Predicted the stability of oil exports from southern Iraq until the end of the year

Jun 29, 2016

Basra (Reuters) – A senior official in the Iraqi oil sector, said crude exports from southern Iraq ports amounted to 3.162 million barrels per day on average since the beginning of the month, down slightly from May / May due to maintenance work, and increasing user demand for fuel oil to generate electricity.
Said Hayan Abdul-Ghani Abdul-Zahra, head of the South Oil Company in an interview that the expected exports, which include 850 thousand barrels of Basrah heavy year-end stability.
He «with the start of summer electricity demand terminals and refineries for crude oil increased to around 550 thousand barrels per day and exports account on this.»
He added that power plants and refineries were used 440 thousand barrels per day before increasing electricity consumption as temperatures rise.
He said Iraq, the second largest oil producer in the «OPEC», aims to increase oil storage capacity in the south to 14 million barrels per day by the first half of 2018, from 11.5 million currently, to adapt to export bottlenecks that occur due to bad weather, and to accommodate the expected increase in production.
He explained that Iraq is planning to run a fourth floating oil export platform by mid-2017, to increase the export capacity of the ports of the south to 4.5 million bpd from 3.6 million bpd now.
In the past year, Iraq was the fastest source in «OPEC» for the growth of supply, where production has increased more than 500 thousand barrels per day, despite spending cuts and the war against al-Islamic state.
And hurt the collapse of world oil prices, revenues of the government, which relies on crude in almost all their income.
The fall in prices has stoked fears that the growth of oil production in Iraq may slow down or stop. And it warned oil companies from Iraq that the projects will be delayed if the government insisted on a sharp reduction in spending this year.
She said Abdul Zahra said there is a need for further talks with «Exxon Mobil» and »PetroChina», which guarantees equity of Iraq last year on a project worth several billion dollars to boost production from the fields of Nahr Ibn Umar and Artawi, two two fields PB small airstrips in the south of the country produce now 35 thousand and 17 thousand barrels a day, respectively.
He said without specifying a time frame «We have reached a tentative agreement that the two fields produce up to 550 thousand barrels per day.»
Most of Iraq’s production of five giant fields comes. She said Abdul Zahra said the production of the Rumaila, the largest oil field in Iraq, which is managed by «BP», currently stands at 1.45 million barrels per day, an increase of more than 60 thousand barrels per day from last year.
He added that the West Qurna 1, which was developed by «Exxon Mobil» produces 450 thousand barrels per day, while producing West Qurna 2, developed by «Lukoil» 405 thousand barrels per day. The Majnoon field, which is managed by «Shell» 220 thousand barrels per day production, and Zubair, which is managed by «Eni» 360 thousand barrels per day.

 

Advertisements

Iraq receiveda new batch of (hunter night) and preparedby the “big plus” inthewar against terrorism

 

 

Helicopter m28 (hunter night) received Iraq Tuesday June 28 2016

 

Author: BS
Editor: BK, BS
28/06/2016 20:58
Number of Views: 645

 

Long-Presse / Baghdad

Army Aviation Command announced on Tuesday received a new batch of helicopters mi28 (hunter night Russian) dual leadership, usually it is a “great addition” to the Iraqi Air Force in supporting ground forces and destroy terrorist sites and wheeled armored bombs.

The command said, in a statement received (range Press) copy of it, “Iraq received a new batch of helicopters mi28 hunter night of dual leadership, under the contract with the Russian Federation”, noting that this “advanced aircraft has the capacity of high maneuver and precision hit targets elected, because of its weapons, rockets and cannon in front of me prompt, make Dhahi counterpart Apache helicopter specifications. “

I promised the leadership of the army aviation, that this “aircraft pose a great addition to the Iraqi Air Force in supporting ground forces in various operations breakers, through destruction of terrorist websites, wheels armored bomb” without a statement the number of aircraft received.

Russia was announced (the 19 of April 2016), willingness Send 20 helicopter (helicopter) of the new model (May – 28) (known as hunter night) to Iraq.

Indeed, Iraq and Russia signed a military contract package, exceed four billion dollars worth, during the visit of former Prime Minister, Nouri al-Maliki to Moscow in 2012.

According to the program of supplying Iraq with combat helicopters Russian, has been received four attack helicopters Mi -35 M ideals and other Mi -28 that, readiness combat full with night vision equipment, and hoped to get Baghdad until the end of the current 2016, the 43 helicopter assault, including 24 Mi -35 M and 19 Mi -28 that.

