Home
Abdul-Mahdi: Meet prospective oil between the center and the region
1/20/2015 0:00
Baghdad, Omar Abdel-Latif
Oil Minister Adel Abdul-Mahdi revealed that there is a meeting will happen between the federal government and the Kurdistan region of Iraq if approving the budget in 2015 to resolve all the belongings oil agreement that took place between the two sides, stressing the latter that he is ready to reveal the figures that were unknown to the center and for export and production during the next phase.
Abdul-Mahdi said in a press conference followed hosted by the Commission on oil and natural gas, and in the House of Representatives session attended by "morning", said hosting included a detailed explanation of the nature of understanding with the province in the early stages for the construction of bridges and open starting areas cooperation, and the second for the understanding reached between the two parties and announced the federal government in regards to the budget and the agreement on the export of 550 000 barrels through the pipeline region to the Turkish port of Ceyhan.
The minister revealed the existence of meetings between the federal government and the Kurdistan region to resolve all belongings and entitlements which are still problematic but a few and easy, saying: "I will not accept that there is an oil source outside of this vision, and will not relinquish some of the issues as the quantities exported information and prosecution by the parties and are calling for transparency higher to see all the numbers, as it is still the Oil Ministry unaware of whatever size of the figures put forward a demanding region detects a part, expressed his willingness to detect whenever offer agreement as a step forward. "
And the oil ministry plan during this year hinted Abdul-Mahdi, that the ministry towards reducing expenditures in the area of the filter and derivatives, production and pipeline as a result of lower oil prices and what caused the economic crisis.
The recommended oil minister the need to pay the national economy, the importance of the coming stage and to encourage investment and the private sector to ease the burden on the budget, noting that Iraq has made a big profit upsurge in production since the start of the oil licensing rounds despite the gaps, as the costs rates if taken as a whole, we find that it does not exceed 10 percent yield of the year for the state and this is a $ 300 billion during the past years compared to $ 36 billion expenditure.
[You must be registered and logged in to see this link.]
1/20/2015 0:00
Baghdad, Omar Abdel-Latif
Oil Minister Adel Abdul-Mahdi revealed that there is a meeting will happen between the federal government and the Kurdistan region of Iraq if approving the budget in 2015 to resolve all the belongings oil agreement that took place between the two sides, stressing the latter that he is ready to reveal the figures that were unknown to the center and for export and production during the next phase.
Abdul-Mahdi said in a press conference followed hosted by the Commission on oil and natural gas, and in the House of Representatives session attended by "morning", said hosting included a detailed explanation of the nature of understanding with the province in the early stages for the construction of bridges and open starting areas cooperation, and the second for the understanding reached between the two parties and announced the federal government in regards to the budget and the agreement on the export of 550 000 barrels through the pipeline region to the Turkish port of Ceyhan.
The minister revealed the existence of meetings between the federal government and the Kurdistan region to resolve all belongings and entitlements which are still problematic but a few and easy, saying: "I will not accept that there is an oil source outside of this vision, and will not relinquish some of the issues as the quantities exported information and prosecution by the parties and are calling for transparency higher to see all the numbers, as it is still the Oil Ministry unaware of whatever size of the figures put forward a demanding region detects a part, expressed his willingness to detect whenever offer agreement as a step forward. "
And the oil ministry plan during this year hinted Abdul-Mahdi, that the ministry towards reducing expenditures in the area of the filter and derivatives, production and pipeline as a result of lower oil prices and what caused the economic crisis.
The recommended oil minister the need to pay the national economy, the importance of the coming stage and to encourage investment and the private sector to ease the burden on the budget, noting that Iraq has made a big profit upsurge in production since the start of the oil licensing rounds despite the gaps, as the costs rates if taken as a whole, we find that it does not exceed 10 percent yield of the year for the state and this is a $ 300 billion during the past years compared to $ 36 billion expenditure.
[You must be registered and logged in to see this link.]
