Oil Production

[Psycho for Dinar]

Thought this could be and interesting thread....here's what I found

http://www.menafn.com/qn_news_story_s.asp?StoryId=59077

[MJI Capital]

Thought this could be and interesting thread....here's what I found

http://www.menafn.com/qn_news_story_s.asp?StoryId=59077


Great find Psycho. You da' man!!! :D You won't ever find this in mainstream media.

[RET]

GRRRRREAT article!!!!! :D

[Marilyn]

Nice Find !

[Psycho for Dinar]

Another possible investor in Iraq??

http://www.etaiwannews.com/Taiwan/2004/08/02/1091413829.htm

[Marilyn]

You do find some interesting material !
Thanks, Psycho :D

[Psycho for Dinar]

Protecting the oil...

http://news.bbc.co.uk/2/hi/middle_east/3526016.stm

[Psycho for Dinar]

Measuring the "Black Gold"..........

http://money.cnn.com/2004/08/04/news/international/iraq_oil.reut/

[Psycho for Dinar]

Another good article on measuring the "Black Gold".......
http://www.iht.com/articles/532469.htm

[Psycho for Dinar]

This link is GRRRRRReat as Tony would say, everything and anything you ever wanted to know about their oil production!!!

http://www.eia.doe.gov/emeu/cabs/iraq.html :D

[Psycho for Dinar]

Oil production resumes in Kirkuk!

http://www.channelnewsasia.com/stories/afp_world_business/view/100930/1/.html

[danpeg]

Psycho is on fire today :D

[Volpar]

Under U.N. Security Council Resolution 1483, Iraq's oil export earnings are immune from legal proceedings, such as debt collection, until the end of 2007.
what dose this mean Iraq will go to court?

[Psycho for Dinar]

http://www.reuters.com/financeNewsArticle.jhtml?type=businessNews&storyID=6059093

Good news!!!

[FAST1]

Imagine that! I have a strong feeling that every time some idiot blows a pipeline-they will get it going asap. I am not really as concerned as some members were when production was cut. :)
They know what to do, nobody is going to stop them either! :no:

The Iraqi's are industrious and we have the best support in the free world there to help them out.

[saintsfan1951]

I have a question and would appreciate anyone with some knowledge to respond. I have friends who are purchasing the new dinars and was wondering how they can sell them when or if they go up in price. Thank you for any information you may have concerning this.

[RogerL]

I took a look at this story that has encouraging information about Iraqi oil exports. It says that southern fields have resumed their 2 million bpd exports, plus 450,000 from Kirkuk, shut down since May.

That adds up to 2.45 million bpd! I thought they were struggling to get back to 1.8 million bpd. If that's true, their exports have just boomed. More hard currency for Iraq means a stronger dinar!

And the northern fields are only at half capacity. Full capacity would mean 2.9 million bpd! Hope they get that part running soon.

Here's the link:

Oil Down Nears $43, Gasoline Prices Slide (http://finance.myway.com/ht/nw/bus/20040825/hlm_bus-n2w361963.html)

[saintsfan1951]

I have called several banks in my area and they said that even after the dinars are put on the market that the banks will not conduct a foreign currency exchange on them. Does anyone know where the dinars can be exchanged for US dollars? My email address is mamerican51@aol.com Thank you

[Henry]

Where ya from, Saintsfan1951? Or should I just say whereyat!

[Jeffrey]

Saintsfan.....I don't know which banks you called. But I believe that it is a general concensous that when the Dinar goes on the world market, you will at least be able to use the BIG banks (wells fargo, bank of america, etc).

If you called local or small privately owned banks, I doubt they would be able to do it. Some small banks probably wouldnt even be able to exchange Euros if you walked in there with them.

Also, it depends on the person, customer service rep you speak with anytime you call a bank. You could call 50 different times an probably get a different answer if you got a different person each time.

Trust this....if and when it goes on the world market....you WILL be able to exchange it.

Hope this helped a little :happy64:

[Psycho for Dinar]

Iraq signs first post war oil contract!!!

http://www.turkishpress.com/turkishpress/news.asp?ID=25956

[Psycho for Dinar]

DUBAI, United Arab Emirates (Reuters) -- Iraq's southern oil exports were still running near full capacity at 1.7 million barrels per day Wednesday, having recovered from lower rates following sabotage attacks, an Iraqi oil official said


http://edition.cnn.com/2004/BUSINESS/09/01/oil.iraq.output.reut/

[Psycho for Dinar]

Iraq's southern oil terminals are fully operational, with exports running at between 1.7 million and 1.9 million barrels a day, port agents and Iraqi oil officials said Wednesday.

http://www.abcnews.go.com/wire/World/ap20040901_781.html

[Psycho for Dinar]

"The explosion was enormous," said Major General Anwar Mohammed Amin, commander of the national guard in the region. A Reuters correspondent said he could see the blaze from Kirkuk, about 70 km (40 miles) away.

http://www.reuters.co.uk/newsPackageArticle.jhtml?type=businessNews&storyID=575886&section=finance

[Psycho for Dinar]

Iraq's Oil Ministry has deployed a new 14,000-member security force, has begun paying tribal leaders to guard pipelines and plans to double its fleet of reconnaissance aircraft, Oil Ministry spokesman Assim Jihad said Sunday

http://www.boston.com/dailynews/250/world/Iraq_s_oil_ministry_steps_up_p:.shtml

[Aunt Gwennie]

Thanks for the ongoing efforts to keep us up to date on what is happening with the oil flow Psycho!! Good job!!

