yota691 Posted March 29, 2015 Report Share Posted March 29, 2015 Abdul-Mahdi: our stock of oil will make us leaders of the country for centuries to come 29/03/2015 12:05 | Number of Views: 383 Font Size: Direction Press Oil Minister Adel Abdul-Mahdi, Sunday, that Iraq's oil reserves would make him leading the country to the countries of the world for centuries to come, pointing to the country's need to increase production and oil exports during the next phase. Said Abdul-Mahdi, in an article published in the local citizen, said that "some delusional thought that the money has been spent in research and development and increase production and drilling more wells in the areas of oil and gas, is the effort is misplaced, because of the difficult economic conditions and the fight against" Daash. " He added that "in spite of the collapse of oil prices, which led to the financial crisis, but Iraq is not the country's poor, and it should adopt a rational policy, and has already trimmed the budget, and omit the billions of dollars of expenses, either unnecessary or that can be deferred, and are increasingly thinking about the revitalization of the economy Ahli and private, which may open new horizons towards reform process and the seriousness of operations. " He said Abdul-Mahdi, in his article, "everyone knows the extent of the Iraqi economy's dependence on oil, now and for the duration of an adversary, Oil will remain a key factor to provide the necessary funds, through an increase in production and exports, to be able to complete the infrastructure vital broadcast in other real sectors .. as well as to maximize the its position in the international markets. " The oil minister stressed that "Iraq is able to do the job investor basic fact we know it and know Investors, which is the magnitude of its assets or the enormous stocks that provide a guarantee for any serious investment in the country," adding that "the reports confirm that our stock oil original is 516.772 billion barrels record, The reserves of the original record 181.4 billion barrels, and the remaining reserve up to 01.01.2015 is a record 142.4 billion barrels, and the gas reserves and associated residual heat up 01.01.2015 is 130.966 trillion cubic feet, of which 32.695 trillion feet of free gas, and 98.271 trillion cubic feet of associated gas, all without the expense of Kurdistan fields and explorations showed recently. " He explained that "these quantities large oil makes Iraq oil countries topping for centuries to come, it has these precautions, he must think hard about how to invest for the benefit of the country and future generations, which made Iraq, nevertheless all conditions experienced or suffered Mnha- attractive to investors as We have seen and are seeing now. " 7 Link to comment Share on other sites More sharing options...
waterman13 Posted March 29, 2015 Report Share Posted March 29, 2015 Wm13 1 Link to comment Share on other sites More sharing options...
Big_J Posted March 29, 2015 Report Share Posted March 29, 2015 Wm13 Link to comment Share on other sites More sharing options...
Wiljor Posted March 29, 2015 Report Share Posted March 29, 2015 Iraq will be the power house of the ME, their currency WILL be worth more, we will all profit, its coming. 3 Link to comment Share on other sites More sharing options...
"Fred" Posted March 29, 2015 Report Share Posted March 29, 2015 Iraq will be the power house of the ME, their currency WILL be worth more, we will all profit, its coming. 1 Link to comment Share on other sites More sharing options...
jeepguy Posted March 29, 2015 Report Share Posted March 29, 2015 you know , when ya read articles like this , Iraq will be the " leader in oil of all countries " this might be true , but if they do not get the dinar values back in line with the other countries they will be a laughing stock of the oil producing countries { this is my thinking any way } they went from above three --- { I do not care if if was saddam boosting it ! it was at this mark in the early years also enough for me too see it will and can go back --- with this statement in the topic } at this moment in time they are giving oil away , just too get above the proverbial { in the black of economics } ........ looking forward too the end of this year too first quarter next , to see what the movement my hold for us and Iraq at least it is positive news ............. thanks yota 2 Link to comment Share on other sites More sharing options...
"Fred" Posted March 29, 2015 Report Share Posted March 29, 2015 I'm game. Happy Sunday everyone 1 Link to comment Share on other sites More sharing options...
eburt Posted March 29, 2015 Report Share Posted March 29, 2015 Every year we see the same articles saying Iraq will be this and that....Stop talking and do something about your currency 1 Link to comment Share on other sites More sharing options...
SgtFuryUSCZ Posted March 29, 2015 Report Share Posted March 29, 2015 ***/// Don't worry, JEEPGUY.... they are hell-bent on coming out higher than the Kuwaiti Dinar, so, we should be good.... we hope ! Link to comment Share on other sites More sharing options...
