Posts Tagged ‘iraqi oil’

$ 21 billion the value of trade between Baghdad and Washington .. Iraq sold oil to America worth 19 billion

Zebari: $ 21 billion the value of trade between Baghdad and Washington .. Iraq sold oil to America worth 19 billion

Published on Friday, November 01, 2 / November 2013 11:32

BAGHDAD – Awan
Foreign Minister Hoshyar Zebari, that the volume of trade exchange between Iraq and the United States this year reached 21.3 billion dollars, while exports of Iraqi oil to the United States of $ 19.3 billion.
The Foreign Ministry statement, received “Awan” a copy of Friday, “The U.S. Chamber of Commerce has set up its headquarters in Washington and Businessmen Council U.S. – Iraqi Read more…

Financial Parliament: big problems in the financial structure of the budget 2014

Financial Parliament: big problems in the financial structure of the budget 2014

10/29/2013 12:00 AM

Expectations delayed arrival to the Parliament and preliminary estimates a deficit of large
Baghdad, Alaa al-Tai
predicted Chairman of the Finance Committee in the House of Representatives Haider Abadi, the late arrival of the draft budget law in 2014 to the Council to contain the problems in the financial structure, revealing that preliminary figures indicate that the amount of the budget amounted to 174 trillion Iraqi dinars, with a deficit of nearly 30 trillion Iraqi dinars.
revealed Abadi in a statement »Center Brief for Read more…

Oil: we will produce 3.4 million barrels per day next year

Oil: we will produce 3.4 million barrels per day next year

10/28/2013 12:00 AM

To provide the necessary funds to balance the 2014
BAGHDAD – morning
revealed the Ministry of Oil for its ability to export 3.4 million b / d to provide the money needed to balance the 2014, noting that next year will see the direct production from the fields and increase in the other the oil companies operating within the licensing rounds developed. Meanwhile, the ministry announced Read more…

ECONOMIC COMMITTEE MEMBER URGED FOR BAGHDAD AND KURDISTAN DISPUTE RESOLVE FOR 2014 BUDGET APPROVAL

ECONOMIC COMMITTEE MEMBER URGED FOR BAGHDAD AND KURDISTAN DISPUTE RESOLVE FOR 2014 BUDGET APPROVAL

Posted, 26 Oct 2013

Member of the Committee for economy and investment Deputy, the importance of overcoming all the differences between the Governments of the region and the Centre for oil in next year’s budget, noting that committees formed between Arbil and Baghdad failed for solutions to end the disputes.
Sheyaa stated to the local news agency, “The parliamentary blocks required to develop radical solutions to their Read more…

Expert: U.S. Court crisis indirect impact on the Iraqi economy

Expert: U.S. Court crisis indirect impact on the Iraqi economy

26-10-2013 10:27 AM

Baghdad (news) .. Said economic expert Majid picture, the crisis of U.S. debt have an indirect impact on the Iraqi economy. said the picture: the interdependence of the economy in dollars through oil exports led to the affected rise and fall to hardly, any indirect effect and added: that the U.S. debt belonging to major countries China and the EU countries, and the countries that have reserve cash huge dollar, noting that he must find a new currency to the dollar Read more…

Saleh: Iraq’s financial policy good but it is not effective in the long run

Saleh: Iraq’s financial policy good but it is not effective in the long run

10/23/2013 12:00 AM

He said that the budget is part of the five-year plan and not vice versa
Baghdad – Mostafa Hashemi
saw Mokhtassan in the economic necessity of making fiscal policy and a clear long-term in order to achieve the goals set for the budgets of the country’s public and take measures hedging to reduce the impact of fluctuations in oil prices on the budget with a Read more…

Need to overcome the differences between Arbil and Baghdad on oil before the adoption of the federal budget

Parliamentary economy: the need to overcome the differences between Arbil and Baghdad on oil before the adoption of the federal budget

22-10-2013 10:37 AM

Baghdad (news) .. According to a member of the Committee on the economy and investment MP / National Alliance / Abdul-Abbas Xiaa, importance of overcoming all the differences between the Governments of the region and the center for oil in the budget next year, adding that the committees formed between Arbil and Baghdad did not reach solutions to end those differences. said Xiaa (News Agency News): The parliamentary blocs required to Read more…

Reuters: Iraq plans to boost oil to capture a greater share of the Asian market

Reuters: Iraq plans to boost oil to capture a greater share of the Asian market

Thursday, October 17, 2013 14:16

Baghdad / Baghdadi news / .. According to the Reuters news agency on Thursday that Iraq plans to boost oil export capacity significantly by the end of the first quarter of next year, an elevator competition with Saudi Arabia, the largest oil exporter in the world, with the aim of acquiring a larger share in the Asian market.
The agency said in a report seen by / Baghdadi News / “Iraq is planning to strengthen the capacity of the export of oil dramatically by Read more…

China is seeking to buy 850 thousand barrels of Iraqi oil per day in 2014

Shahristani: China is seeking to buy 850 thousand barrels of Iraqi oil per day in 2014

16-10-2013 04:34 PM

Baghdad (news) .. Deputy Prime Minister for Energy Hussain al-Shahristani, said on Wednesday that China is seeking to buy about 850 thousand barrels of oil a day from Iraq in 2014. scheduled to buy China 568 000 barrels per day of Iraqi oil this year, up of 525 thousand barrels per day in 2012. Shahristani said: The luck يحالف Iraq because it has always been Read more…

Iraqi field discovery may contain “sea of ​​oil” in Kurdistan

Iraqi field discovery may contain “sea of ​​oil” in Kurdistan

14.10.2013 11:34

{Baghdad: Euphrates News} Norwegian International company revealed that the new wells in its oil “Tauki field” in Iraq produces more than any of the other wells that have been drilled so far.

