WELCOME TO BONDLADYS CORNER...WE CARRY ON HER CUSTOM OF MAKING THIS SITE YOUR 24 HOUR A DAY IRAQ NEWS ARTICLE SOURCE

THANK YOU FOR YOUR CONTINUED SUPPORT OF OUR LADY.


You are not connected. Please login or register

Experts called for the hiring of financial exuberance in the stalled project financing (PFP)

Go down  Message [Page 1 of 1]

dealerdean


ADMINISTRATOR
ADMINISTRATOR

Baghdad - Mostafa Hashemi
at the time announced by the Ministry of oil exported quantities of crude oil and revenue resulting therefrom for the month of September, he called on economists to benefit from check abundance derived from oil production to employ them in financing investment projects stalled. abundance revenue In this regard stressed expert Economic appearance of Dr. Mohammed Saleh said the financial abundance of oil revenues realized through which cover or plug that gets in the general budget. Saleh said in a statement (morning) that cover the deficit after this abundance is necessary that the remainder of which is distributed on investment projects which were funded depends on achieving financial abundance. Stressing that the abundance of financial accruing from oil revenues begin to appear after the first six months of the year, not the beginning of the year. strategic balance of his chancellor said the Iraqi Institute for Economic Reform, Dr. Ahmed Husseini said the strategy of the federal budget 2014 - 2016 expects to increase production and export of Iraqi crude oil from 2.9 million barrels per day to 3 million barrels per day in 2014 and 3.85 million barrels per day in 2015 and 4.65 million barrels per day in 2016. higher revenue and confirmed in a statement to the (morning) that there are expectations of higher returns over the next few years. He explained that these expectations have been built on the basis of the implementation of the investment program associated with the successful oil licensing rounds and contracts concluded by the Ministry of Oil with international companies operating in Iraq. was likely Husseini high export revenues of crude oil of 111 billion dinars in 2013 to more than 134 billion dinars next year to reach more than 147 billion dinars in 2015 as that of also expected to continue to rise to revenue amounts in excess of 178 billion dinars in 2016 under a precautionary price of a barrel of crude oil source of $ 90 per barrel. Reiterates its call to convert part of the financial returns generated from the production and export of oil assets to invest in human capital or assets of foreign financial income-generating future for the coming generations. revenue and was the spokesman of the Oil Ministry, Assem Jihad, announced that the exported quantities of crude oil for the month of September , amounted to 62 million and 100 thousand barrels, posting revenues of $ 6 billion and $ 511 million, and explained it تقسمت between the Basra oil exports, which totaled 54 million and 600 thousand barrels and the value of revenue earned 5 billion and $ 723 million. Pointing out that the Kirkuk oil exports amounted to 7 million and 500 thousand barrels and revenue of $ 788 million. Jihad and its low quantities exported was due to periodic maintenance of the southern ports and projects add new buoys. Adding that he will be compensated quantities affected by the Baltoagafat witnessed by the ports of the South during the coming weeks and months. export capacity and added that the projects to increase the export capacity will allow the ports of southern export larger quantities of crude oil abroad, regardless of interruptions that get under any circumstances. , and added that other reasons that led to the decline in exports for the month of September exposed pipeline transportation of crude oil via Kirkuk - Ceyhan to the sabotage operations more than once. Jihad predicted increase export capacity for the month of October compared to September. Pointing out that the average selling price was $ 104.847 per barrel.


[You must be registered and logged in to see this link.]

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum