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mike alfred

Kurdistan Increases Oil Exports - 0 views

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oil exports kurdistan ceyhan port

shared by mike alfred on 21 Nov 14 - No Cached
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  • mike alfred on 21 Nov 14
     
    It is good news for Iraq that Kurdistan is taking interest in the improvement of the country by exporting oil for the betterment of the country. The Kurdistan region exported oil through Ceyhan port. The KRG oil is equal to 150,000 barrels a day and it was exported to Turkey through Ceyhan. With the stable price of the oil and that also at a lower rate of $80 per barrel; every country is interested in importing and storing oil.
mike alfred

Kurdistan Oil Stock Reaches 2.8 Million Barrels: Turkey - 0 views

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Iraqi Oil Market Kurdistan Stock

shared by mike alfred on 11 Jun 14 - No Cached
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  • mike alfred on 11 Jun 14
     
    The oil and energy ministry of Turkey announced that the Kurdistan oil stock at Turkey port has reached 2.8 million barrels with the export of 100,000 barrels per day. It shows that the performance of oil industry is so good in Kurdistan. Kurdistan with the cooperation of Iraq is exporting crude oil in the international market via Turkey.
mike alfred

Impact of Poor Law And Order Situation at The Economy of Iraq - 0 views

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Crude Oil Law and Order Situation

shared by mike alfred on 20 Jun 14 - No Cached
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  • mike alfred on 20 Jun 14
     
    The crude oil is the backbone of the economy of Iraq. More than 90% of Iraq economy is depended on the production and export of crude oil in the international market. Unfortunately, Iraq could not balance between oil and non oil sector of Iraq. Now the attacks on major cities of Iraq destroyed the oil industry of Iraq badly and the oil production and export of Iraq is almost half in the international market.
mike alfred

New Oil Export Strategy for 2015 - 0 views

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iraqi economy oil export

shared by mike alfred on 26 Sep 14 - No Cached
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  • mike alfred on 26 Sep 14
     
    Iraqi Dinar 123 News :- The oil ministry is trying to raise the oil productions to four million barrels by 2015. Oil is the basic export of Iraq and it needs to increase for a better economic system of the country. The oil port of Basra is a major source of export.
mike alfred

Iraq's Increasing Oil Production to Strongly Impact Other Exporting Countries - 0 views

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Iraq Oil Exports Production

shared by mike alfred on 20 May 14 - No Cached
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  • mike alfred on 20 May 14
     
    According to the Kuwaiti Petroleum Company also known as KPC, the increasing production of Iraqi oil will deeply impact the oil exports of all the exporting countries in the gulf region. KPC considers Iraqi oil as its strong competitor in the international market that can reduce its oil export revenue to a sufficient level.
mike alfred

Oil Price to be High Again By the End of 2015 - 0 views

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iraqi oil dinar revaluation rv

shared by mike alfred on 29 Dec 14 - No Cached
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  • mike alfred on 29 Dec 14
     
    The reporter writes in its posts about one of the OPEC member, who said, "Oil market will rebound the end of the 2015". Obviously, the reducing oil prices will affect the economies, which are oil based economies, but this is fact, Oil industry is again going to rebound and the rates will increase again.
mike alfred

OPEC And Oil Production in Iraq - 0 views

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Oil Production OPEC World Market

shared by mike alfred on 01 Jul 14 - No Cached
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  • mike alfred on 01 Jul 14
     
    The Secretary General of OPEC said that the production of oil said in a meeting of the organization that Iraq would soon produce oil from the South of it. There is no need to get tense over the fact that the production of oil from Libya is there no more. He speculated that very soon Libya would be back in oil production.
mike alfred

Considerable Increase in Oil Exports And Revenues - 0 views

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Increase Exports Iraq Oil

shared by mike alfred on 09 Aug 14 - No Cached
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  • mike alfred on 09 Aug 14
     
    According to the member of the ministry of oil, Assem Jihad; the southern ports exported 75.7 million barrels during July through the ports off Basra while the exported barrels of oil from Baardat were 7.8 million barrels. The average sale price per barrel was 102.80 dollars per barrel. It was seen that the oil exports were quite low from the Kirkuk area, this proved to be a great boost to the economy of the country.
mike alfred

What If Oil Supply Gets Stop From Iraq? - 0 views

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Iraqi News Iraq Oil Exports Market

shared by mike alfred on 30 Jun 14 - No Cached
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  • mike alfred on 30 Jun 14
     
    It has been reported that Iraq being one of the major oil reserves, if oil supply stops from Iraqs side, it would cause the world a lot of problems. The world oil prices for Brent crude oil remained at $ 115 per barrel recently but they may rise.
mike alfred

Increase in Oil Exports Despite Low Prices - 0 views

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iraqi oil exports prices iraq news

shared by mike alfred on 03 Dec 14 - No Cached
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  • mike alfred on 03 Dec 14
     
