Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Iraq exports natural gas to Kuwait


yota691
 Share

Recommended Posts

 
2487.jpg

Economy News _ Baghdad

Iraqi oil minister Jabbar Ali Hussein al-Allaibi said on Friday that the joint technical committee between Iraq and Kuwait has taken advanced and important steps to expedite the implementation of the agreement to export Iraqi crude gas surplus from the Rumaila field to Kuwait.

"The Joint Committee has completed all relevant procedures and is now finalizing the implementation of the agreement in the near future," Al-Allaibi said in a statement received by Al-Iktissad News.

He added that "the agreement provides for the export of 50 million standard cubic feet per day of raw gas from Rumaila field in the province of Basra within the first phase up to 200 million standard cubic feet per day within the second phase of the Convention."

Al-Luaibi described the Kuwaiti side's endorsement of "the great achievement achieved after decades, which puts things in perspective and contributes to the settlement of all outstanding issues between the two countries and enhances bilateral relations and expand investment opportunities and prospects for joint cooperation."

 

 

Views 1   Date Added 09/22/2017

  • Upvote 3
Link to comment
Share on other sites

Editorial date: 2017/9/21 23:05 • 249 times read
Oil Minister: Export of crude gas to Kuwait soon
[Ayna-Baghdad] 
Oil Minister Jabbar Ali al-Allaibi announced that the export of Iraqi crude gas to Kuwait will be soon.
"The joint technical committee between Iraq and Kuwait has taken advanced and important steps to expedite the implementation of the agreement for the export of Iraqi crude gas surplus from the need of Iraq from Rumaila field to Kuwait," the statement quoted the ministry as saying. 
He added that "the Joint Committee has completed all the procedures related to this and is now putting the final touches for the implementation of the Convention in the near future." 
"The agreement provides for the export of [50] million standard cubic feet per day of raw gas from Rumaila field in the province of Basra within the first phase up to 200 million standard cubic feet per day within the second phase of the Convention."
Meanwhile , Oil Minister Jabbar Ali Allaibi welcomed the ratification by the Kuwaiti side of the memorandum of understanding signed between the Iraqi ministries of oil and the oil of Kuwait and the issuance of an Amiri decree approving the listing matches the memorandum on the development and exploitation of the joint border fields to serve the interests of both countries. " 
Promised oil minister" so great accomplishment achieved After decades of putting things in perspective and contributing to the settlement of all outstanding issues between the two countries and working to strengthen bilateral relations between the two countries and expand investment opportunities and prospects for joint cooperation. " 
Al-Allaibi praised the position of Kuwaitis and their sincere desire to Help hard and harness all the possibilities available to support Iraq and its people. "
  • Upvote 3
Link to comment
Share on other sites

5 hours ago, yota691 said:

"The joint technical committee between Iraq and Kuwait has taken advanced and important steps to expedite the implementation of the agreement for the export of Iraqi crude gas surplus from the need of Iraq from Rumaila field to Kuwait," the statement quoted the ministry as saying.

 

"Implementation"!  Snow's favorite word here in DV!!! :twothumbs:

Link to comment
Share on other sites

(by don961)

Iraqi oil: the completion of important steps to implement the agreement to export gas to Kuwait

In the economy of 22 September, 2017 

 
IMG_8488-1-300x189.jpg
Baghdad / SNG
 

Iraqi oil minister Jabbar Ali Hussein al-Allaibi said on Friday that the joint technical committee between Iraq and Kuwait has taken advanced and important steps to expedite the implementation of the agreement to export Iraqi crude gas surplus from the Rumaila field to Kuwait.

"The Joint Committee has completed all relevant procedures and is now finalizing the implementation of the Convention in the near future," Al-Luaibi said in a statement.

He added that "the agreement provides for the export of 50 million standard cubic feet per day of raw gas from Rumaila field in the province of Basra within the first phase up to 200 million standard cubic feet per day within the second phase of the Convention."

Al-Luaibi described the Kuwaiti side's endorsement of "the great achievement achieved after decades, which puts things in perspective and contributes to the settlement of all outstanding issues between the two countries and enhances bilateral relations and expand investment opportunities and prospects for joint cooperation."

link

  • Upvote 3
Link to comment
Share on other sites

2 hours ago, tigergorzow said:

DT Thanks, DV,   Excellent news Iraq & Kuwait playing nice in the "Sandbox".  Let's pray the UN fully release Iraq from Ch7 to Article 8 ASAP.

 

GO HCL

 

GO RV / RI

This might be the catalyst to show the UN that they will be can make arrangements to repay the 5 billion and Kuwait has agree to it.  That would get them over the top.  

  • Upvote 2
Link to comment
Share on other sites

13 hours ago, yota691 said:

contributes to the settlement of all outstanding issues between the two countries

 

This could be the final ink on paper and the closing mechanism on the remaining Iraq's debt to Kuwait, required by UNSC to lift Iraq out of chapter 7 completely.

  • Upvote 5
Link to comment
Share on other sites

The cool portion of this, is that natural gas is seldom used in the valuation of Iraq's wealth when I have looked at the viability of this thing. At one time they burning it off and it appeared that they did not even care. The natural gas alone could bring the infrastructure into being ready to support advancement.

  • Upvote 2
Link to comment
Share on other sites

1 hour ago, moneysoon said:

The cool portion of this, is that natural gas is seldom used in the valuation of Iraq's wealth when I have looked at the viability of this thing. At one time they burning it off and it appeared that they did not even care. The natural gas alone could bring the infrastructure into being ready to support system" rel="">support advancement.

 

Iraq has soooo much Natural Gas it's coming outta their . . . .Well, they don't need to Burn $$$$. Folks from all over use natural Gas. :tiphat:

  • Upvote 1
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.



  • Testing the Rocker Badge!

  • Live Exchange Rate

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.