Aunt Gwennie :wave:

[Psycho for Dinar]

Fencing in looters and saboteurs in Iraq



http://www.iags.org/n0929032.htm


And thank you Aunt!!!

[Aunt Gwennie]

Gotta give credit where credit is due!! :)

Aunt G :wave:

[Psycho for Dinar]

http://www.smh.com.au/articles/2004/09/08/1094530665115.html

[Psycho for Dinar]

FIVE DAYS WITH NO OIL PIPELINE ATTACK!!! This must be a new record!

[FAST1]

:shhh: Don't give anyone any ideas.......

[Psycho for Dinar]

Check this out! A full listing of all oil attacks.....it's amazing!!!

http://www.iags.org/n090604.htm

[Psycho for Dinar]

The official said 75 percent of the work has been done but few more days are needed for the 40-inch (about one metre) pipeline to be ready for exports to the Turkish port of Ceyhan.

http://www.busrep.co.za/index.php?fSectionId=&fArticleId=2223380

[Psycho for Dinar]

No pipeline attacks since September 4!!! This could be a good sign, lets keep our fingers crossed!!! ;)

[FAST1]

Check this out! A full listing of all oil attacks.....it's amazing!!!

http://www.iags.org/n090604.htm

Outstanding link there Psycho!! Just what I wanted!! ;)

I gotta spread it around before I can give ya any points. "I'll be back." :)

[Psycho for Dinar]

Sept. 14, 2004 — Saboteurs blew up a junction where multiple oil pipelines cross the Tigris River in northern Iraq on Tuesday, sending plumes of smoke leaping into the sky, officials said.

http://abcnews.go.com/wire/World/ap20040914_201.html

[Psycho for Dinar]

"I'm confident security will be improved," Iraqi Oil Minister Thamer al-Ghadhban said Tuesday upon arriving at a hotel in Vienna, where the Organization of Petroleum Exporting Countries meets Wednesday amid considerable oil-market jitters.

http://www.myrtlebeachonline.com/mld/myrtlebeachonline/business/9666919.htm

[BRYAN]

http://tradearabia.com/tanews/Newsdetails.asp?Article=73766&Sn=ENV

[FAST1]

http://internet-haganah.co.il/harchives/002751.html

They are learning the trade of the sabateurs.

[Psycho for Dinar]

Repairs are being carried out to replace sections of the pipeline that were destroyed in the blaze, the official said on condition of anonymity. If the repairs go as planned, "The exports could start up Wednesday." :D

http://servihoo.com/channels/kinews/v3news_details.php?id=54120&CategoryID=47

[Psycho for Dinar]

The country is now pumping an average of 600,000 barrels of oil per day from Kirkuk's huge oilfield to an export terminal in Ceyhan, Turkey, a senior company official said.

http://seven.com.au/news/business/121243

[FAST1]

A statement has been released by Zarqawi vowing to cripple the oil production.

http://www.homelandsecurityus.net/oil_flow_to_be_cut_by_85.htm

Remember - this article must be viewed critically due to the fact that it is posted(not verified) and is translated by software. These messeges come by intercept.
It may be a valid threat. It may also be beyond his scope. I don't think the Iraqis will be sitting around allowing his operatives to have a free run.

This info came from a private source and is monitored by government officials.

[Psycho for Dinar]

One Iraqi oil official said on Thursday that an attack took place on a pipeline linking the northern and southern oil fields in Iraq and this resulted in halting pumping operations.


http://www.arabicnews.com/ansub/Daily/Day/040924/2004092401.html

[mechtech]

(Doesn't have a time stamp so it could be just before the previous story)
http://www.iraqdirectory.com/files/articles/article150.htm

Iraq south exports near full speed

Dubai

Iraq's southern oil exports continued to run near full capacity at about 1.9 million barrels per day (bpd) today, a shipping agent said.

Basra Oil Terminal, the country's primary export outlet, was loading Basra Light crude onto the tanker Ashna at a rate of 44,000 barrels per hour while the Front Granite was loading at 20,000 barrels per hour.

At the neighbouring Gulf terminal of Khor Al Amaya, the Bergina was loading at 14,000 barrels per hour, he said.

Iraq's northern oil pipeline resumed exports to Turkey at a rate of 200,000-250,000 bpd yesterday. The pipeline, which links Iraq's Kirkuk oilfields to the Turkish port of Ceyhan, had been out of action since a Sept 2 sabotage attack.-Reuters

Source : www.tradearabia.com

[Psycho for Dinar]

KIRKUK, Iraq (Reuters) - Iraq's oil exports surged Monday to 2.5 million barrels per day (bpd), a level last sustained in mid-2000 under the United Nations oil-for-food scheme. :happy64:

http://money.cnn.com/2004/09/27/news/international/iraq_exports.reut/

[mb55tech]

KIRKUK, Iraq (Reuters) - Iraq's oil exports surged Monday to 2.5 million barrels per day (bpd), a level last sustained in mid-2000 under the United Nations oil-for-food scheme. :happy64:

http://money.cnn.com/2004/09/27/news/international/iraq_exports.reut/

that's awesome news my friend!!!!! keep it comin'!!! :lmao:

[Psycho for Dinar]

A huge explosion in the early hours of Tuesday destroyed the pipeline at a refinery in Beiji, around 220km north of Baghdad, a company employee confirmed.

http://www.iol.co.za/index.php?set_id=1&click_id=123&art_id=qw1098175140651B262


This has been the first attack for over a month!!! It's quite the change from the every other day attacks we were seeing in July, and August.