Posts Tagged ‘iraqi oil’

Shahristani: we will take action in the event of oil has been exported outside the framework of Sumo

Shahristani: Iraq’s fifth-largest oil reserves in the state and we will take action in the event of oil has been exported outside the framework of Sumo

29-01-2014 06:12 PM

London (news) … Deputy Prime Minister for Energy Hussain al-Shahristani that ‘Iraq’s fifth-largest country in the world in gas reserves Tabieibaanaati an estimated 150 billion barrels’. confirmed al-Shahristani, in a press statement received Agency (news) a copy of the ‘oil reserves in the Middle East and North Africa beyond 1.2 trillion barrels, and this means that half of the Read more…

OPEC declares its readiness to accommodate increased Iraqi oil exports

OPEC declares its readiness to accommodate increased Iraqi oil exports

Tuesday, January 28th, 2014 11:06

Baghdad / follow Baghdadi News / detect the Secretary General of the Organization of Petroleum Exporting Countries “OPEC” Abdullah al-Badri, on Tuesday, said the organization will absorb about Iraq’s production, which is expected to raise its production and export, as well as both Iran and Libya.
It was Iraq, recently announced that it is seeking to increase Read more…

Barzani: Baghdad government to deal with the province in the same mentality of the previous regime

Barzani: Baghdad government to deal with the province in the same mentality of the previous regime

1.27.2014 4:19 p.m.

{Arbil: Euphrates News} The head of the Kurdistan Regional Government, the outgoing Barzani that “the Baghdad government is still dealing with the mentality of the provincial governments, as was the previous IE handles the former regime buried us.”
The Barzani, in a speech today in front of members of the Kurds in the Iraqi Council of Representatives and members of the Kurdistan Parliament in Arbil that ‘the federal government deals with the Kurds in the same Read more…

Final statement of the Conference of Basra and includes a claim of Parliament not to ratify the budget

[Where] published the final statement of the Conference of Basra and includes a claim of Parliament not to ratify the budget

Saturday, 25 December / 2 January 2014 14:15

[Basra – where]

Student Conference oil-producing provinces, which was held in the province of Basra today in his closing statement, the House of Representatives not to pass a bill to the budget for fiscal 2014, and return it to the federal government to include the amount of five dollars.

He had been held in the province of Basra on Saturday, a conference attended by governors and officials of a number of provinces in addition to Read more…

Next week .. Meeting in parliament to start budget legislation

Next week .. Meeting in parliament to start budget legislation

1/23/2014 0:00

Claims to stay away from the center of the political history
Baghdad – Basra – Muhannad Abdul Wahab – Saad Al-Sammak
“Al-Sabah” that next Tuesday will see a meeting of the Presidium of the Council of Representatives and the heads and representatives of parliamentary blocs to discuss the general budget bill before the start legitimizes.
comes at a time in which he called deputies to the need to leave the Read more…

Maysan Council threatens to stop exporting oil to maintain if not paid sums of petro $ 5

Maysan Council threatens to stop exporting oil to maintain if not paid sums of petro $ 5

Tuesday, 21 January 2014 15:26

[Maysan – where]

Council threatened Maysan province on Tuesday to stop the export of oil produced from the fields to maintain in the absence of the federal government to grant full allocations project petro $ 5. The Minister of Finance and serenity net debt agency said that “the law in force, which ensures that the share of oil-producing provinces, gas, and this is her right, but because of Read more…

Uday Awad: the time is right to impose economic sanctions on Turkey and the Kurdistan region

Uday Awad: the time is right to impose economic sanctions on Turkey and the Kurdistan region

01/20/2014 14:38

Tomorrow’s Press / Baghdad: A member of the Commission on oil and energy parliamentary Uday Awad, on Sunday that the government by obtaining approvals of international economic sanctions on Turkey and the Kurdistan region, noting that the time is right in lost international support witnessed by Iraq in its war against al Qaeda. said Awad ” Tomorrow’s Press, “said that” oil wealth belongs to the Iraqi people, wherever they are, whether in the north or the south of Iraq does not specify a Read more…

120 deputies are threatening to derail the budget .. South and angry Maliki to cancel the new petro-dollar ratio

120 deputies are threatening to derail the budget .. South and angry Maliki to cancel the new petro-dollar ratio

01.20.2014 (0:01 pm)

 Baghdad / Mohammad Sabah

Facing the federal budget for the year 2014 objections unprecedented, having described the way passed the House of Representatives as a “trapping” bear the responsibility of the government alone. The talk among the parliamentary collision budget mass parliamentary estimated 120 deputies, led by representatives of the central and southern governorates in addition to the masses of the Kurdistan Alliance and Read more…

Baghdad and Erbil talks about exporting the region’s oil is positive and will be a third meeting

Osman: Baghdad and Erbil talks about exporting the region’s oil is positive and will be a third meeting between the two sides

Monday, 20  January 2014 15:04

[Baghdad where]

Counting the Kurdistan Alliance MP Mahmoud Othman, and talks are now ongoing dialogues between the governments in Baghdad and Erbil positive noting that “the two sides are now considering the views of each on the issue of the export of oil and matters relating thereto.”

