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Minister of Oil: We are keen to support projects to sustain and increase production of oil and gas
Energy Economy News _ Baghdad On Sunday, Minister of Oil, Ihsan Abdul-Jabbar Ismail, affirmed the keenness of the government and the ministry to advance the production sector in the North Oil Company and work to increase, sustain and develop it.
Ismail said in an expanded meeting he held with officials in the North Oil Company, according to a ministry statement received by Al-Iqtisad News, that the ministry aims to expedite addressing technical, economic and security problems and challenges, and launch plans to increase and sustain production based on the development axis of the national effort, and the axis of cooperation with global companies.
And during the honoring of the participants in extinguishing the wells of “Bay Hassan” and “Khabbaz”
For his part, the governor of Kirkuk, Rakan al-Jubouri, praised the ministry’s keenness to develop the North Oil Company, adding that the visit of the Minister of Oil and officials to the company comes in their eagerness to find out plans for development and advancement in this sector, stressing the support of the governorate administration for all efforts aimed at developing the oil and gas industry in the province.
While the Undersecretary for Extraction Affairs, Karim Hattab, stressed that the meetings discussed ways to advance the oil industry, expedite the implementation of plans to sustain and increase production from the oil fields of the North Oil Company, and the optimal investment of gas associated with oil operations.
The Minister of Oil held a meeting with officials in the company, in which he discussed ways to develop and increase production and the optimal investment of associated gas from dry, liquid and sulfur, and the price of the efforts of workers in the gas sector in working to increase production and supply electrical power stations with good quantities of dry gas.
The Minister of Oil instructed to expedite the implementation of optimal investment projects for gas and increase production, stressing his support and backing for these efforts.
The Minister of Oil had arrived in Kirkuk, accompanied by the Undersecretary for Extraction Affairs and a number of officials at the Ministry’s headquarters.
Views 98 Date Added 07/11/2021 https://economy-news.net/content.php?id=25677
International Reality And The Function Of Economic Stability
Sunday 11 July 2021 223 Yasser Al-Metwally International reality alone determines the achievement of economic stability in developing countries.
Any talk about achieving economic growth or development in the third world countries remains dependent on the struggles of the great powers over the domination of the global economy, which is embodied in the game of adults through the structures of international alliances and their changes according to interests.
Sometimes you find it with this country or that and at other times you find it in the opposite, and it is this creative chaos that feeds the survival of the third world countries outside the system of economic stability.
And the tracker of the changes that occurred during the Corona era and the crisis of fluctuating oil prices downward since the end of the year 2019, as its effects intensified in the first quarter of the year 2020, and its indicator is the contraction that afflicted the global economy and the extent of the damage suffered by countries, even to varying degrees, due to the complete economic closure and semi-cessation The life that appeared.
But soon the adults reached somewhat reassuring vaccines, and economic life returned to normal in the countries of the game, and the effects continued to gnaw at the economies of developing countries.
Note now that policies and alliances have begun to change according to the higher interests of each country, and so the game continues, one day with you and one day against you, which means that the international reality alone is responsible for achieving stability here, creating and continuing chaos there.
These external factors, which are politically termed “greedy” and economically “challenges” are what define the identity of the new economic system and control the future of developing economies. and emerging.
The decisions of the “eight” countries do not accept the veto. As for the decisions of the “20” countries, they only have to obey and implement. As for the rest of the economies, they must receive painful consequences and blows.
This scene depicts to us the nature and features of the new economic system based on the remnants and rubble of globalization.
Perhaps the ongoing regional conflicts between the developing countries are the fuel that nourishes and revives and develops the new economic system and keeps it, as I said, at the mercy of the global mood because it alone controls the determination of economic stability.
How will the developing countries and Iraq among them think in the face of this hurricane while they are preoccupied with useless conflicts, but the loss of their peoples and the survival of their economies reeling from the effects of the international mood?
So far, it has not been clear who will win the leadership of the global economy, and this is a mystery that only the hands of those who are firmly rooted in the science of political game can decipher. LINK
Al-Kazemi’s Visit To America Schedule.. Many Files And More Demands
Political | 04:53 – 11/07/2021 Special – Mawazine News,Prime Minister Mustafa Al-Kazemi is preparing to go on an official visit to the United States of America, in his first visit since President Joe Biden took office.
And circles close to the government spoke to “Mawazine News” about the visit, which has not yet matured, because of the talks between the two sides on a specific date, as they want the visit to be not marginal, but rather large because of the files it holds that need a position from both sides.
The circles said, “The files that Al-Kazemi will carry are many, including the file of the American military presence, the establishment of power stations, the training of Iraqi forces, education and health.”
And the circles confirm, “The political forces, especially the Shiite ones, submitted requests to Al-Kazemi to carry them on the visit, including ending the military presence and allowing non-US companies to work in energy projects in Iraq.”
