Iraq Oil Ministry: Exports Won’t be Affected by Egypt

A leading spokesman for the Iraqi Oil Ministry has said on Monday that the current tense situation in Egypt would not affect Iraq’s oil exports, reiterating that the rise in oil prices would benefit Iraq, according to a report from Aswat al-Iraq.

Assem Jihad said that “the Iraqi Oil Ministry is exporting oil from two outlets, the first in southern Iraq, through the Iraqi terminals on the Arab Gulf and the second from north Iraq, through pipelines passing through Turkey,” adding that “foreign companies are being supplied by oil through those two outlets, according to contracts signed with Iraq.”

Noteworthy is that chaos in Egypt has caused the increase of oil prices, with fears that oil exports through the Suez Canal might be restricted.

(Source: Aswat al-Iraq)

14 Responses to Iraq Oil Ministry: Exports Won’t be Affected by Egypt

  1. kevin 2nd February 2011 at 20:40 #

    i kust wont to know how is the rv looking and then do you think we are going to see a rv? what is the hold up

  2. bentley 3rd February 2011 at 15:43 #

    Yea if they would just rv there money it would help them and ppl in the US.

  3. abel 3rd February 2011 at 20:52 #

    Iraq is makinq them selfs rish by selling us dere dinar us thinking is the oder wey.

  4. kipp 3rd February 2011 at 21:59 #

    looks like the RV will never hit. This has all been an American Dream scam. IF< and i do mean IF, the RV EVER hits, it will be a MIRRICAL in and of it self, not to mention them letting all of us cash it in. in other words, don' hold your breath brother and keep your job!!!!!

  5. brandon 4th February 2011 at 10:09 #

    Kipp, i dont think you understand what is going on in the world. So before you talk crap about something you know NOTHING bout id do a little research. Its bound to happen anytime and there is enough news to back it.

  6. Thomas May 4th February 2011 at 14:43 #

    Let me put some facts out there people. People do not get rich over night. The Dinar will go up in value over time. Just not over night. Good things come to those who wait. Hold your dinar, maybe for 10 years, or when the time is right maybe a year from now. Patience is a virtual that is both humbling and builds knowledge. So chalk this all up live, learn, and always keep your dreams alive!

    If you liked this quote message me on facebook.

    Thomas Mayhall

  7. banker 5th February 2011 at 11:44 #

    The Nebraska Attorney General Consumer fraud department told me on Friday February 4, 2011 that is a scam. There will not be an RV to make thousands times your investment. They make their money on selling the Dinar to you and your friends, that is it.

  8. Asshat 7th February 2011 at 12:32 #

    Why don’t any of you people know how to spell?

  9. spike 7th February 2011 at 21:27 #

    Kipp…Would you mind sharing what is the basis for your comments? I’m new to this Dinar thing and would like to hear some bona fide facts. Please advise. Thx.

  10. cory 8th February 2011 at 11:45 #

    Thomas, Aberham Lincoln said “Good things come to those who wait, But only from what is left over from those who hustle…”

  11. Will Green 9th February 2011 at 05:14 #

    Chicken Little said, “The sky is falling!” It is time to have a heart of thanksgiving and to appreciate all of the blessings we have including the opportunity to dream and invest in IQD.

    Ignorance is bliss and a lot of uninformed people just want their five minutes of attention and fame. Be an adult and do your own research. Do not let some uninformed person, even an Attorney General, steal your dream! Go back and study history because history repeats itself.

    God bless each of you who invested in Dinar to gain wealth for the purpose of helping others!

  12. stephen 9th February 2011 at 07:55 #

    i think we have all been taken on the dinars and it will never hit in our life time.

  13. ken 12th February 2011 at 10:58 #

    I have been the idiot of three scams, dinar, petro america corp., and pathway 2 prosperity, waiting on the next one , any suggestions? thanks ken louisiana

  14. will gaffey 27th July 2011 at 19:09 #

    You people need to underdstand the key buisness factor in all this!! No rv will ever happen untill iraq is a full member of the WTO. That means once they are a full member then they can trade ther oil amongst the world and thence there money will have a value in the world. Until then you people can speculate when you think it will rv and get frustrated with your hopes. Watch and read on when iraq has its next meeting with the WTO in december. HINT… Thats when the last of the troops leave ther country. Until then you all can speculate until your heart desires.