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Iraq decides to pay the payment of dues group diamonds equivalent to black oil

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Iraq decides to pay the payment of dues group diamonds equivalent to black oil

Post by claud39 on Sun Dec 16, 2018 7:41 am


 Iraq decides to pay the payment of dues group diamonds equivalent to black oil


Economy News _ Baghdad

The Council of Ministers approved the payment by the Minister of Oil of the receivables of the Mas Holding Group with its equivalent of black oil at international prices under the 2017 contract.

The approval of the Council of Ministers comes on the recommendation of the Energy Committee, as the group's receivables amount to 44.2 million dollars.

The recommendation stipulates that the amount shall be considered by the Ministry of Electricity, provided that the final installment is included in the allocations of the Ministry of Electricity in the draft Federal Budget Law for the year 2019.

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