Iraq aims to increase oil production of 300 thousand barrels per day by the end 2010
Iraq's oil minister said on Friday that his country hopes to increase crude production by more than 300 thousand barrels per day by the end of next year.
The minister Hussain al-Shahristani, speaking at a conference of experts to discuss ideas on enhancing the production of oil in the short term.
Iraq is seeking to conclude a long-term contracts to develop oil and gas fields, but large at the present time needs a quick solution.
Shahristani said he would be meeting to discuss a plan to increase crude production by more than 300 thousand barrels per day this year and next.
Iraq currently produces 2.3 to 2.4 million barrels per day on average which is less than the output before the US-led invasion in 2003.
Exports have faltered due to technical problems, but it reached its highest level after the invasion in May when it reached two million barrels a day.
He said Iraqi Prime Minister Nuri al-Maliki told the conference that the Iraqi government and a race against the clock every day that passes, breaking down the oil industry loses the opportunity to develop.
And now the need to reform the oil sector even more urgent after the collapse of oil prices since the highest level ever in July at about $ 147 a barrel.
The Government sent a team has extensive powers to investigate the vulnerability of production from the oil fields of Iraq and make recommendations to increase production quickly.
Is scheduled to make recommendations during the conference.
Iraq has been forced to reduce the proposed budget for 2009 due to the retreat twice the price of oil revenues, which constitute more than 90 percent of government revenue.
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01-03-2009, 10:00 AM #481
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01-03-2009, 10:06 AM #482
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Package for the drilling of oil wells between Iraq and Britain
The new joint venture company between Iraq and Mesopotamia Petroleum Company (or. Me.'s) That the value of British investment company will be 400 million dollars. The objective of the establishment of joint venture is to increase the production of Iraqi oil.
One mother said. Me.'s Company in a statement that the British and the Iraqi Drilling Company intend to invest 400 million dollars to enable the new company under the name of the company's services to the Iraqi oil to buy and operate 12 new rigs and provide the necessary support and working capital for this purpose.
The two companies signed an agreement establishing the joint venture on Thursday in Iraq as part of a drive to increase production in the short term.
The company will dig that Iraq has 51% of the 60 new oil wells per year are expected to increase Iraq's oil production of 120 thousand barrels per day within a year, to focus initially on the southern oil fields. The agreement came at a time when Iraq goes ahead with his plans for the award of contracts for oil companies to develop giant oil and gas reserves are huge.
Iraq has the third largest oil reserves in the world.
And Iraq's oil production hovered around 2.3 2.4 million barrels a day in recent months, much less any of the production prior to the invasion in 2003.
Iraq relies entirely dependent on oil revenues to the government, which needs to increase production to compensate for the collapse of oil prices.
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01-03-2009, 10:52 AM #483
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Britain to host international conference on Iraq by the end of April next
The British Foreign Secretary David Miliband said that London would host the end of April next international conference on investment in Iraq. The minister David Miliband said in a statement to the newspaper / Sabah / Iraq on Tuesday that Britain is seeking to establish a comprehensive partnership with Iraq at all levels of political, economic and cultural praising the courage of Iraqis in the face of difficult circumstances that followed the change.
Miliband said that Britain is moving and focus on a comprehensive partnership with Iraq at all levels of political, economic, educational and cultural in addition to military cooperation and security and the continued training of Iraqi forces, adding that his focus on building Iraqi institutions and Iraqi capabilities needed to manage these institutions.
"We appreciate the suffering of Iraqis during the past few years, we have seen with great courage in the face of what passed and determination of the investment opportunities available to their country.
Latest sign of the British Foreign Secretary to be completed by the final withdrawal of British troops from Basra in southern Iraq during the next few months, saying that Britain's strategic commitment to Iraq is clear and that the withdrawal came after the completion of training and rehabilitation of the Iraqi armed forces.
"We do not want to interfere, but specific dates of the British withdrawal will be made during this period and we would welcome and support the growing capabilities of Iraq because it will lead to Iraqi control of Basra and was being achieved on the ground, we consider an important achievement, an event most of the strategic cooperation between Britain and Iraq during the recent years.
Miliband stressed that Iraq is an independent, democratic, sovereign, Britain's commitment to strategic and we are working with Iraq to provide the necessary assistance to him in all areas, adding that the protection and security of Iraq depends primarily on the Iraqis themselves and they continue to develop their military and civilian Mussathm.
He added that full partnership with Iraq did not mean to be between the British and Iraqi governments, but only between the British and the Iraqi people and at the level of culture, education, human rights and development in general.
