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Abdul-Mahdi: We will not remain prisoners of fluctuations in the price of oil and we have a strategy capable of confrontation
Twilight News / rejected the Iraqi Oil Ministry, on Monday, to remain what it calls a captive to the vagaries of the oil market, pointing out that they will face these challenges Bstratejah able to cope with it.
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He said Oil Minister Adel Abdul-Mahdi, in a statement reported for "Twilight News" that Iraq aspires to a wider and invitations for companies with extensive experience in multiple areas of oil investments, combined with the specialized companies to extract natural gas, and other petroleum products.
He said Abdul-Mahdi, that giant companies expressed a desire to come to Iraq and open new horizons for cooperation and investment, including the Qatari companies, stressing that Qatar has extensive experience in the field of gas investment, and Iraq is just beginning in investment operations.
He added that the sum of what is an investor in Iraq in the field of oil and gas not only represents a small fraction of the area explored.
Faces cite global oil severe decline in prices equipment since the end of last year, has whereby crude oil in the world market, about 60 percent of its value, which would impact negatively on the producing countries especially those that rely on their economies on the proceeds of its oil production fully, including Iraq .
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