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TNT
Tishwash:
this was in Iraq’s news
Venezuelan Minister: We are close to producing one million barrels of oil per day
Venezuelan Oil Minister, Pedro Telechia, announced that his country is close to producing one million barrels of oil per day for the first time in more than five years.
“We can officially say that we have exceeded 950,000 barrels per day this month,” Telechia said during an official event in the capital, Caracas, adding, “We are very close to producing one million barrels.”
Oil production peaked in 2008 with 3.5 million barrels per day, but declined years later due to strict US sanctions.
Last month, Washington re-imposed sanctions on Caracas six months after easing them, in response to “the government’s continued repression of opponents before the July elections.”
However, Spanish energy giant Repsol has received permission from the United States to continue operating in Venezuela.
The Venezuelan Oil Minister said last month that he was optimistic that Venezuelan oil production would reach one million barrels per day soon, for reasons including the agreement with Repsol.
Telechia is also the president of the Venezuelan oil giant Petroleos de Venezuela (Pedivesa).
Venezuela’s production reached 910,000 barrels per day by the end of May, according to the Organization of the Petroleum Exporting Countries (OPEC).
The country’s production fell to less than one million barrels per day in 2019 when the United States imposed sanctions following the re-election of President Nicolas Maduro a year ago.
By 2020, the number was less than 400 thousand barrels.n link
CandyKisses:
Sudanese on Eid: We are committed to the sovereignty of Iraq and the extension of the hand of law
On Sunday, Iraqi Prime Minister Mohammed Shia al-Sudani congratulated Iraqis on the occasion of Eid al-Adha.
Al-Sudani expressed, in a statement received by Shafaq News Agency, his calls for more goodness, security and stability for the Iraqi people and the peoples of the Arab and Islamic worlds, and also called for mercy and victory for the people of Gaza, stressing the need to respond to aggression from them.
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Al-Sudani stressed the renewal of the covenant with the Iraqi people of all categories and sects to continue to work hard and diligence to achieve all the provisions of the government program, which aims to meet the demands and aspirations of the Iraqi people and face the challenges and difficulties that stand in their way.
Al-Sudani added that the government continues to shoulder its responsibilities towards Iraq’s sovereignty, extending the hand of law, liberalizing and developing the economy, achieving progress and development, creating creative opportunities, and combating social ills and corruption throughout the country.
The Acting Speaker of the House of Representatives, Mohsen Al-Mandalawi, also offered his congratulations, on the occasion of Eid al-Adha, and called in a statement, received by Shafaq News Agency, for concerted efforts to enhance security and stability and support the construction and reconstruction movement.
The Acting Speaker of the House of Representatives renewed his call on the international community to stop the Zionist aggression against Palestine and the countries of the region, stressing the need for serious and immediate action in order to break the siege on the Gaza Strip to bring in urgent humanitarian aid.
Iraq’s oil exports to America rise significantly in a week
The US Energy Information Administration announced on Sunday that Iraq’s oil exports to America rose during the past week.
The administration said in a table seen by Shafaq News Agency, “The average US imports of crude oil during the past week from 9 major countries amounted to 6.120 million barrels per day, up by 363 thousand barrels per day from the previous week, which amounted to 5.757 million barrels per day.”
She added that “Iraq’s oil exports to America amounted to 228,000 barrels per day last week, up by 102,000 barrels per day from the previous week, which amounted to 126,000 barrels per day.”
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The administration pointed out that “the most oil revenues of America during the past week came from Canada at a rate of 3.974 million barrels per day, followed by Mexico with an average of 987 thousand barrels per day, followed by Saudi Arabia with an average of 278 thousand barrels per day, and from Nigeria at a rate of 208 thousand barrels per day.”
According to the table, “the amount of US imports of crude oil from Ecuador was at a rate of 149,000 barrels per day, from Brazil at a rate of 134,000 barrels per day, from Libya at a rate of 87,000 barrels per day, and from Colombia at a rate of 75,000 barrels per day.”
Source: Dinar Recaps
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