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01-03-2009, 11:04 AM #484
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Parliament calls provincial councils elected to use money recycled from last year's budget
Invited member of the Committee on Employment and Social Services Deputy Bouchra Kinani provincial councils elected to use the money recycled from last year's budget to the 2009 budget.
The Kinani told the independent press (Iba) today, Sunday, has been diagnosed with the Tlkua clear governorates in the implementation of projects and investment plans have not been completed, especially with regard to infrastructure, which this year must be elected development councils of the Samurai and programs for the rapid implementation process.
She added that the reality of the province of Karbala, for example, a witness to the lack of follow-up of developments in the field experienced by the province receives millions of visitors per day, although the activity of the tourism sector and the work of the hotels, adding to the continued deterioration of the situation, the service and survival mechanisms and the context of traditional employment - as she .
Kinani said that the Commission has a lot of laws and important decisions that could actually pay the service in Baghdad and the provinces to speed up before the completion of infrastructure projects. It pointed out that the subject of the President of the Chamber of Deputies was the last of these laws in the meetings.
She stressed that the administrative and financial corruption of the most serious social ills that must be combated in order to ensure the continued flow of funds and successful completion of projects. Claim Alracbip actors to play a clear role in the follow-up cases of corruption this year.
Kinani The government blamed the responsibility for delaying the ratification of the oil and gas, because of the lack of agreement on a specific, noting that the House had not yet received the amended version.
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01-03-2009, 11:41 AM #485
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Secretariat of the Council of Ministers: to improve cellular service in three months
Instructed the Secretariat of the Council of Ministers to the Committee of Ministers in charge of granting licenses for m.obile phone and follow up the implementation of the decision of the Council of Ministers adopted at its seventh regular on 24/2/2009 and containing the approval of the remaining installment of the amount of the license due to the m.obile phone companies into three annual installments and interest rate of 4%, and the decision to link the issue of the need for the installment of these companies to improve the cellular telecommunications service within three months from the date of this resolution and the support of the above-mentioned committee.
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01-03-2009, 12:25 PM #486
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Minister of Labour signed a contract with finance to complete issuance of smart cards to beneficiaries of welfare
The Ministry of Labor and Social Affairs on the signing of contracts with the Ministry of Finance to complete the issuance of smart cards for Bmstvide social protection network for the five provinces, including Baghdad province.
The General Director of the Department of Social Welfare, Issam Abdul-Latif told the independent press (Iba) said Sunday that Baghdad's share of the total 100 thousand cards and 10 card Najaf 4 thousand and 250 card and Karbala 33 thousand and 750 card and Diwaniyah province, 38 thousand and 750 card and Babil province, 57 thousand and 500 smart card, noting that banks are currently willing to issue such cards.
The spectrum of this process to decide the issue of ending the citizens deal with post offices that were not there for the required level of substantial disruption in the distribution of subsidies to the beneficiaries.
The Director-General to these types of cards are more modern than the previous one issued by the Chamber of the end of the month of August last year, as well as forgery-proof and will be the development of the additional ATMs in the branches of a bank of good and deployed in Baghdad, Iraq, and the four provinces agreed upon.
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01-03-2009, 12:28 PM #487
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Minister calls for resolution of completion of the smart card protection covered by subsidies
The Minister of Labor and Social Affairs Mahmoud Al-Sheikh Radhi with a smart card in Iraq, the possibility of the inclusion of all beneficiaries of the benefits of social protection network and the smart card to speed up the completion of this project to serve this important segment of Iraqi society.
A source at the ministry told the independent press (Iba) today, Sunday, that the company involved the issuance of such cards has increased the distribution outlets of the beneficiaries and the divided branches of the bank Rafidain and Rashid in Baghdad, noted that the ministry has made provision for subsidies (2482), taking advantage of the (14000) beneficiaries were Smart Card exchange them.
He said the company would increase the outlets of the card in Baghdad, where five branches will be opened in Sadr City as well as to increase the payment centers to ten centers in the side of Karkh.
The source noted that the minister stressed that strive to accomplish this project aimed at protecting the poor in the Iraqi society and to protect them from exploitation by the owners of some vulnerable people.
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01-03-2009, 12:32 PM #488
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Barham Salih describes a review of oil policy Balmovqp
Deputy Prime Minister Barham Salih, on Sunday, a symposium was held to review the policy in Iraq Balmovqp oil, adding that Iraq faced "a challenge" in the export of oil and if it does not affect the Itdarkha lives of citizens.
He said the benefit of the Agency (Voices of Iraq) on the sidelines of the seminar was held at the Rashid Hotel in Baghdad to review oil policy in Iraq for three days, "the symposium was successful and successful, and the views put forward proposals for the Iraqi oil experts and foreign for the development of the reality of Iraq's oil export, which calls for the funding and the need for foreign expertise ".
