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Iraqi Showing the method of payment on credit to buy oil products from Pakistan
On: Saturday 02/18/2012 8:34
□ Baghdad / term follow-up to
the Pakistani government announced that Iraq gave her an offer includes a facility to pay on credit for the purchase of oil derivatives, and revealed a near sending a delegation to Iraq to negotiate a contract, while confirming its quest to develop refineries to accommodate Iraqi crude oil.
The Special Assistant to the Pakistani Prime Minister for Petroleum and Natural Resources Asim Hussain at a press conference, according to (Alsumaria News): The Pakistani government has received an offer from their Iraqi counterparts for the purchase of petroleum products, "noting that" the offer includes payment of amounts due on the payments long term.
Hussein added that the his country will soon send "a delegation to Iraq to negotiate a contract," while pointing out that "will have on the Pakistani government to develop its refineries or buy new refineries for the liquidation of Iraqi oil."
Hussein said that "existing refineries devoted to oil, which contains a low percentage of sulfur," He pointed out that "This move will save the state budget between 20 and 30 million dollars a year."
and attached monitors on the importance of the signing of Pakistan with Iraq to buy oil to support the power sector, which suffers from a significant decline for some time, because of the debt owed by Pakistan to the oil companies, especially that the state relies heavily on oil to supply energy.
was the Iraqi ambassador in Pakistan, announced on 25 August 2011, about Iraq's readiness to supply the latter with oil in order to help them cope with the energy crisis, stressing that it seeks to make it a business partner "essential", while he noted that Iraq offers investment opportunities in several areas of construction, industry and education, as well as other sectors that investors can Pakistanis to take advantage of them.
The Iraqi government presented the 2009 investment opportunities in front of Pakistani companies in oil and natural gas, cement, rice and sugar industry, at a time when the Pakistani embassy in Iraq closed against the backdrop of a series of kidnappings, the killing of an engineer of Pakistan, before you decide to re-open diplomatic channels, in August 2011 and appointed Shah Muhammad Jamal a new ambassador.
It is noteworthy that the Office of the UN High Commissioner for Refugees said in a report in 2007 that more than 150 Iraqi refugees living in Pakistan, who provided most of them in 1991 after the Gulf War, as with difficult situations Like their ilk who have taken refuge in other countries like Syria, Jordan, Lebanon and others.
In the meantime, threatened to Iraq to expel company Leighton Holdings Limited Australian out of the country in the event of proven involvement abuses or financial errors, which banned by the work in the oil and gas fields, amid an investigation by Australian Federal Police about the company, according to the magazine, Financial, Australia.
, the magazine said the company had said earlier this week, it was working with the Australian Federal Police on the investigation into the payments probably gave company Leighton Offshore affiliates in matters related to exports of oil from Iraq.
the magazine said that the deputy director of contracts and licenses oil oil ministry, Sabah al-Saadi, told police the Australian federal contracts Leighton current and qualification to participate in the bidding in the future may be threatened if any evidence to commit errors .
The magazine quoted Saadi as saying that "Iraq has worked hard to establish industry transparent in oil, gas, and these allegations prove to cause damage is too large for our reputation the world."
He added: "I do not want to anticipate the judgment, which could come of the investigation, but we certainly expect the companies world such as Leighton that adjusts its performance to the best international standards. "
and stressed that "anything less than that has no place in our industry here in Iraq."
to the general director of Maysan Oil Company Ali Qubool that the company is seeking to raise the rates of production of crude oil in the fields working to one million barrels per day.
He Qubool in a press statement that the foreign companies implement development projects Maysan fields and Halfaya and the light and architecture in the context of service contracts, where it was drilled 13 wells in the field of Halfaya oil is expected to reach production of the field to 70 thousand barrels per day the end of June next first stage.
The general director of Maysan Oil Company that the production target within the contract to develop the field Halfaya is 535 thousand barrels per day until the end of 2016, and noted that the company aims to raise the production ceiling in the fields of Maysan and Bazerkan and loose change and Abu west to 450 thousand barrels per day as well as seeking to invest in oil fields is explored in Dujailah and other sites to increase the volume of oil production.
