Ministry of Oil Change renamed the South Oil Company to "Basra Oil Company"

[yota691]

Ministry of Oil Change renamed the South Oil Company to "Basra Oil Company"

 

 

 

 28 minutes ago

 

 

Twilight News / Oil Ministry decided on Tuesday renamed the South Oil Company, to the Basra oil company.

Said ministry spokesman Assem Jihad, in a statement reported to Twilight News, said the decision came after the approval of the Cabinet in its meeting held on January 5 2016 change the name of the South Oil Company to Basra Oil Company.

He added that the implementation of this resolution came after the announcement of the establishment of an oil company Dhi Qar last week.

He Jihad said the tasks of the Basra Oil Company will be confined within the administrative boundaries of the province, and so for my company Missan Oil and Dhi Qar.

[Highlanderdinar]

Not sure why you got negged for posting news. Your reputation precedes you Master Yota. I evened you out. 

[yota691]

Pumping more than 3 million barrels of oil to the port of Basra today

 

 

 

Click for full view

Number of Views: 328 | 04-04-2017 03:36 PM

 

 

A shipping source confirmed in the province of Basra, the pumping rate to the oil port of Basra for the day amounted to approximately 150 thousand barrels of oil per hour, indicating that the repair of damaged loading dock platform 1 ends operations in the coming days. 

The source said that the export rate of 3,600,000 three million six hundred thousand barrels during the day, confirming the presence of six giant oil tankers of different nationalities and in what is known as the waiting area.

The source said the four tankers completed loading loaded with five other tankers on the sidewalks 2 and 4 of the oil port of Basra continue, and what is known as loading buoys.

[mylilpony]

This article if friggin huge. They are decentralizing the provinces.  This sentence says it all........It seems the minister of oil along with abadi's cabinet (council of ministers) are going ahead with things even if parliament cant get their act together and pass the laws that we all need for the completion of the hcl dilemma. This sets it all in place so when the law comes out many things will already be implemented.

 

 the tasks of the Basra Oil Company will be confined within the administrative boundaries of the province, 

[blueskyline]

This is also the second re-branding of an institution in Iraq I can think of . The 1st would be the new symbol of the Central Bank of Iraq posted last week . I guess these are  reforms ...?

[yota691]

From a Paid members only site...lets you read only tidbits

After restructuring, South Oil Company is renamed

Now that the Dhi Qar Oil Company has been spun off, the Oil Ministry rechristened SOC as the Basra Oil Company.

The South Oil Company headquarters on Dec. 11, 2009. (ESSAM AL-SUDANI/AFP/Getty Images)

By JASSIM AL-JABIRI 
Published Wednesday, April 5th, 2017

 

The name of Iraq's largest state-owned upstream oil company now reflects the name of Iraq's oil capital: the South Oil Company (SOC) has officially become the Basra Oil Company (BOC).In an order this week, Oil Minister Jabbar al-Luiebi formally renamed SOC, where he worked for decades, including as director general from 2003 to 2008.The change was authorized by Iraq's Cabinet on Dec. 5, 2016, at the same time it authorized the Dhi Qar Oilfields Authority to be spun off from within the SO...

[ChuckFinley]

On April 4, 2017 at 9:00 AM, Highlanderdinar said:

Not sure why you got negged for posting news. Your reputation precedes you Master Yota. I evened you out. 

Highlander, there can only be one. I will give you one green emeral for helping the Master. 

[Highlanderdinar]

1 hour ago, ChuckFinley said:

Highlander, there can only be one. I will give you one green emeral for helping the Master. 

👊