Baghdad, April 8 reported that the Iraqi Kurdish regional government (KRG) Minister of Natural Resources Ashti Hawrami today published in the official government Web site a statement that the Kurdish regional government in Iraq every day from oil exports in the region of 100,000 barrels of oil.
He said, KRG has been completed before the Kurdish region in northern Iraq oil fields and to the Turkish port of Ceyhan oil export pipeline to connect, but, he said, adding that such exports have to get the federal Oil Ministry in Baghdad's approval.
Media reported in November last year, said, KRG and the central government has to solve the Kurdish region of Turkey oil export dispute, however, subsequently denied that there was the matter of Baghdad.
The central government in Baghdad and the KRG in many Kurds with foreign companies signed contracts and oil revenues of oil and gas law to date there are still serious differences. Baghdad that these oil and gas contract is null and void because they did not receive the approval of the Central Government.
Hawrami said, KRG intends by the end of 2010 the Kurdish region from oil production 450,000 barrels of oil.
Source: www.in-en.com Apr. 9, 2009
IEA: lower oil prices will greatly stimulate the economies of oil importing countries
International Energy Agency (IEA) Executive Director Nobuo Tanaka on April 2, said low oil prices of crude oil-importing countries will bring a very positive economic impact.
Nobuo Tanaka explained that the end of this year if oil prices can be maintained at around 40 U.S. dollars a barrel, then it means that this oil-importing countries of the expenditures for imported crude oil than last year, substantially reduced.
Nobuo Tanaka called upon States to increase the economic stimulus plan for the development of green energy inputs. He warned that the International Energy Agency heard a lot of green energy investment plan was to reduce or cancel the message, but if the investment, in 2013 the world will be facing a new oil crisis.
Source: www.in-en.com Apr. 7, 2009
Nobuo Tanaka explained that the end of this year if oil prices can be maintained at around 40 U.S. dollars a barrel, then it means that this oil-importing countries of the expenditures for imported crude oil than last year, substantially reduced.
Nobuo Tanaka called upon States to increase the economic stimulus plan for the development of green energy inputs. He warned that the International Energy Agency heard a lot of green energy investment plan was to reduce or cancel the message, but if the investment, in 2013 the world will be facing a new oil crisis.
Source: www.in-en.com Apr. 7, 2009
Mexican oil revenues jumped to the top of the Latin American counterparts
According to a well-known economic consulting firm in Latin America the report recently released by Economatica, Mexico in 2008 to 96.07 billion U.S. dollars oil revenue Lectra industry rival oil companies in Brazil, becoming the highest-income Latin American oil industry enterprises, the second Petrobras｡
Economatica report showed that first half of last year, Mexico Oil steady growth of oil revenues, but by the Brazilian oil company third quarter lead, the advantage has been maintained until the fourth quarter｡ Nevertheless, the annual income of 92.05 billion U.S. dollars for oil in Brazil Ink oil companies lost the final, second place｡
Petrobras in 2007 as Latin America, revenue was Economatica most lucrative enterprises, the income of 96.3 billion U.S. dollars｡
Latin America is the world's oil reserves and output second only to the Middle East region, one of Mexico oil production are the highest in the region of the country｡ PEMEX plan to invest 19.4 billion U.S. dollars this year for oil exploration, production and petrochemical industries, with a view to oil day production from the current 2.7 million barrels in 2015 to 300 million barrels｡
Brazil is Latin America's third-largest oil-producing countries｡ Petrobras oil and gas production equivalent to 2,396,000 barrels of oil and gas production｡ increase due to rising oil prices and exchange rates, earnings, Petrobras last year's net profit hit R 33915000000 (approximately 1 real 2.37 dollars) in an all-time high｡
Source: www.in-en.com Apr. 7, 2009
Economatica report showed that first half of last year, Mexico Oil steady growth of oil revenues, but by the Brazilian oil company third quarter lead, the advantage has been maintained until the fourth quarter｡ Nevertheless, the annual income of 92.05 billion U.S. dollars for oil in Brazil Ink oil companies lost the final, second place｡
Petrobras in 2007 as Latin America, revenue was Economatica most lucrative enterprises, the income of 96.3 billion U.S. dollars｡
Latin America is the world's oil reserves and output second only to the Middle East region, one of Mexico oil production are the highest in the region of the country｡ PEMEX plan to invest 19.4 billion U.S. dollars this year for oil exploration, production and petrochemical industries, with a view to oil day production from the current 2.7 million barrels in 2015 to 300 million barrels｡
Brazil is Latin America's third-largest oil-producing countries｡ Petrobras oil and gas production equivalent to 2,396,000 barrels of oil and gas production｡ increase due to rising oil prices and exchange rates, earnings, Petrobras last year's net profit hit R 33915000000 (approximately 1 real 2.37 dollars) in an all-time high｡
Source: www.in-en.com Apr. 7, 2009
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