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Oil unstable political situation caused by volatile oil prices on world markets
Author: HM Editor: SS | HL Monday 09 نيسان 2012 12:41 GMT
Oil Minister Abdul Karim and coffee
Sumerian News / Baghdad
confirmed the Iraqi Oil Ministry, on Monday, that the political situation is stable behind the fluctuation of oil prices in world markets, as pointed out they are still considering to allow Exxon Mobil to participate in the licensing round four. and Oil Minister Abdul Karim and coffee in a press conference attended by "Alsumaria News", on the sidelines of the opening of the building police oil refinery in Baghdad's Dora, said that "OPEC is seeking to achieve a balance in world oil prices, but the unstable political situations behind the fluctuation of oil prices in global markets," adding that "OPEC is doing effort to pump enough crude to meet global demand. " In another context, referred to the coffee that "the Iraqi Oil Ministry was still considering allowing Exxon Mobil to participate in the licensing round, the fourth scheduled for the end of May next." The price of futures contract for crude oil fell dollars, on Sunday (April 8, 2012) for up to 122 dollars and 44 cents a barrel after Iran agrees to talks with the United States and its allies over its nuclear program to allay fears about supply disruptions from the Middle East. and the Oil Ministry announced in the second of April that it had received a letter from Exxon Mobil for the second time in which it confirms freeze contracts exploration with Kurdistan region of Iraq on oil extraction, while confirming that they consider the possibility of allowing the company to compete in the licensing round, the fourth will be launched end of May next. confirmed Exxon Mobil, on February 28, 2012, they signed a contract with the Kurdistan Regional Government to explore for oil in the fields after more than three months of ignoring the questions and the Ministry of Oil Central, in a move that threatens the company's investment in the West Qurna field, after a series of warnings sent by the central government in the event make sure to sign the contract. and signed the Iraqi Oil Ministry on October 29 the first of 2010 a contract with Exxon Mobil, the U.S. and a British-Dutch Shell to develop the West Qurna field. and going dispute for a long time between the central government in Baghdad and the Kurdish semi-autonomous concerning oil fields in the north, where Baghdad is the contracts signed between the Government of the Territory and the oil companies Global illegal.
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Author: HM Editor: SS | HL Monday 09 نيسان 2012 12:41 GMT
Oil Minister Abdul Karim and coffee
Sumerian News / Baghdad
confirmed the Iraqi Oil Ministry, on Monday, that the political situation is stable behind the fluctuation of oil prices in world markets, as pointed out they are still considering to allow Exxon Mobil to participate in the licensing round four. and Oil Minister Abdul Karim and coffee in a press conference attended by "Alsumaria News", on the sidelines of the opening of the building police oil refinery in Baghdad's Dora, said that "OPEC is seeking to achieve a balance in world oil prices, but the unstable political situations behind the fluctuation of oil prices in global markets," adding that "OPEC is doing effort to pump enough crude to meet global demand. " In another context, referred to the coffee that "the Iraqi Oil Ministry was still considering allowing Exxon Mobil to participate in the licensing round, the fourth scheduled for the end of May next." The price of futures contract for crude oil fell dollars, on Sunday (April 8, 2012) for up to 122 dollars and 44 cents a barrel after Iran agrees to talks with the United States and its allies over its nuclear program to allay fears about supply disruptions from the Middle East. and the Oil Ministry announced in the second of April that it had received a letter from Exxon Mobil for the second time in which it confirms freeze contracts exploration with Kurdistan region of Iraq on oil extraction, while confirming that they consider the possibility of allowing the company to compete in the licensing round, the fourth will be launched end of May next. confirmed Exxon Mobil, on February 28, 2012, they signed a contract with the Kurdistan Regional Government to explore for oil in the fields after more than three months of ignoring the questions and the Ministry of Oil Central, in a move that threatens the company's investment in the West Qurna field, after a series of warnings sent by the central government in the event make sure to sign the contract. and signed the Iraqi Oil Ministry on October 29 the first of 2010 a contract with Exxon Mobil, the U.S. and a British-Dutch Shell to develop the West Qurna field. and going dispute for a long time between the central government in Baghdad and the Kurdish semi-autonomous concerning oil fields in the north, where Baghdad is the contracts signed between the Government of the Territory and the oil companies Global illegal.
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