    Iraqi Dinar 123 News:- It was announced by the oil ministry of Iraq that their export ratio of oil increased recently. During the month of October the oil exports rose. The total revenue earned through the oil export during the month of October was equal to seventy six million and three hundred thousand barrels.
mike alfred

Expectations of an increase in world oil prices to more than 120 dollars - 0 views

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Iraqi Dinar Iraq News Oil Dollar

shared by mike alfred on 19 Mar 14 - No Cached
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  • mike alfred on 19 Mar 14
     
    The increase in consumption will lead to annual prices of oil in international markets, so the oil prices heading upward to increase to more than 120 dollars during the next two years, and this is what would best benefit the developing countries that rely on oil as a major source of the economy.
mike alfred

Iraq Oil Reserves And Possible Threats - 0 views

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Iraq Crisis Oil Exports Iraqi IQD

shared by mike alfred on 26 Jun 14 - No Cached
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  • mike alfred on 26 Jun 14
     
    Iraq is the second largest oil reserve in the world. the constantly violent and instable conditions of the country are a threat to the oil reserves. Several British, Dutch and Chinese companies are hired and are investing billions of dollars in the development of the oil fields in Iraq.
mike alfred

Price Of Brent Crude Oil Settles - 0 views

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iraqi oil dinar rv

shared by mike alfred on 25 Dec 14 - No Cached
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  • mike alfred on 25 Dec 14
     
    The price of Brent crude oil settled below $ 60 per barrel on Friday which was a good thing for not just Iraq oil consumers but oil consumers over the world. With the prices receding countries like Iraq gain a lot of benefit as low prices attract more clients.
mike alfred

Fiscal Revenue and Oil Resources - 0 views

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Fiscal Revenue Iraq Oil

shared by mike alfred on 17 Aug 14 - No Cached
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  • mike alfred on 17 Aug 14
     
    According to experts the oil revenues are expected to rise to 134 060 850 billion dinars within. With all this going on the production of oil export is also expected to increase in the coming two years and the increase in production and the export of the crude oil is also expected to go up from 2.9 million barrels to 4.65 million barrels by 2016.
mike alfred

Fighting in Iraq Yet Not Raised The Oil Prices - 0 views

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Iraq Crisis Oil Exports Prices

shared by mike alfred on 09 Jul 14 - No Cached
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  • mike alfred on 09 Jul 14
     
    Iraqi Dinar 123 News:- Iraq is the second largest oil producer in the world after Saudi Arabia. It was expected that with the recent instability in Iraq will disturbed the international oil market so badly. Fortunate the oil industry is not affected too much by this insurgency of Sunni Militants.
mike alfred

Daash Trying to Control Oil Fields - 0 views

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Daash Iraqi News Dinar Oil

shared by mike alfred on 04 Aug 14 - No Cached
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  • mike alfred on 04 Aug 14
     
    It has been reported that Daash has been trying to get control over the oil fields of Syria and Iraq. Daash already controls about 17% of the area that has oil refineries. According to Turkish department heads; " oil is what helped Daash rise to this position." Iraq got divided into three different parts; Kurdistan, northern Iraq which is controlled by the government in Baghdad and the areas that are under the control of Daash.
mike alfred

Brent Oil Prices Increased in The International Market - 0 views

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Brent Prices Iraqi News Oil

shared by mike alfred on 05 Aug 14 - No Cached
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  • mike alfred on 05 Aug 14
     
    Iraq is the second largest oil producer in the world after Saudi Arabia. Therefore economy of Iraq impacts directly the international oil market and indirectly the economies of the other developing countries in Asia and Africa. The Brent oil has increased in the international market for last 4 weeks due to crisis in Iraq.
mike alfred

Iraq Exported Oil in July to Eight Billion Dollars - 0 views

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Crude Oil Iraq Exports Iraqi News

shared by mike alfred on 06 Aug 14 - No Cached
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  • mike alfred on 06 Aug 14
     
    Announced that the Iraqi Oil Ministry announced yesterday that the country's exports of crude oil rose in the (July) to 2.442 million barrels per day in an average of 2.423 million barrels per day in the previous month and issued a statement which drew that shipments from the northern Kirkuk oil fields are still parked.
mike alfred

High Oil Production in The South Iraq - 0 views

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Iraqi News Oil Production

shared by mike alfred on 04 Aug 14 - No Cached
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  • mike alfred on 04 Aug 14
     
    It was good news on Wednesday that 77 million barrels of crud oil has been produced in the southern part of Iraq. The company responsible for the southern part of Iraq is exceptional. They announced the total production of the oil fields of material crude oil for the month of June exceeded by 77 million barrels.
mike alfred

Dependence on Oil Can Harm the Economy of Iraq - 0 views

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Iraqi Economy News Oil

shared by mike alfred on 17 Jul 14 - No Cached
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  • mike alfred on 17 Jul 14
     
    The economists believe that dependence of oil will seriously harm the economy of Iraq. The economy of Iraq will be in disaster if global market faced any crisis. Iraq must understand that just oil industry cannot satisfy the whole demands of the country. The oil industry alone cannot produce the jobs for everyone.
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