Hunter night, Russian helicopter can fly in all weather conditions and at night as well, and is designed to destroy armor and provide support for pedestrians around better than the previous one mile Mi -24. And it is led by a crew of two pilots, due to their ability to call on the night fighting.

https://translate.google.com/translate?hl=en&sl=ar&u=http://almadapress.com/&prev=search

Macgork: 60 000 fighters will participate editing Mosul

 

History of edits:: 6.28.2016 21:19116 visits readable
[Oan- up]
Brett Macgork US presidential envoy to the international coalition against al Daash, Tuesday said that theareas dominated by the regulation will lead to the restoration of elimination.
He said during testimony before the Foreign Relations Committee in the Senate to discuss the fight Daash efforts, that the war on the organization is making progress, and it has weakened its ability to move its leaders, as well as cut the main roads supplied , “adding that” Daash leaders hiding or being killed at a rate of one every three days . ” .
the US official said that ” the idea [ of succession] helped Daash to recruit thousands of fighters , ” noting that 40 thousand foreign fighters entered Iraq and Syria during the past four or five years. ”
he spoke Macgork on efforts in Iraq to roll back regulation, said that Iraqi forces the Peshmerga has joint operations and there will be arrangements in Mosul was also in Tikrit.
he acknowledged that the battle of the restoration of Mosul, “constitute a politically significant and military challenge,” pointing to ” the formation of units of 60 thousand fighters to participate in the upcoming battle.”
he said that Daash not been able to return to restore areas that the Iraqi government.

Cabinet approves re-contractors salaries of the Awakening expanded distribution {} today’s meeting resolutions

 

History of edits:: 6.28.2016 19:175 visits readable
{Baghdad: Euphrates News} The Cabinet approved on Tuesday during its regular re-contractors Awakening distribution of salaries.
A statement by the Council of Ministers received by the agency {Euphrates News} a copy of it to the Prime Minister Haider al – Abadi new presided over the Cabinet meeting on Tuesday congratulated liberation of Fallujah , according toplan, stressing that Daash collapsed quickly and kill its members large numbers, were also arrested on the required elements the law of murder.
he said the Prime Minister to seek re – opening of the Fallujah hospital and lounge operations to offer their services and work to restore the displaced program and raise the explosives set by Daash gangs in residential neighborhoods.
he said the military of our units in Mosul progressing significantly and achieved successes fast, and at the same time we create plans and preparations for sheltering displaced people and look forward to helping the United Nations and to cooperate with it in the humanitarian field.
He called on the Prime Minister of the security services and citizens to beware of attempts Daash to compensate for the defeats and carry out terrorist acts, also called on the political forces , called for unity and miss an opportunity to theenemy even Aahakq objectives , taking advantage of political differences . the
Council of Ministers decided to provide ration quota for {15000} displaced families in Anbar province in the areas of Amiriyah Fallujah and Khaldiyah and Habaniyah and Bzypez and ration for two thousand families in drunk by theliberalization of Nineveh operations are distributed to displaced families exception of the controls and procedures and the Ministry of Commerce of theration card distribution.
to secure card items ration, the cabinet approved a memorandum ofunderstanding between the Ministry of Commerce and the US Embassy in Baghdad in connection with the purchase and processing of material rice.
the Council also agreed to finance an amount of five billion dinars from theallocation of the Ministry of water resources to address water scarcity.
the cabinet decided the disarmament and integration of the circle militias and theministries and departments not associated with the Ministry review the file members of the Awakening, and the approval of the re – distribution of salaries ofcontractors from the sons of Iraq Awakening {} them in view to reduce the House of Representatives to Moisnthm.anthy

Oil above $50 a barrel

 

 

6/22/2016

Oil above $ 50 a barrel

 

BAGHDAD / JD / .. Oil prices rose in Asian trading on Wednesday, and the right of US crude ore Brent above $ 50 a barrel after data from the American Petroleum Institute showed a larger than expected fall in crude stocks in the United States last week.
According to Reuters, the US has stepped up Brent crude contracts for the nearest maturity of 28 cents, or about 0.56 percent to $ 50.13 a barrel by 0400 GMT. Earlier in the session, US crude jumped to $ 50.54, the first time it rises above $ 50 since the tenth of June.
And it increased the global Brent crude contracts for Brent 26 cents or 0.51 percent to $ 50.88 a barrel after the previous session ended three cents lower to $ 50.62.
The American Petroleum Institute said US crude oil inventories fell by 5.2 million barrels in the week ended June 17, or the equivalent of three times the decline expected by analysts surveyed by Reuters of 1.7 million barrels. / End / 22 /