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OPEC output steady, Saudi compensates for Iran fall

Iraq Says No to Western Demands for Making Up for Iran's Oil Drop

Iraq's oil ministry slammed the current critical conditions reining the market due to the EU sanctions on Iranian oil, and stressed that it would not make up for a fall in supply in the global markets.

"Iraq's oil ministry is pursuing a planned agenda to increase its oil production and exports and it will not change the policy to make up for the lack of the global oil supply due to the imposition of EU sanctions against Iran," the ministry's spokesman, Assem Jihad, told Aswat al-Iraq news agency on Sunday.

He meantime said that exempting certain countries from the oil sanctions against Iran which enables them to purchase Iranian crude will relatively decrease the effects of such sanctions and will compensate for the reduction in supply.

Jihad blasted the western countries for imposing oil sanctions against Iran, and said the impacts of such embargoes can now be seen by the hike in crude prices during the last two days after the sanctions were put into effect on July 1.

Iran, which sits on the world's second largest reserves of both oil and gas, is facing US sanctions over its civilian nuclear program.

Iranian officials have dismissed the US and EU sanctions as inefficient, saying that they are finding Asian partners instead. Several Chinese and other Asian firms are negotiating or signing up to oil and gas deals.

On Sunday, Iranian Oil Minister Rostam Qassemi played down the negative impacts of the western sanctions and restrictions on Iranian oil exports, reiterating that Iran is not facing any problem for selling its crude as it can always find new customers, specially from among its regional allies.

Speaking to reporters upon arrival at Shiraz Airport in Southern Iran, Qassemi pointed to enforcement of EU's sanctions law against Iranian oil supplies, and reminded that the Iranian oil industries have long been under various types of sanctions.

He stressed Iran's important regional and international role, and noted, "The Islamic Iran is an important country in the region and on the international scene and has many friends. Thus, we do not feel concerned about the sales of Iranian oil."

Fars News Agency :: Iraq Says No to Western Demands for Making Up for Iran's Oil Drop
 
lol i think you searched so much 24/7 to find that HDI whatever think that is higher , we are leading in every aspect and we dont threaten and play games behind our neigbours ( iran supporting pkk , armenia , iran officials threaten to shoot turkey etc )

http://www.defence.pk/forums/world-affairs/188310-muslim-countries-top-100-brands-science-interview-forbes.html

With 20 companies, Turkey has the highest number of companies listed in the Top 100 Companies of the Muslim World: 2010 DS100 Ranking.
DinarStandard, a research and advisory company that specializes in emerging Muslim markets, has issued the seventh annual 2010 DS100 ranking, the result of research conducted on companies in the 57 member countries of the Organization of the Islamic Conference (OIC).

According to the latest report, Turkey leads the list in terms of having the most companies represented, with 20 companies in the DS100 ranking. The report also states that Turkish companies present the widest and most diverse sector representation of any country in the report. “This should come as no surprise, given the fact that Turkey has the largest OIC economy, as measured by gross domestic production [GDP] output,” the report stated.

With its 2009 end-of-year revenue at $28.9 billion, Koç Holding was the top Turkish company and ranked 10th on the list among 100 companies in the 57 OIC member countries. This was followed by Sabancı Holding, which ranked 16th, with $12.1 billion. Yıldız Holding (ranked 18th with 2009 revenue of $10.9 billion) and İş Bankası (19th with 2009 revenue of $10.8 billion) were other big Turkish companies who made the list.


The remaining Turkish companies in the DS100 were Ziraat Bankası (24th), Akbank (31st), Doğan Holding (35th), Turkcell (40th), Enka Holding (45th), Doğuş Holding (47th), Halkbank (48th), VakıfBank (51st), Turkish Airlines (THY) (56th), Türkiye Elektrik Üretim İletim A.Ş. (Turkey Electric Production and Communication) (64th), BİM (77th), Ereğli Demir-Çelik (Ereğli Iron-Steel) (79th), Selçuk Ecza Deposu (Selçuk Pharmaceuticals) (83rd), Eczacıbaşı Holding (88th), Vestel (90th), Ciner Grubu (98th).

The top of the list was occupied by the world’s top oil producer, Saudi Arabian Oil Co., with 2009 revenues of $182.4 billion. This was followed by other oil companies, including National Iranian Oil Company ($79.28 billion), which ranked second, and Petroliam Nasional Bhd. from Malaysia ($70.87 billion), which ranked third. The report underlined that the energy sector had continued its dominance by listing 19 companies on the list. The combined revenue of these companies in 2009 was $642 billion.