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On: Saturday 02/18/2012 8:34
□ Baghdad / term follow-up to
the Pakistani government announced that Iraq gave her an offer includes a facility to pay on credit for the purchase of oil derivatives, and revealed a near sending a delegation to Iraq to negotiate a contract, while confirming its quest to develop refineries to accommodate Iraqi crude oil.
The Special Assistant to the Pakistani Prime Minister for Petroleum and Natural Resources Asim Hussain at a press conference, according to (Alsumaria News): The Pakistani government has received an offer from their Iraqi counterparts for the purchase of petroleum products, "noting that" the offer includes payment of amounts due on the payments long term.
Hussein added that the his country will soon send "a delegation to Iraq to negotiate a contract," while pointing out that "will have on the Pakistani government to develop its refineries or buy new refineries for the liquidation of Iraqi oil."
Hussein said that "existing refineries devoted to oil, which contains a low percentage of sulfur," He pointed out that "This move will save the state budget between 20 and 30 million dollars a year."
and attached monitors on the importance of the signing of Pakistan with Iraq to buy oil to support the power sector, which suffers from a significant decline for some time, because of the debt owed by Pakistan to the oil companies, especially that the state relies heavily on oil to supply energy.
was the Iraqi ambassador in Pakistan, announced on 25 August 2011, about Iraq's readiness to supply the latter with oil in order to help them cope with the energy crisis, stressing that it seeks to make it a business partner "essential", while he noted that Iraq offers investment opportunities in several areas of construction, industry and education, as well as other sectors that investors can Pakistanis to take advantage of them.
The Iraqi government presented the 2009 investment opportunities in front of Pakistani companies in oil and natural gas, cement, rice and sugar industry, at a time when the Pakistani embassy in Iraq closed against the backdrop of a series of kidnappings, the killing of an engineer of Pakistan, before you decide to re-open diplomatic channels, in August 2011 and appointed Shah Muhammad Jamal a new ambassador.
It is noteworthy that the Office of the UN High Commissioner for Refugees said in a report in 2007 that more than 150 Iraqi refugees living in Pakistan, who provided most of them in 1991 after the Gulf War, as with difficult situations Like their ilk who have taken refuge in other countries like Syria, Jordan, Lebanon and others.
In the meantime, threatened to Iraq to expel company Leighton Holdings Limited Australian out of the country in the event of proven involvement abuses or financial errors, which banned by the work in the oil and gas fields, amid an investigation by Australian Federal Police about the company, according to the magazine, Financial, Australia.
, the magazine said the company had said earlier this week, it was working with the Australian Federal Police on the investigation into the payments probably gave company Leighton Offshore affiliates in matters related to exports of oil from Iraq.
the magazine said that the deputy director of contracts and licenses oil oil ministry, Sabah al-Saadi, told police the Australian federal contracts Leighton current and qualification to participate in the bidding in the future may be threatened if any evidence to commit errors .
The magazine quoted Saadi as saying that "Iraq has worked hard to establish industry transparent in oil, gas, and these allegations prove to cause damage is too large for our reputation the world."
He added: "I do not want to anticipate the judgment, which could come of the investigation, but we certainly expect the companies world such as Leighton that adjusts its performance to the best international standards. "
and stressed that "anything less than that has no place in our industry here in Iraq."
to the general director of Maysan Oil Company Ali Qubool that the company is seeking to raise the rates of production of crude oil in the fields working to one million barrels per day.
He Qubool in a press statement that the foreign companies implement development projects Maysan fields and Halfaya and the light and architecture in the context of service contracts, where it was drilled 13 wells in the field of Halfaya oil is expected to reach production of the field to 70 thousand barrels per day the end of June next first stage.
The general director of Maysan Oil Company that the production target within the contract to develop the field Halfaya is 535 thousand barrels per day until the end of 2016, and noted that the company aims to raise the production ceiling in the fields of Maysan and Bazerkan and loose change and Abu west to 450 thousand barrels per day as well as seeking to invest in oil fields is explored in Dujailah and other sites to increase the volume of oil production.
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