Iraqi Dinar
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Baghdad calls for Seoul to lift the ban on flights to the country since 2007

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Baghdad calls for Seoul to lift the ban on flights to the country since 2007 Empty Baghdad calls for Seoul to lift the ban on flights to the country since 2007

Post  kiwigirl Tue May 07, 2013 12:48 am

Called Iraqi Oil Minister Abdul Karim and coffee, on Monday, the South Korean government to "lift the ban" on flights to Iraq, and stressed that Iraq's oil exports to Korea continues by terms of the contract with them, as pointed out that Korean companies oil and architectural interested in the implementation of business in Iraq.
He said Laibi, told the newspaper (The Korea Herald) and seen (long-Presse) it, that "Iraq's oil exports to Korea, the (200,000) barrels of oil per day in place by leaps and bounds under the terms of the contracts signed with them," noting that "relations between Korea and Iraq very strong and rapidly evolving. "
He continued to coffee to "strengthen relations between the two countries requires the Korean side lift flight ban imposed by Seoul on flights to Iraqi cities since 2007," adding that "this issue has been discussed with the Korean side during his visit last week to South Korea."
He said the Iraqi oil minister that "many Korean companies are interested in the implementation of business in Iraq, not only oil and gas companies."
The Oil Minister Abdul Karim and coffee stressed, in (April 30, 2013), at a press conference during his visit to the capital of the Korean Seoul, and seen (long-Presse) it, that "Iraq's oil exports for the month of April, rose to 2.6 million barrels per day," noting "Iraq is aimed to reach the rate of export of 3.4 million barrels per day during the next year."
He had a coffee visited South Korea (April 27, 2013), for five days, during which he discussed with Korean officials in the field of energy cooperation and the possibility of strengthening relations between the two countries in various economic activities.
And increased Iraqi oil exports to Korea on an ongoing basis to coincide with the cut Korea to استيراداتها the oil from Iran, a commitment to American sanctions on Iran's oil exports.
The Iraqi oil exports to Korea (60) million barrels during the year 2010 and reached 90 million barrels in 2011, and now you get to Korea (9.6%) of the total needs of oil from Iraq.
It is noteworthy that the Asian oil refineries began searching for alternatives for processing after reducing their dependence on Iranian oil actually under U.S. economic sanctions.
He accused the international community Tehran of using its civilian nuclear program professed to conceal a plan to develop atomic weapons pose a serious threat to the security of the region, and the United Nations continues to impose sanctions graded on Tehran over this file and not allowing international inspectors to visit centers reactors to see nature, while Iran has repeatedly denied seeking to acquire weapons nuclear, stressing that the goal of a civilian nuclear program acknowledged Exchange produces more than 4500 kilograms of enriched uranium since 2007, an amount sufficient to produce four nuclear weapons, according to estimates by experts.
The Ministry of Oil to develop the energy sector through licensing rounds oil and gas began granted to international companies since 2009, and the number of those contracts 11 contracts went to international companies most important (Exxon Mobil) and (BP) and (Shell).
The Oil Ministry has signed contracts last fourth round of licenses in the twenty-seventh of January 2013 to explore the expanse ninth in Basra and the contract went to a consortium of Kuwait Energy Kuwait, UAE and Drakoun Oil.
The Iraqi Deputy Prime Minister for Energy Affairs Hussain al-Shahristani, in the 18 of December 2012, that Iraq is looking forward to the arrival in 2017 to the production capacity of the Faculty at 9 - 10 million barrels of oil per day, a report of the International Atomic Energy Agency that Iraq will reach production of 6 million barrels of oil per day by 2020, and that he will not reach the level of production of 8 million barrels per day, but by the year 2035.
The Oil Ministry revealed on 18 January 2012, a plan to increase oil production during the current year 2012 to reach three million and 400 thousand barrels per day and to increase its oil exports to two million and 600 thousand barrels per day.
The survey prepared by the Organization of Petroleum Exporting Countries OPEC experts and officials in the international oil companies, in the second of this month, said that exports from Iraq and Saudi Arabia's oil raised the rate of oil exports, the monthly of the organization in the month of February, in what was described survey Iraq as "the fastest exporters growing in the world" .
It was clear (10%) of the area of ​​Iraq for deposits of oil and gas with estimated reserves is installed in all parts of the country with estimates ranging between 45 and 215 billion barrels of oil, which creates a great opportunity for international investors who seek to enter the market Iraqi oil and gas through the rounds of the tender announced by the Ministry of Oil
Iraq needs investments worth $ 15-20 billion in investments to create four new refineries and the expansion of the energy sector.
Iraq relies in موازناته financial year on oil and by up to more than 90%, where the Iraqi government announced the budget in 2013 budget amounted to 138 trillion dinars, which adopted the exports increased by 2.9 million barrels at a rate of $ 90 per barrel.
kiwigirl
kiwigirl
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