And she indicated, “Al-Kazemi promised to transfer the demands of the political forces to the American administration, during discussions that brought him together with the leader of the Al-Fateh Alliance, Hadi Al-Amiri.”
Last Monday, the National Security Adviser, Qassem Al-Araji, discussed with the US Ambassador to Baghdad the Prime Minister’s upcoming visit to Washington.
Al-Araji’s office said in a statement that the latter “received in his office today, Monday, the American ambassador in Baghdad, Matthew Tueller, to discuss the latest political and security developments in Iraq and the region, bilateral relations between Baghdad and Washington, and joint cooperation in areas that serve the two countries.”
The two sides also discussed, according to the statement, “the expected visit of Prime Minister Mustafa Al-Kazemi to the United States of America, the files that he will discuss with the American side, and ways to make this visit a success, in the mutual interest between the two countries.” Ended 29 / h
Masrour Barzani Discusses With An American Diplomat Joint Cooperation
Sunday 11 July 2021 13:47 | political Number of readings: 322 Baghdad / NINA / – The President of the Kurdistan Regional Government, Masrour Barzani, discussed today, Sunday, with the new US Consul General in Erbil, Robert Palladino, joint cooperation.
Barzani expressed the Kurdistan Regional Government’s readiness for any cooperation and coordination.
The new US Consul General affirmed that the Kurdistan Region is a strategic ally of the United States in the region and that his country will continue to support the Kurdistan Region, especially the Peshmerga forces.
He said: We are working to enhance US investments in the Kurdistan region.
In the meeting, the two sides discussed the relations between the Kurdistan region and the federal government and the upcoming legislative elections, as well as the strategic dialogue between the United States and Iraq, and the importance of the effective participation of the Kurdistan region in this dialogue.
Al-Kazemi Confirms The Issuance Of Arrest Warrants For Corrupt People In The Ministry Of Electricity
POSTED ON 2021-07-11 BY SOTALIRAQ Yesterday, Prime Minister Mustafa Al-Kazemi confirmed working on a strategic plan to maintain electricity as a continuous service for citizens. Al-Kazemi said in a speech during his visit to the Ministers of Electricity and followed by (Al-Mada) that “the terrorists and their supporters continue their attempt to impede life in Iraq, after they were unable to confront our heroic armed forces, and here they are targeting electric power stations and towers continuously, and that there are imaginary forces, working to That Iraq does not reach self-sufficiency in energy and gas, and tries to impede these efforts by every means.”
He added, “Our work on the energy sector and its development will not stop, and we are working on a strategic plan that we establish according to realistic studies to maintain electricity as a continuous service for citizens, and that our solutions in the electric power sector are based on diversifying energy sources and achieving sufficiency in gas or other fuels to operate generation stations.”
The Prime Minister indicated that, “Since the beginning of our assumption of our duties, we have said that real and tangible actions will be seen and touched by the citizen, who has had enough of words for years, and that the continuous targeting of the electricity sector is trying to prevent the stability of the electrical system, especially after we opened two modern and important stations in Dhi Qar and Salah al-Din, and there are no quick solutions to the electricity problem, but we put solutions and procedures in the fastest possible performance, and we mobilize all the energies of the production and distribution sectors in order to develop solutions, and for the citizen to see positive results.”
And he stated, “Iraq has previously spent nearly $80 billion on the electricity sector since 2003, but corruption was a strong obstacle to providing energy to people in a stable manner, and it is unreasonable spending without reaching a solution to the problem at its roots.”
He pointed out that “whoever tries to hold the current government responsible for the ruin should review himself and his memory, for ruin and corruption were intertwined in all sectors, and the energy sector was the most prominent among them.”
Al-Kazemi continued, “We understand the citizens’ anger, and we are angry at their anger, as electricity today is facing the results of accumulated poor planning, just as it faces terrorism and its evils at the same time, and we directed the ministries of oil and finance to provide absolute support to the Ministry of Electricity for the sustainability of providing energy to the Iraqi people, and that the crisis cell will follow up and act as quickly as possible.” Reaction to any violations targeting electric power transmission towers.”
He explained, “There is no benefit in temporary prosthetic solutions that we pay for twice, and the most important thing is the work of this government to develop radical, scientific and correct solutions to the problems of the energy sector in Iraq, with short-term plans and medium-term plans, in addition to long-term plans.”
Al-Kazemi pointed out, “Whoever abuses the energy sector through corruption, negligence, or political bargaining over the years, his action is no different from what terrorism does today by targeting energy transmission lines, and that investigations are continuing to pursue small and big spoilers in the electricity sector. Sinners helped terrorism and served its goals, and the electricity sector should not turn into a subject for political and electoral struggles.
The Prime Minister stressed, “Investigations are continuing into areas of corruption within the work of the Ministry of Electricity, and we have already arrested a number of those against whom judicial warrants were issued following these investigations, and the first constant is to go beyond routine and reduce bureaucracy, because it is one of the reasons for the deterioration of the energy sector, and its harm is not It is different from corruption.” LINK