The Prime Minister of the Kurdistan Regional Government, Barzani and his accompanying delegation arrived yesterday to Baghdad and met with Read more…

Expected to increase Iraq’s financial reserves end 2018

Expected to increase Iraq’s financial reserves end 2018

1/16/2014 0:00

BAGHDAD – Mustafa al-Hashemi said the academic economic Dr Majid Baidhani: that Iraq’s economy will recover gradually to reach rates better than it is now in terms of inflation and real output will grow during the next few years. added Baidhani told (morning) it in the medium term, will remain macroeconomic prospects in Iraq driven by developments in the oil sector and assume the Read more…

Cabinet agrees to export oil from Kurdistan via SOMO exclusively

Cabinet agrees to export oil from Kurdistan via SOMO exclusively

01/15/2014 19:08

Baghdad – and babysit – announced a media adviser to the prime minister, Ali al-Moussawi, Wednesday, that the Council of Ministers approved the export of oil through Iraq’s Kurdistan SOMO exclusively.
Moussawi said in a press statement on Wednesday, “The Council of Ministers approved today a bill the federal budget for the year 2014 and referred to the House of Representatives, Read more…

The rate of oil production will exceed the 4 million barrels during the year 2014

Oil parliamentary committee: the rate of oil production will exceed the 4 million barrels during the year 2014

20-12-2013 11:32 AM

Baghdad (news) .. I expected the oil and energy parliamentary exceeded the rate of oil production of more than 4 million barrels over the next year, while the increase of exports to more than 3 million barrels of oil. said the Commission’s decision MP Mohammad Qasim (of the Agency news): The oil ministry has plans ambitious to increase the rates of production and Read more…

Parliamentary economics warns of “significant risks” to the economy by relying on Iraq’s oil resources

A member of the parliamentary economics warns of “significant risks” to the economy by relying on Iraq’s oil resources

Thursday, 19  December 2013 08:35

[Baghdad – where]

A member of the Committee on the economy and investment representative Ibrahim stirrup “The committee is seeking that there will be a diversified economy substitute for oil due to the presence of a significant risk to the Iraqi economy.”

The Ministry of Planning suggested in 29 of last September’s economic growth fell to 8.2%, or about 2.3% from the rate recorded Read more…

Finance parliamentary calls to divert investment budget allocations for projects that serve the country

Finance parliamentary calls to divert investment budget allocations for projects that serve the country

15-12-2013 08:58 AM

Baghdad (news) .. Called on the parliamentary finance committee, to the need to exchange all the money allocated within the investment budget for strategic projects serve the country. said Vice Chairman of the Committee MP / coalition of Kurdish blocs / Ahmed Faizullah (of the Agency news): that in spite of the money enormous allocated to investment expenditures within budget public, but he has not been disbursed to Read more…

Maliki: oil wealth can cover the budgets of Iraq for hundreds of years

Maliki: oil wealth can cover the budgets of Iraq for hundreds of years

12/14/2013 13:03

Baghdad – and babysit – Prime Minister Nuri al-Maliki, said his government made ​​strides in the development of the agricultural sector and support workers in this field, and was able to get closer to achieving self-sufficiency through the cultivation and harvesting of some of the major crops in the country.
Maliki said in a speech during the opening of the union laborers and agricultural cooperative Arabs held in Baghdad that “Iraq, which was Read more…

Iraq to cut the price of Basra Light crude to Asia 10 cents in January next

Iraq to cut the price of Basra Light crude to Asia 10 cents in January next

Tuesday, December 10th, 2013 19:26

BAGHDAD / translation Baghdadi News … Source said the trade in Iraqi oil, Tuesday, Iraq identified the official selling price for shipments of Basra Light crude downloading month January next flights to Asian buyers premium of 80 cents a barrel above the average price of crude on the Sultanate of Oman and Dubai, down 10 cents from the previous month, according to Reuters news agency .
It was decided to raise the official selling price of Basra Light crude shipments to Europe to become less than the $ 4.15 for Brent in January, up from a Read more…

The absence of oil and gas law will increase the differences between the local governments

Commission on oil: the absence of oil and gas law will increase the differences between the local governments and the Centre on oil

25-11-2013 08:07 AM

Baghdad (news) .. Warned of the Oil and Energy Committee of sharpening the differences between the federal government and local governments for the Kurdistan region and the provinces regarding oil as a result of the absence of oil and gas law. said committee member Rep. matshar Samurai (of the Agency news): The oil and gas law defines the powers between the federal government and local governments and ensure justice To Read more…

Company discovers quantities “significant” increase oil and gas reserves figures Iraq

Company discovers quantities “significant” increase oil and gas reserves figures Iraq

THURSDAY, NOVEMBER 21 2 / 2013 09:48

Twilight News / An official at the South Oil Company, on Thursday, on the presence of large quantities of crude oil and natural gas in the field of Sinbad 2 within the Sinbad oil field, as pointed out that this discovery will change the number of Iraqi crude oil reserves.

Sinbad field is located in the district of the Shatt al-Arab near the Iraq-Iran border; has tried the Brazilian company Petrobras in 1974 explored but failed. Read more…

British report: Iraq’s oil revenues would amount to 5 trillion dollars between 2013 and 2035

British report: Iraq’s oil revenues would amount to 5 trillion dollars between 2013 and 2035

16/11/2013 13:09

{Baghdad: Euphrates News} announced British report that the proceeds of Iraqi oil would be {5} trillion dollars between 2013 and 2035 as it prepares to increase production faster than any other country and has the potential to become the largest exporter of crude oil in the world.

According to a report of the Bank of the United Kingdom of Standard Chartered Bank on Saturday and seen by Agency {Euphrates News} “Although the Read more…

The high value of Iraq’s oil exports last year to 110 trillion Iraqi dinars

The high value of Iraq’s oil exports last year to 110 trillion Iraqi dinars

11:07 16/11/2013

Baghdad – and babysit – revealed by the Ministry of Planning, the high oil exports for the past year 2012 to 110 trillion dinars, noting that the total merchandise materials are the other rose to a record four trillion Iraqi dinars.
The Central Bureau of Statistics of the Ministry of Planning in a statement received by public opinion, a copy of it on Saturday, “The value of oil exports in 2012 rose by 13.3% to reach 110 trillion Iraqi dinars, the equivalent of Read more…