"The reason for the convening of the symposium is to get out of the current pattern and open space for development in the investment and export oil," saying that "Iraq faces a major challenge in the process of export of oil, if that is not Itdarkha affect the lives of citizens."
The symposium was held a policy review of oil in Baghdad on Friday (27\2) the presence of Prime Minister Nuri al-Maliki, Deputy Prime Minister Barham Saleh and Oil Minister Hussain al-Shahristani and economic advisers to Prime Minister Thamir Ghadhban Bckbyarham.
He highlighted the benefit of the recommendations of the symposium, "The re-formation of the National Oil Company's oil ministry to focus on its organizational, as well as the establishment of the higher oil institutions to observe the process of oil and oil investment in the various regions of the country, as well as monitor the work of foreign oil companies of investment."
The Deputy Prime Minister explained that "a review of oil policy in Iraq, emphasized the maximization of oil export in record time, that Anktefi oil sector, the current administration and the use of foreign expertise to the world," adding that the goal is to increase exports at the level of three levels and plans.
The "plan contains three times the first six months of initial production and production capacity by 500 thousand barrels per day and the second for two years and their four million barrels per day and the third for the next four years to get production from six to eight million barrels a day."
He pointed out that the benefit of "meeting at the seminar stressed the need to develop incentives for foreign investment and the provision of the national interest in maximizing production, and that the door is open to review the current settings of the traditional aspirations of Atalpi and Mtelzmat need," he said
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01-03-2009, 12:45 PM #489
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Presidents Talabani and Ahmadinejad hold press conference
Iraqi President Jalal Talabani and Iranian President Mahmud Ahmadinejad on Saturday, Feb. 28, held a joint press conference at the Presidency office in Tehran.
The Iranian President said: “Once more, I welcome my dear brother President Jalal Talabani in his second home, the Islamic Republic of Iran.”
He said that the Iranian- Iraqi relations are excellent and are deep -rooted in history.
He added “We are always with each other through thick and thin, in the present day the peoples of the two countries and two governments are determined to take advantage of their full potential capabilities in order to consolidate their relations.”
President Ahmadinejad referred to the importance of his visit to Iraq last year at the invitation of President Talabani stressing that the existence of independent and developed Iraq and Iran of power and effectiveness is in the interest of both countries and the region’s people.
He reiterated that President Talabani’s visit is excellent and fruitful, he added “During this visit we were able to exchange views on bilateral relations and regional and international issues, as the two countries decided to consolidate the cultural and industrial relations between them to the desired level as rapidly as possible, as well as in other sectors such as industry, education, science and modern technology and political issues.”
For his part, President Jalal Talabani said” I commend all the statements made by His Excellency the President of the Islamic Republic of Iran”, referring that Iraq is always seeking to broaden and enhance all aspects of the relations with the Islamic Republic of Iran.
President Talabani expressed his gratitude to the Islamic Republic of Iran for supporting the Iraqi people during the hard days and the struggle against the dictatorship and building the New Iraq.
He emphasized that the relations between both countries could be a model for relations of both countries’ fraternal and independent peoples.
Then in the farewell ceremony, the two Presidents inspected a guard of honor, and national anthems of the Republic of Iraq, the Islamic Republic of Iran were played.
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01-03-2009, 03:04 PM #490
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House of Representatives postponed a vote on the budget for next Tuesday
House of Representatives held its forty-eighth regular, headed by Sheikh Khalid al-Attiyah, First Deputy Chairman of the Board on Sunday approved the first of March 2009 the Palais des Congrès in Baghdad, and began to read out any meeting of the Holy Quran.
The Chair announced that it is supposed to be voting on the draft federal budget for 2009, but he noted that there are proposals to the relevant committees to reduce operational costs and reduce the size of the deficit and there is some response to these proposals and demands, therefore, seems to the presidency of the Council decided to postpone the vote on the draft budget for next Tuesday, the third March to be the final time as he stressed that created the presidency of the Council is not responsible for the delay in not voting on the budget for 2009 he created the request of the Chair of the Committees of Finance and Economic Council to accelerate the completion of the draft budget and calling on the relevant committees to hold intensive meetings and communication officials for the purpose of completing the preparation of the budget.
Beyond the House of Representatives approved the request of the Committee on Culture, Information and Tourism and the effects by giving a deadline for the preparation of the proposed act of the new Iraqi flag in view of the deadline set for the earlier proposal currently in force, and stressed that the Chairman of the Committee on Culture and Information, was to complete the task.
The meeting rose at that remain open for on Tuesday, 3/3/2009.
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