IRAN STARTS PUMPING OIL FROM AZAR JOINT OILFIELD

[yota691]

 

Iranian gas reaches Baghdad next September

Iran is waiting for Iraq to open the necessary accreditation to begin equipping gas

 

Author: HAA 
Editor: BK 
10/19/2016 18:34 
Number of Views: 1912

 

 

Long-Presse / Baghdad

It announced the National Iranian Gas Company NIGC, on Wednesday, ready to start gas export to Iraq as soon as you open the project's credit Baghdad, indicating that Baghdad is currently negotiating with international banks to be able to open the required accreditation.

The Managing Director of the company, Hamid Reza Iraqi, told media followed up (range Press), said that "Iran is fully ready to start exporting gas to Iraq as soon as the opening credit Baghdad wrote for the project pipeline."

He said Iraqis, that "Iraqis currently negotiating with international banks that could enable them to open a Letter of Credit for the project," adding that "Iran will be ready to supply Iraq with gas soon be able to open the credit."

According to Managing Director of National Iranian Gas Company, said: "Iran has extended a hundred km long pipeline in a project to transport gas between the two countries," noting that "the project will be transferred five million cubic meters of gas per day to Iraq as a first stage."

The National Gas Company of Iran, announced (15 August 2016), Astaadadaha power station in Baghdad processing seven million cubic meters per day through September 2016, indicating that the second line will start pumping gas to Basra during the next 2017, including raising exported to Iraq amounts to seventy million cubic meters per day, while an economist stressed that the Iranians are looking for "the growing market for the disposal of their production" of gas.

It is noteworthy that Iraq and Iran have signed, in August 2013, the standing six-year agreement provides for the import of Iraq's seven million cubic meters of Iranian gas per day, this figure rises gradually until it reaches 25 million cubic meters two years later, so take advantage of it to feed two power plants in Baghdad and a third in Diyala, with a line length of 270 km, extending from fields (Pars) Iranian South all the way to Iraq.

[nannab]

Hi Yota, Why is Iran sending gas to Iraq? I thought Iraq had

ton's of their own/

Edited October 20, 2016 by nannab

[sandfly]

Thanks 

[Wiljor]

Iraq, January 11, 2017 

Iran is ready to begin exporting natural gas to Iraq via a pipeline as soon as Baghdad starts making payments, Iranian deputy oil minister for international affairs and trade, Amir-Hossein Zamaniniya, has said.

“Iran is ready to start the export of gas to Iraq and Iraq is also ready to receive the gas. However, the related letter of credit (L/C) for the project is yet to be opened,” Iran’s Press TV reported on Tuesday.

Iran and Iraq signed an agreement in 2013 under which Iran would export natural gas from its huge South Pars field to power plants in Sadr, Baghdad and al-Mansuriya in Iraq. The project is expected to bring Iran US$3.7 billion in revenues annually. 

Last week, Iran’s oil minister Bijan Zangeneh told the oil ministry’s news service Shana that the country’s gas production had increased by 50 percent over the past three years thanks to new development phases at South Pars. 

A year after the lifting of the western sanctions, Iran is eager to regain its previous oil export market share and sign deals with oil and gas majors for the development of its vast crude oil and natural gas resources.

Just recently, the National Iranian Oil Company (NIOC) released the list of 29 companies that have qualified for bidding in oil and gas tenders.
 

Uranium is on the edge of becoming one of the world’s hottest commodities once again, and this is a once-in-25-year event. This small company could be on the verge of a huge breakout.
The list shows that the biggest European producers, including Shell, Eni, Total, and OMV have all qualified. BP, however, has pulled out of the race because of worry that relations between Iran and the U.S. will get heated once Donald Trump takes office later this month, according to the Financial Times.

