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mike alfred

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

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    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

Considerable Increase in Oil Exports And Revenues - 0 views

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    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

Kurdistan Increases Oil Exports - 0 views

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    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

Increase in Oil Exports Despite Low Prices - 0 views

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    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

Height of Iraq's oil exports from southern ports - 0 views

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    The exports amounted to 2.04 million barrels per day in January, when bad weather led to a delay in shipments will not announce Iraq's export rate in February before the end of the month, but Oil Minister Abdul Karim and coffee predicted taller.
mike alfred

New Oil Export Strategy for 2015 - 0 views

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    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

High Income From Oil Export in April - 0 views

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    Iraqi Dinar 123 News:- Despite the suspension of the export across the line of Kirkuk, the export of the oil and increased for the month of April, said Assem Jihad the spokesman of the ministry of oil. The Kirkuk pipelines were damaged in terrorist attack and the supply through Kirkuk province was badly damaged.
mike alfred

Iraq Plans to Export 2.4 Million barrels From Basra - 0 views

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    It was reported that Iraq plans to export 2.4 million barrels per day of crude oil to Basra in September which has previously been 2.2 million barrels per day. This idea would help in increasing the crude exports. Although there has been a constant fight going on in the northern part of the country regarding the world oil prices.
mike alfred

Iraq Leads in Exports - 0 views

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    It was seen recently and reported by the agencies that the Turkish exports fell by a huge percentage. The Turkish Economy Minister said that on Tuesday the country's exports to Iraq went down by 35% since a year before that went from the 10th June to 20th July.
mike alfred

Development is Main Dependent on Export of Iraq - 0 views

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    The export business has always remained lucky in Iraq. Iraq has very huge oil reserves that are enough for getting out Iraq from the financial crises.
mike alfred

Iraqi Oil Export Through Kurdistan Region to be Done - 0 views

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    Tatar Yaldiz, the Turkish energy minister told that exporting crude oil through Turkey will be favorable not only for Kurdistan but also for the Iraq. The Turkey Minister hoped that it can also be a good solution for recent tension between Kurdistan and Iraq government.
mike alfred

The Independent Oil Export is Not Favorable For Kurdistan And Iraq - 0 views

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    Kurdistan regional government is exporting its own oil through Cyhan port to sale in the international market by the stock available in the Turkey. Bagdad considers this deal as illegal and wants to go in court against this deal between Kurdistan and Turkey.
mike alfred

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

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    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

Oil Exports of Iraq from Southern Ports rises - 0 views

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    Iraqi Dinar 123 News :- The oil and gas ministry of Iraq announced the rise in the exports of crude oil from southern ports of Iraq this month. This is because the security situation of Iraq is looking better. The Iraq security force with the help of US air strikes is moving forward to regain the occupied areas from ISIS.
mike alfred

Iran to Start Exporting Gas to Iraq From Next Year - 0 views

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    Iraqi Dinar 123 News:- In the recent meeting with Iranian President, the prime minister of Iraq Noor Al Maliki discussed about the gas contract with Iran. The Iranian President ensured Noor Al Maliki the completion of the project as soon as possible.
mike alfred

Terrible Security Situation And Steps to Boost The Economy - 0 views

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    Iraqi Dinar 123 News:- Despite of the terrible security situation of Iraq, the economists are trying to raise the economic conditions through the oil exports of the country. it has been seen that the country has increased its foreign exchange reserves by 33% a few months back.
mike alfred

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

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    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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    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

The Impact of Council 17 Membership on The Economy of Iraq - 0 views

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    With this membership the export of Iraq will increase in the European markets especially the export of crude oil. The investors will invest more than before to produce more products as they have a big option in the mind. The employment opportunities in the country will also increase and there will bring balance in all the sectors of economy.
mike alfred

Govt. Launches Bonds for Industrial Sector Support - 0 views

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    Iraqi Dinar 123 News:- Iraq is facing lot of challenges internally and worldwide these days. The lower oil price internationally is a big challenge for Iraq. Iraq oil exports are down gradually. Iraq is one of the larger oil producers in the world but low oil prices effected Iraqi exports.
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