"Fred" Posted March 29, 2015 Report Share Posted March 29, 2015 ***/// Don't worry, JEEPGUY.... they are hell-bent on coming out higher than the Kuwaiti Dinar, so, we should be good.... we hope ! Sgt. I'll head to church now and do some preying to make this happen. 1 1 Link to comment Share on other sites More sharing options...
Jaygo Posted March 29, 2015 Report Share Posted March 29, 2015 Sgt. I'll head to church now and do some preying to make this happen. Good man! Link to comment Share on other sites More sharing options...
millionaire in training Posted March 29, 2015 Report Share Posted March 29, 2015 ***/// they are hell-bent on coming out higher than the Kuwaiti Dinar, so, we should be good.... we hope ! Yes but the question is "WHEN"........ ??????????? Link to comment Share on other sites More sharing options...
SgtFuryUSCZ Posted March 29, 2015 Report Share Posted March 29, 2015 Sgt. I'll head to church now and do some preying to make this happen. ***/// Excellent plan, "FRED"...! But whilst yer there, we hope yer "preying" on the devil, and 'praying' for The RV...! 1 Link to comment Share on other sites More sharing options...
drj Posted March 29, 2015 Report Share Posted March 29, 2015 Every year we see the same articles saying Iraq will be this and that....Stop talking and do something about your currency Ah...YUP! I am with you, eburt!!! Let's get this DONE NOW! ***/// Don't worry, JEEPGUY.... they are hell-bent on coming out higher than the Kuwaiti Dinar, so, we should be good.... we hope ! Iraq sure does talk about being higher than the Kuwaiti Dinar. As we all know, we need less talk and more action! PUSH THE GREEN BUTTON! 3 Link to comment Share on other sites More sharing options...
10 YEARS LATER Posted March 29, 2015 Report Share Posted March 29, 2015 Still, nothing but chatter and we're waiting on some real action, like say, oh, how about the RV ? Get your poop in a group people. 1 1 Link to comment Share on other sites More sharing options...
Laid Back Posted March 29, 2015 Report Share Posted March 29, 2015 Iraq will be the next powerhouse of the Middle East .! Go Iraq Go oil Go production Go HCL Go dinar Go strong$1+ Link to comment Share on other sites More sharing options...
magawatt Posted March 29, 2015 Report Share Posted March 29, 2015 Oil as an energy resource has a limited future. Lots of current tech (Solar, Hydro, Wind, Tidal & Nuclear) are nibbling away at oil's value. Some more tech on the close horizon will either enhance existent technologies or significantly disrupt current producers. Make hay while you can Iraq! Link to comment Share on other sites More sharing options...
siberian_shaddow Posted March 29, 2015 Report Share Posted March 29, 2015 you know , when ya read articles like this , Iraq will be the " leader in oil of all countries " this might be true , but if they do not get the dinar values back in line with the other countries they will be a laughing stock of the oil producing countries { this is my thinking any way } they went from above three --- { I do not care if if was saddam boosting it ! it was at this mark in the early years also enough for me too see it will and can go back --- with this statement in the topic } at this moment in time they are giving oil away , just too get above the proverbial { in the black of economics } ........ looking forward too the end of this year too first quarter next , to see what the movement my hold for us and Iraq at least it is positive news ............. thanks yota Much appreciated Yota, for bringing the article. I truly agree with you jeep, there going to try to get all there ducks in a row this year. Hopefully the first of 2016 they will be Isis free and there economy booming, the hcl completely signed and put in gazete. All the final laws passed that they need, and then and only then you will have every country in the world fighting to get in line to invest in them. Go Iraq 2016 IMO 1 Link to comment Share on other sites More sharing options...
10 YEARS LATER Posted March 29, 2015 Report Share Posted March 29, 2015 I'll lay odds - 10 to 1 right now - Iraq blows the deadline, they screw around and blow any chance no matter how slim of an RV in June [ highly unlikely anyway, so that becomes a suckers bet ], and we're waiting to see what these fools are going to concoct in the 1st Quarter of 2016. As I said earlier today; Deadlines amuse these people. They're not interested. I feel for Abadi that his word [promises], hinges on this sorry lot of losers. 2 Link to comment Share on other sites More sharing options...
sandfly Posted March 30, 2015 Report Share Posted March 30, 2015 THANKS Link to comment Share on other sites More sharing options...
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