Those that qualified also include China’s Sinopec, CNPC, CNOOC, and CNPW, as well as the state-owned oil companies of Indonesia and Malaysia – Pertamina and Petronas – plus Japan’s INPEX Corporation, Itochu, Mitsui, and Mitsubishi, and Japan Petroleum Corporation. Russian Gazprom and Lukoil were also among those qualified for the tenders, as were Danish Maersk, Indian ONGC, and Polish PGNiG.

 

oilprice

http://iraqdailyjournal.com/story-z14596217

[sandfly]

Thanks it's all about the money 

[tigergorzow]

Wiljor Thanks, DV,  Iraq will start paying Iran once the money is flowing from the CBI once they increase the purchasing power of the IQD IMHO.  Remember, Iran stated they were awaiting major issues in regards to the new contract & exchange rate so lets hope they mean RV / RI of the IQD exchange rate. 

Always Keeping the faith!!

GO RV!!

[yota691]

Iran launches gas transit to Iraq this week's line

January 21, 2017 | 13:10   -   Number of readings: 34 Show

 

Network Iraqi position
 

The presence of Iranian Oil Minister Bijan Zanganeh, the inauguration of a pipeline for the export of Iranian gas to Iraq this week.

 

According to the Agency for International Tasnim news it is scheduled to be inaugurated next Tuesday a pipeline for the export of Iranian gas to Iraq and start pumping gas to this country operations.

 

The two sides of Iran and Iraq have signed a memorandum of understanding on the export of Iranian gas to Iraq in 2009, it turned this note subsequent to the agreement provided for the issue of Iran from 20 to 25 million cubic meters of gas to Iraq.

 

In October last year signed a second agreement on the export of Iranian gas to Iraq and agreed on the transfer of the 25 to 40 million cubic meters of gas to secure fuel, "the Shatt al-Basra terminal."

 

Font creation and faced some difficulties operations due to security issues in Iraq, where he was expected to be sent to the gas from Iran to Iraq, starting in 2013.

 

Iranian and Iraqi The two sides reached after intensive talks over the past two months, an agreement to this line launched this month, where he will be next Tuesday the launch of a pipeline to export Iranian gas to Iraq and start pumping gas to this country operations.

[yota691]

The inauguration of a gas pipeline Iran to Iraq

economy

 Since 21/01/2017 13:46 pm (Baghdad time)

Baghdad balances News

Said Iranian Oil Minister Bijan Zanganeh on Saturday for the inauguration of a pipeline for the export of Iranian gas to Iraq this week.

According to the Agency for International Tasnim news agency that "it is scheduled to be inaugurated next Tuesday a pipeline for the export of Iranian gas to Iraq and start pumping gas operations."

The two sides of Iran and Iraq have signed a memorandum of understanding on the export of Iranian gas to Iraq in 2009, and turned the note later agreement stipulates that Iran exports from 20 to 25 million cubic meters of gas to Iraq.

In October last year signed a second agreement on the export of Iranian gas to Iraq and agreed on the transfer of the 25 to 40 million cubic meters of gas to secure fuel, "the Shatt al-Basra terminal."

Font creation and faced some difficulties operations due to security issues in Iraq, where he was expected to be sent to the gas from Iran to Iraq, starting in 2013.

Iranian and Iraqi The two sides reached after intensive talks over the past two months, an agreement to this line launched this month, where he will be next Tuesday the launch of a pipeline to export Iranian gas to Iraq and start pumping gas to the operations of this Albuld.anthy 29 / D 24

[tigergorzow]

Iran to launch line for exporting gas to Iraq as of Tuesday

"Follow The Money"

January 21 2017 09:39 PM

Gas pipeline in Iraq

 

 Iranian Oil Ministry is to start the inauguration of Iran’s gas export pipeline to Iraq next Tuesday, Jan. 24.

According to a news report, “Iranian Oil Minister Bijan Zangana planned to attend the ceremony of inauguration of pipe Iranian gas export to Iraq line next Tuesday, after encountering font creation processes long interruptions and difficulties due to the security situation in Iraq.”

