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The Basra Gas Company, a conglomerate between Shell, Mitsubishi and the Iraqi state-run South Gas Company, will export its first shipment of natural gas for from Iraq, the Ministry of Oil has announced via spokesman, Asim Jihad. The tanker will depart from the port of Umm Qasr in southern Iraq. It was in November 2011 that Iraq had signed a contract to form Basra Gas Company and jointly harvest, produce and sell natural gas from oil-rich Basra's three fields: Rumaila, with 17.8 billion-barrels; Zubair with 4.1 billion barrels; West Qurna Stage 1, with 8.6 billion barrels. The International Energy Agency reported Iraq has estimated natural gas reserves of 112 trillion cubic meters, meaning it is the 11th largest globally. Basra Gas Company which is made up of Iraq's 51%, Shell owning 44% and Mitsubishi owning 5% was formed to continue for 25 years in a $17US billion deal. This will no doubt assist Iraq with their economic struggle as national budgets are largely funding the effort to solve the geo political conflict affecting not only oil prices, but the government infrastructure as government posts are not being renewed, ministries are merged, construction is halted and new taxes are implemented. The Ministry of Oil reported lower exports than expected at 3.225 million barrels per day in February 2016 and grossed $2.2 billion ($23 per barrel). Yet with 95% of Iraq's budget of 106 trillion Iraqi dinar ($89.7 billion dollars) relying on oil revenues, they are operating under a 24 trillion dinar deficit ($20.5 billion). The Iraqi government will be forced to get loans from international and local lenders.
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US Embassy got Sadrists guarantees of non-exposure versus non-blocking demonstrations and sit
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Baghdad -arac Press -20 March / March: political source in Baghdad revealed that the US embassy got assurances from the Sadrist movement, not to be subjected to the security of the embassy or the security of its staff. The source said the delegation of power, met last week with senior officials and conducted the deliberations of a practical nature where the embassy is committed not to block the sit-ins and demonstrations against the lack of direct any veiled threat or directly to the embassy, says the source, who stressed not to mention SMH (that the meeting was satisfactory to both sides).
Green politicians are leaving
In the meantime, it revealed another source in the Iraqi Airways, on Sunday, to leave more than 220 officials and MPs have crossed three airports during the past two days, coinciding open-ended sit and wave the possibility of breaking into the Green Zone.
An officer in the Iraqi Immigration Department, said that "the majority of bookings on the Iraqi lines and other lines, were to Iraqi officials and their families and those close to them, who went to the Jordanian capital, Amman, and Istanbul, Turkey, as well as reservations to Dubai in the UAE."
According to the source, who declined to be named, the "more than 350 families , numbering reached about 1,400 people ,including women and children, have left Iraq in recent days, all of them relatives of officials and Iraqi lawmakers." For his part, a senior official said , in one of the service departments, the green zone , where the government headquarters, said that "more than 120 houses and luxury apartment inhabited by officials and parliamentarians, have become free inside the green zone, having abandoned its inhabitants, finally."
He added, Anwar al-Tamimi, an employee in the Green Zone, "Most of the residential units and recreational areas, prepared for the accommodation of politicians, had been emptied of its residents who left to the capitals out of the country, while representatives left some lawmakers to their provinces and tribal areas."
She spoke political sources on the state of "panic" hit the Iraqi politicians and parliamentarians, with the escalation of theprotests carried out by followers of the Sadrist movement and civilians allied with them in the vicinity of the enhanced regional security, threatened Bagthamha. The look of the Iraqi capital, Baghdad, free from political movement who usually moved within huge convoys of armored cars, as well as a cooling media activity and confined to statements write them on their pages on networking sites.
Iraqi officials and warns of a "soft coup" carried out , Muqtada al - Sadr, drawing tens Alylav of his followers. The limited movement in the Green Zone, which isolated the Americans with their occupation of Iraq in 2003, the security elements and some foreign embassies operating in Iraq staff, as quoted sources from within the private accommodation of the ruling political elite security box.
And on Sunday it announced that the US embassy in Baghdad, it will not interfere in the sit-ins in front of the Sadrist Green Zone as an internal affair ..
The US ambassador to Iraq, Stuart Jonesanh not worried about the security of the embassy inside the Green Zone, expressing his belief that "the Iraqi security forces will provide protection for diplomatic missions" .anthy
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