TNT
CandyKissses:
What is the estimated market value of Iraq’s wealth?
Information / Baghdad.The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, on Saturday estimated the market value of Iraq’s resources and their sequence at the level of the countries of the world.
Saleh said, in a statement to the official agency and seen by the information that “Iraq is one of the most important countries in the world, if not at the forefront of nations rich in natural resources or raw materials within the scope of the International Classification of Resources on Earth.”
He added, “Iraq is in the (ninth) sequence among the priority of the countries of the world who possess natural diversity and economic quantities in the capacity of raw material reservoirs that can be manufactured, exported or national industrial use.”
Saleh continued: “The circles estimate that the market value of these raw resources in our country may exceed $15 trillion in current value, compared to about $45 trillion for the United States of America, which is (second) globally, and $75.” trillion for the Russian Federation, which is (first) globally.
Iraq achieves $7 billion from oil sales in June
Information / Baghdad.The Ministry of Oil announced, on Saturday, the total exports and revenues achieved for the month of June.
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According to a statement of the ministry received by the agency / information / that “according to the preliminary statistics issued by the Iraqi Oil Marketing Company SOMO) the total amount of exports of crude oil (100) million (59) thousand and (52) barrels, revenues amounted to (7.115) billion dollars.
“The statistics indicated that “the total quantities exported of crude oil for the month of June from the oil fields in central and southern Iraq amounted to (98) million and (725) thousand and (620) barrels.”
She pointed out that “the quantities exported to Jordan amounted to (299) thousand and (445) barrels, while the exports of Qayyarah were (1) million and (33) thousand and (987) barrels, while the average daily quantities exported reached (3) million and (335) thousand barrels per day.She indicated that “the average price per barrel amounted to (71.11) dollars.”
Tishwash:
After the oil agreement, an expert details a “conditional” mechanism to unify the fuel price between the center and the Region
Gasoline in Kurdistan is 3 times that in Baghdad
An expert in the oil field, Bahjat Ahmed, stressed the need for fuel prices in the Kurdistan region to be identical to their counterparts in other Iraqi provinces. A proposal to send a Kurdish delegation to the capital after the tripartite annual budget was approved.
In his interview with (Baghdad Today), the oil expert confirms that Baghdad is obligated to send oil derivatives to the region after the recent agreement on Kurdistan’s share and the commitment of the regional government to hand over its oil.
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According to Ahmed, after “reaching an agreement between the two parties, fuel prices in the region should be similar to what they are in Baghdad and other provinces, with the price of one liter of gasoline being 450 dinars.”
He notes that “the federal government has stopped sending oil products to Kurdistan since 2015, after budget disputes between the two parties.”
More than a year ago, the region witnessed a qualitative boom, with fuel prices doubling, which led to an increase in internal transportation fares, as the price of one liter of regular gasoline reached 850 dinars, and the improved one to 1,000 Iraqi dinars.
As a result, waves of anger formed, calling on the Kurdistan government to reduce prices, but the latter has not responded yet. link
Source: Dinar Recaps
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