The two sides of Iraq and Iran had reached after intensive talks over the past two months, an agreement to this line launched this month, where he will be next Tuesday direct operations to pump Iranian gas to Iraq.

It is scheduled as the agreement signed between the two countries that Iran export of 20-25 million cubic meters of gas to Iraq..

Iran and Iraq signed an agreement in 2013 under which Iran would export natural gas from its huge South Pars field to power plants in Sadr, Baghdad and al-Mansuriya in Iraq. The project is expected to bring Iran US$3.7 billion in revenues annually. 

http://www.thebaghdadpost.com/en/story/5273/Iran-to-launch-line-for-exporting-gas-to-Iraq-as-of-Tuesday

[Jmcc]

Don't know why a deal like this is going down. Iraq is burning off more than that from their own wells. Money spent on Iranian gas would go a long way to rebuild the infrastructure in Iraq. 

[sandfly]

Thanks 

[Wiljor]

IRANIAN GAS TO FLOW INTO IRAQ YEARS AFTER INITIAL AGREEMENT

Iraq, January 23, 2017 Iran will begin exporting natural gas to Iraq this week, Iran's oil minister said,years after the initial announcement of construction of an Iran-Iraq natural gas pipeline and postponements because of awaited payments from Baghdad, The additional fuel should supplement Iraq's under powered electricity grid.  Bijan Zangeneh, the Iranian oil minister, was reported by the Iranian news agency Tasnim as saying that the pumping of natural gas through the pipeline is slated to begin on Tuesday.  The pipeline connects the largest natural gas field in the world, the South Pars/North Dome Gas Condensate field, which is shared by Iran and Qatar, to the Iraqi city of Basra. The Basra Province has some of the country's largest natural gas power plants and a processing plant.  Rudaw reported in May 2016 that the pipeline will supply 50 million cubic-meters of gas per day, capable of generating 3,500 megawatts of power per day.  Though Iraq is a major OPEC oil producer, the country has been incapable of meeting its residents' electricity consumption. Iraq's peak electricity demand was 21,000 megawatts in the summer and the grid is only able to supply about 13,000 megawatts, Reuters reported last April.  Iran and Iraq signed a 2013 agreement regarding Iran's export of natural gas, but the pipeline wasn't completed until June 2016 because of security issues , then Tehran was awaiting payments from Baghdad.  “Iran is ready to start the export of gas to Iraq and Iraq is also ready to receive the gas. However, the related letter of credit for the project is yet to be opened,” Iran's oil ministry said earlier in January, cited by Iran’s Press TV.  He also announced through the ministry that the country's gas production had increased by 50-percent over the past three years because of improvements at South Pars. rudaw http://iraqdailyjournal.com/story-z14664897

[yota691]

Iran's oil minister to visit Baghdad to inaugurate a gas pipeline with Iraq and to compromise over Kurdistan oil

 

 

2 hours ago

 

 

Twilight News / scheduled to arrive on Tuesday, Iranian Oil Minister Bijan Zanganeh to the Iraqi capital on an official visit to discuss topics related to oil and gaseous cooperation between the two countries, according to Iranian media.
It is also scheduled to be in the presence of Zanganeh inauguration of a pipeline for the export of Iranian gas to Iraq and start pumping gas to this country operations.
The two sides of Iran and Iraq have signed a memorandum of understanding on the export of Iranian gas to Iraq in 2009, it turned this note subsequent to the agreement provided for the issue of Iran from 20 to 25 million cubic meters of gas to Iraq.
In October last year signed a second agreement on the export of Iranian gas to Iraq and agreed on the transfer of the 25 to 40 million cubic meters of gas to secure fuel, "the Shatt al-Basra terminal."
Font creation and faced some difficulties operations due to security issues in Iraq, where he was expected to be sent to the gas from Iran to Iraq, starting in 2013.
Iranian and Iraqi The two sides reached after intensive talks over the past two months, an agreement to this line launched this month, where he is scheduled to be today the launch of a pipeline to export Iranian gas to Iraq and start pumping gas to this country operations.
According to the agencies, the Iranian Zangana will discuss with his Iraqi counterpart Jabbar Allaibi the future of the oil market and the role of Iran and Iraq in the Organization of Petroleum Exporting Countries "OPEC".
Zanganeh will discuss the subject of bartering oil province of the Iraqi Kurdistan via Iran, extending the oil pipeline from the province of Sulaymaniyah into Iranian territory.
And it will also discuss the well, the establishment of the oil pipeline transmission line from Basra to the Iraqi "Abadan" refinery in southwestern Iran, the opposite track any pipeline transport of oil derivatives from Basra to Abadan.

