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BP gets two million barrels of oil as the second payment of dues
On: Friday 8/7/2011 6:08
Baghdad / Reuters
A shipping source said on Thursday that BP. B received a second payment of dues in return for investment in Iraq with the loading of a tanker with two million barrels of light crude this week in Basra, the hub of oil south. The source, who works at the port that the ship Georgios started the download last Sunday and ended from that on Wednesday.
And got me. My first payment on the return on their investment in the Rumaila oil in Iraq in the middle of last May when he carried the stretcher with two million barrels of Basra Light crude.
The source said navigational "Georgios ship began loading Basra Light crude in the third of July and ended with two million barrels of load on the sixth of July, told the current shipment. My Iraq."
A source in the Oil Marketing Company (SOMO) and the news said that the average selling price of Iraqi crude exports in June amounted to $ 105 a barrel. And this price is worth a boatload Georgios about $ 210 million.
One official said the company CNN.. Me. C Chinese partner me. My Rumaila got a shipment is the other two million barrels a down payment of dues in the second half of May.
In the meantime, prices of Brent crude up to U.S. $ 114.62 dollars a barrel Thursday after data showed larger than expected drop in U.S. crude oil stocks and with the growing investor appetite for risk.
And the American Petroleum Institute said on Wednesday that crude inventories in the United States fell 3.2 million barrels last week while the decline was expected 2.3 million barrels.
And London Brent crude rose $ 1.04 to 66.114 dollars a barrel after hitting its highest level during the session at 114.91 dollars.
Prices for U.S. light crude was up 85 cents to 97.50 dollars a barrel.
On a related OPEC said Tuesday that the price of its basket of crudes rose to 106.92 dollars a barrel from 106.50 dollars a barrel the previous price.
The OPEC basket includes 12 types of crude oil, is a mix deserts of Algeria, Girassol Angola and the Iranian Heavy, Basra Light Iraqi crude export Kuwaiti Sidr Libya and Bonnie light Nigerian crude maritime country and Arab Light Saudi Murban UAE and Mary from Venezuela and Oriente from Ecuador.
To that completed the Department of Chemistry and Physics of Materials, Ministry of Science and Technology Studies, research and conduct scientific experiments in this area to improve the reality of the oil and petrochemical industry, technology transfer and technology in Iraq.
A source at the ministry told the independent press (Iba): The Research Centre for the oil and petrochemicals the completion of research on building a model athlete to predict the specifications of mechanical and thermal tubes of carbon nanoparticles to build a scientific base and material specialist in the field of nanotechnology and to achieve the progress to improve Iraq's oil sector.
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