The company said {DVD. Said. Or International} Norwegian today that “new wells in its field of oil {Tauki 23} in the Kurdistan region of Iraq produces Read more…

Calls for contracting with international companies to install surveillance equipment on oil pipeline

Finance parliamentary calls for contracting with international companies to install surveillance equipment on oil pipeline to prevent targeted

02-10-2013 12:58 PM

Baghdad (news) .. Called the Finance Committee parliamentary federal government to contract with international companies to set up electronic devices to monitor the pipelines of oil to prevent the target and detonated by insurgents. said committee member MP Hassan Auzmn Bayati (of the Agency news): that Iraq lacks the capacity and capabilities to secure the constructors oil sabotage Read more…

Payments to the oil companies operating in Kurdistan, one of the signs out of the crisis

Shara: payments to the oil companies operating in Kurdistan, one of the signs out of the crisis between the center and the region

29-09-2013 10:32 AM

Baghdad (news) .. According to a member of the Oil and Energy Committee MP / National Alliance / Furat al-Shara, said that factors out of the crisis between the Governments of the region and the center, is to push the last dues foreign oil companies operating in the Kurdistan region. Shara said (of the Agency news): The payment of the federal government all dues of the oil companies Read more…

Erbil: We will pay the dues of foreign companies to deduct part of the oil imports if Baghdad failed to

Erbil: We will pay the dues of foreign companies to deduct part of the oil imports if Baghdad failed to

Wednesday, September 25 / September 2013 18:50

[Baghdad – where]

The Minister of Natural Resources in the Kurdistan Regional Government drastically “that it will pay all dues of foreign oil companies operating in the region of the proceeds of oil fields in the case of Baghdad’s failure to pay.”

And stopped sales of Kurdistan oil through the national pipeline network because of a dispute between Baghdad Erbil, and Read more…

Budget next year 174 trillion Iraqi dinars, and the rate of export of 3.4 million barrels of oil per day

Finance Committee: budget next year will amount to 174 trillion Iraqi dinars, and the rate of export of 3.4 million barrels of oil per day

25-09-2013 08:41 AM

Baghdad (news) .. A member of the Finance Committee MP / coalition in Iraq / Hassan Auzmn Bayati, for determining the budget in 2014 of $ (174) trillion Iraqi dinars placed on the export of oil at three million and 400 thousand barrels per day. Bayati said (of the Agency news): The Several meetings were held between the Ministries of Finance, Planning and the participation of Read more…

Sale of crude oil in local currency!

Sale of crude oil in local currency!

09/25/2013 12:00 AM

BAGHDAD – morning
said researcher economic state fair: that of Iraq to sell crude oil in local currency depends on the stability of the general situation of the country as well as the stability of the Iraqi dinar exchange rate and recorded as currency global.
said in a statement (morning) that the moment is appropriate to take such a step because stability currency linked to Read more…

No new oil and gas law (HCL)

A member of the parliamentary oil: No new oil and gas law and is expected to be deported to the next parliamentary session

Tuesday, September 24 / September 2013 07:33

[Baghdad – where]

A member of the Commission on oil and gas parliamentary Hassan gave away that he does not have a new oil and gas law, and expected that this project will be migrated to the next parliamentary session.

And spins a dispute between Arbil and Baghdad on 41 contracts, oil and Read more…

Iraqi five-year plan to diversify the economy

Iraqi five-year plan to diversify the economy

Published on Thursday, September 19 / September 2013 12:05

The Iraqi government announced a five-year plan to diversify the economy away from dependence on oil and the development of the industrial sector.
But may be in the case of implementation of the plan ushered in a new phase of recovery from Read more…

174.6 trillion Iraqi dinar budget in 2014

174.6 trillion Iraqi dinar budget in 2014 ($ 150.1 billion dollars)

18/09/2013 21:15

Iraq’s fourth-largest oil reserves in the world, and aims to increase the capacity to produce about 8.5 million barrels per day by 2017.

BAGHDAD / obelisk: Fadel said Nabi, Deputy Finance Minister Wednesday that Iraq’s budget for 2014 is likely to reach total volume of 174.6 trillion Iraqi dinars (150.1 billion dollars), based on Read more…

“War of 2013” threaten oil and gas pipelines and “Hormuz” .. The joint report mentions “Iraq’s Scud”

“War of 2013” threaten oil and gas pipelines and “Hormuz” .. The joint report mentions “Iraq’s Scud”

THURSDAY, AUGUST 29 / AUGUST 2013 20:24

Twilight News / raises prospects for a U.S. military strike to Syria fears of Syrian or Iranian response targeting U.S. allies in the Gulf region are the main exporters of oil and gas in the world.

altThe total production of the Middle East oil of 28.27 million barrels per day, or 32.5 percent of the global production of 86.15 million barrels per day in 2012, according to Read more…