   

 

 

[yota691]

Official: Iran to start gas exports to Iraq in March 21

Iraq-Iran cooperation would raise obstacles to the export of Iranian gas at a reasonable price and without an intermediary - the image of Reuters Arabian Eye

 

 March 5, 2017 14:18

Directly he said Iranian Oil Minister Assistant, it will be Iran 's gas export to Iraq as of March 21, quoting the Iranian news agency "IRNA". 

He said Hamid Reza Iraqis, according to "IRNA", that this Iraq-Iran cooperation will raise obstacles to the export of Iranian gas at a reasonable price and without an intermediary. 

Iraq had signed two agreements with Iran to import gas, which will export Iranian gas to the two areas of Baghdad and Basra.

The Oil Ministry announced that Iran has been providing the possibility of starting the first phase of gas export to Iraq card 25 million cubic meters of gas daily, referring to the height of this size to 35 million cubic meters of gas in the hot days.  

The Iranian Energy Minister in electricity affairs, said in mid - February, said that his country will resume theexport of electricity to Iraq after the recent opening line of credit . 

And consumes Iraq, the second largest oil producer in OPEC after Saudi Arabia, about 70% of its production of natural gas. 

[yota691]

The date is the same...from the above article...

Iranian approve next year's budget

Tehran / March 5 / March / Arna- acknowledged members of the Islamic Shura Council of the next Iranian year budget (starts March 21 March) it has reached 11 million and 527 thousand billion rials (US dollar = 32,000 rials).

 

During the open meeting of the Islamic Consultative Assembly held on Sunday next Iranian year budget approved the approval of 160 deputies and 19 deputies objection, with 4 MPs in the presence of 200 deputies. 
And reached the budget in terms of sources , 11 million and 527 thousand and 108 billion and 969 million riyals in total in terms of costs and expenses 11 million and 527 thousand and 108 billion and 969 million riyals , divided as follows: 
A: sources of the state budget at the level of revenue and financial deposit investment amounting to 3,000,983 thousand and 833 billion and 335 million riyals. 
B: balancing state - owned companies, banks and government institutions profitability of earnings and other sources of funding, amounting to 8,000,005 thousand and 121 billion and 48 million riyals, and the cost level and other payments amounting to 8,000,005 thousand and 121 billion and 48 million riyals. 
Done a ** h ** 1837

 

[Officiallytook]

Here's that's date again 21st

[WheresmyRV?]

I have a feeling that something is going to happen with Iraq's or Iran's currency on that date!

 

[yota691]

07/03/2017 (00:01 pm)   -   the number of readings: 121   -   thenumber (3870)

 

 

