline in world oil prices, which came in a game of America and some of the Gulf states, and this is what it may spur the government to try to withdraw money Read more…

Turkey announces start buying Iraqi oil from Baghdad and Erbil

Turkey announces start buying Iraqi oil from Baghdad and Erbil

Thu, December 11 1 / December 2014 16:06

[Follow-where]

Turkey announced on Thursday, to start buying crude oil from Iraq.

He said Turkish Energy Minister Taner Yildiz said in press statements during an energy conference that “the Turkish oil refiner Tupras began to buy shipments of Iraqi crude.”

And that “the Turkish purchases of Iraqi oil will come from the Read more…

IMF: Iraq’s economy for the next year to grow at a rate of 2% with the increase in the production of oil exports

IMF: Iraq’s economy for the next year to grow at a rate of 2% with the increase in the production of oil exports

Wednesday, December 10, 2014 17:39

BAGHDAD / Baghdadi News / .. signed the International Monetary Fund and the growth of the Iraqi economy over the next year in 2015 at a rate of 2% {} with the increase in oil production and increase its exports supported the agreement, which was recently between the governments of the Read more…

IMF: Iraq’s economy to shrink only 0.5% in 2014

IMF: Iraq’s economy to shrink only 0.5% in 2014

10/12/2014 12:09 GMT

BAGHDAD – and babysit – The International Monetary Fund, said that “it is expected to shrink Iraq’s economy, which depends mainly on oil 0.5 percent this year,” which is much lower than the previous forecast of the Fund two months ago contraction of 2.7 percent.
Fund attributed the decline in output to rise to organize an Islamic state in northern and western Iraq, but it seems that Read more…