The 2010 DS100 list had 56 publicly traded companies from 11 countries, compared to the 2009 list, where 58 companies from 13 countries were listed. Turkey’s Koç Holding, a diversified electronics, automotive, energy, finance and retail giant, was the largest publicly traded company on the list, followed by Saudi Basic Industries Corporation (SABIC) and the Saudi Telecom Company, which ranked eighth and 13th, respectively.

State of Scientific and Technological Development in the Muslim World

Promoting Scientific Innovation in the Muslim World

Table-1 highlights the top-10 OIC member countries by one measure of scientific and technological productivity, namely, publication of research in established journals. Clearly, Turkey leads the pack with Egypt and Iran being distant second and third. Indonesia—the largest Muslim country (by population)— is notably absent in the top-10 most scientifically productive countries, as is Bangladesh—the third largest (by population). Pakistan, the second largest Muslim country, is only a distant eighth on this list of top-10 most productive countries

Table 1: Top 10 Most Scientifically Productive Countries in the Muslim World*
Country
10-yr Publications
Top Discipline
1.
Turkey
82,407
Surgery
2.
Egypt
27,723
Applied Mathematics
3.
Iran
19,114
Chemistry
4.
Saudi Arabia
17,472
Gen – Internal Medicine
5.
Malaysia
10,674
Crystallography
6.
Morocco
10,113
Physical Chemistry
7.
Nigeria
9,105
Food Science & Technology
8.
Pakistan
7,832
Plant Sciences
9.
Jordan
6,384
Chemical Engineering
10.
Kuwait
5,930
Gen – Internal Medicine



Table-2 highlights the institutional dimension of this lackluster performance. While the overall policy environment is set at the country-level, it is really the institutions where scientific and technological innovation takes place. Here the contrast is even starker than the earlier list. Of the 25 most scientifically productive institutions in the Muslim world, 10 are in Turkey, 5 in Egypt, and 3 in Malaysia. Of the top-10 institutions, 7 are in Turkey. Most notably absent from list are institutions in three of the largest Muslim countries, namely, Indonesia, Pakistan, and Bangladesh that account for about 40% of the population of entire Muslim world.



Table 1: Top 25 Most Productive Universities in the Muslim World*
University
Country
Publications**
1.
University Hacettepe
Turkey
8,979
2.
University Istanbul
Turkey
6,488
3.
Ankara University
Turkey
5,982
4.
Cairo University
Egypt
4,977
5.
Kuwait University
Kuwait
4,495
6.
King Saud University
Saudi Arabia
4,336
7.
Middle Eastern Technical U.
Turkey
4,215
8.
Gazi University
Turkey
3,652
9.
Istabul Technical U.
Turkey
3,452
10.
Ege University
Turkey
3,336
11.
King Fahd University
Saudi Arabia
3,323
12.
Ains Shams University
Egypt
3,129
13.
University Malaya
Malaysia
2,862
14.
National Research Center
Egypt
2,651
15.
Alexandria University
Egypt
2,628
16.
American University Beirut
Lebanon
2,568
17.
Ataturk University
Turkey
2,535
18.
United Arab Emirates U.
UAE
2,478
19.
Mansoura University
Egypt
2,439
20.
King Faisal Research Center
Saudi Arabia
2,434
21.
University Sains Malaysia
Malaysia
2,402
22.
Dokuz Eylul University
Turkey
2,389
23.
Uzbek Academy of Science
Uzbekistan
2,169
24.
Cukurova University
Turkey
2,026
25.
University of Tehran
Iran
1,962

Source: http://www.defence.pk/forums/world-...science-interview-forbes-2.html#ixzz1zWKlJWTh

DS100_DinarStandard_Infographic.jpg

lmao thinking like a true third worlder

So we should give up our astronomical scientific growth, the fantastic industrial growth that we've achieved over the past three decades and the domestic military industry for a few foreign jets, tanks and rifles????? What kind of idiotic logic is that? The oil is under the ground and so is the natural gas, it aint going anywhere. When the sanctions are lifted and the minute we increase our petro/gas production, we can erase 3-4 decades of sanctions within a few short years. But the scientific growth, industrialization of the nation and the self sufficiency that we've achieved couldn't have been done had we stayed on the previous path (buying everything from experts, minds and hardware with petro dollars). Today we have opinions of our own. We can do what we want and we're not slaves of foreigners anymore. This has come at a price, but the reward in the future will be a million times greater. In all honesty the past 3 decades haven't been that bad. Today we have a higher Human Development Index than Turkey, even with all these hardships.

they also threaten to shoot us aswell

Iran is only exporting/importing to friends of US and US it self.

Pakistan is not on the list of 20 countries which have been granted an exemption by the USA for dealings with Iran.



I'm sorry, but your leaders have repeatedly threatened to destroy Saudi oil refineries at there eastern coast and choking of gulf.

You shall know oil production is regulated by OPEC with set of rules and than after it is race among member countries.
 
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