Iraq and Iran constitute a committee to resolve differences joint oil fields

 Baghdad / term 
 

After long years, Iraq and Iran decided to form a joint committee to resolve differences on the oil fields between the two countries and the supply of new oil pipeline to Iran, it has signed the Iraqi Oil Ministry on February 20 of 2017 , a memorandum of understanding with the Ministry of Iranian oil, to resolve the dispute over the joint oil fields and study the construction of a pipeline to export crude from the Kirkuk oilfields - northern Iraq through Iran, the study of the transfer of Iraqi crude to Iran 's Abadan refinery. 
He said Iraqi Oil Minister Jabbar and coffee in a statement at the time, he agreed with his Iranian counterpart Bijan Zanganeh, during the recent visit to Iraq, to coordinate positions in the organization , "OPEC", to achieve a balance in the world oil markets, including supporting oil prices, the study of pipeline construction for the export of crude oil from the Kirkuk fields through Iran. 
Located 5 oil Iraqi fields on the border with Iran, namely: dehloran, oil a month, the threshing floor of the West, Aban, and light, with Baghdad and Tehran share the fields , Majnoon, the father of the West, Bazargan, loose change, and oil - box, and contain those fields are confounded enormous amount of crude oil light near the Earth 's surface and backed up to more than 95 billion barrels, the largest reserves of hydrocarbons in the Middle East. 
And it embarked on Iranian companies in the February 2nd of 2017 , drilling 20 new wells in the southern "Azadegan" field, which is the biggest joint oil fields between Iraq and Iran. 
Countries and the exchange of accusations between now and then about the abuse on joint oil fields, which called for the formation of a committee to resolve those differences. 
The Global Center for Development Studies, based in London, has pointed out in a 2012 report, that the size of Iraq 's losses from the excesses of Iran on joint oil fields totaled $ 17 billion, or about 14 percent of annual state revenues, pointing out that, the size of what Tstensvh Iran from Iraqi oil in 2012 amounted to approximately 130 thousand barrels per day, from 4 common fields, fields are: dehloran, oil a month, the threshing floor of the West, and has shown. 
The center said in its report: If the two sides went in the implementation of this idea, the federal government in Baghdad will cut it for use subject to the Kurdistan region of Iraq the pipe, which transports oil from the north to the port of Ceyhan in Turkey is loaded on ships after that line.

[DoD]

On ‎10‎/‎20‎/‎2016 at 7:29 PM, nannab said:

Hi Yota, Why is Iran sending gas to Iraq? I thought Iraq had

ton's of their own/

nannab, you are correct about Iraq having probably 10 times as much of gas as Iran. Problem is between Sadame Hussein an Maliki Iraq is at a minimum 50 years behind the rest of the world. Iraq is flaring off (burning) the same gas that their buying from Iran, why, because they have no way of refining it or controlling it. They lack the infrastructure to harness this valuable resource.

Their locked into a 6 year contract now with Iran beginning in August 2013 so they have time to build their own pipe line an control measures of this natural gas their buying. They need this gas to run the electric plants their gonna build along with the other uses of gas, I'm thinking this 6 year contract will give them more than ample time to get their own gas infrastructure online an operational...

[nannab]

That makes sense, I didn't think that they were that far behind.  Thanks DOD

[Wiljor]

 

Iraq, March 19, 2017 

Iran on Tuesday, March 14, began pumping 15,000 barrels/day of crude oil from Azar Oilfield which it shares with Iraq.

Early production from the field, located in the border city of Mehran, began in a ceremony held in the presence of Iranian Minister of Petroleum Bijan Zangeneh.

Azar Oilfield development project is aimed at production of 65,000 b/d of crude oil.

Crude oil recovery from the field will double during spring and reach the envisioned 65,000 b/d by the end of the next calendar year to late-March 2018.

Azar structure is an asymmetric anticline located in the Anaran exploration block in the foreland basin of the Zagros fold and thrust belt along the Iran-Iraq border. Total length of the field (on top of Ilam Fm.) is more than 36.5 km including the extension in Iraq, approximately 13.5 km on the Iranian side.

The development plan of the project totally consists of drilling 19 wells during 55 months as well as designing and constructing required surface facilities, separation units and transferring pipelines.

Azar, shared by Iran and Iraq, is estimated to hold 2.5 billion barrels of oil in place.

 

businessnews

http://iraqdailyjournal.com/story-z14977289