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Iraq intends to bring together "OPEC" countries to control oil prices
FEBRUARY 18, 2015 16:03
Twilight News Iraqi Oil Minister Adel Abdul-Mahdi / said on Wednesday that his country would move to bring the "OPEC" countries in order to control oil prices.
0il.jpgAbdul-Mahdi said in a statement on his Facebook seen by "Twilight News" It's on the OPEC countries to be associated with greater ties to restore lost trust in order to work to stop the deterioration of prices and return them to reality.
He pointed out that his country would act as a "more centrist states" to communicate with all countries and bring the views down to the strengthening of relations in order to serve everyone.
He added that this issue, which establishes the Association of participants can displace a lot of reasons for differences and differences, and thus price controls, in the interests of the global economy.
Price and lost more than 50 percent of their value since June in the largest deterioration recorded since late 2008.
Prices recovered slightly in the recent period to more than $ 60 per barrel by the contraction of the excavation in the US shale oil and the conflict in Libya.
Said Abdul-Mahdi, that these prices do not represent the actual value of the oil, which is the main source of energy now and for decades, which is also outside the expectations of the international organizations that set prices in excess of $ percent for the next ten years. He pointed out that "the decline is not authentic case; but emergency the demise of the causes will be gone. "
He said, "The other thing, is to move beyond" OPEC "countries and the correlation strong ties with the world via a tributary of oil, which is the most important factor in the political influences."
He noted that "the oil may bring to the policy of what has failed the same policy, and this strategy, as well as direct usefulness of the Iraqi economy, and improve the reality of the whole; will lead to effective in pulling the fuse major crises in the region, and invested to make peace" to contribute, he said.
And Iraq's second-largest oil exporter in OPEC. And oil exports ranged between 2.5 and 2.7 million barrels in recent months.
And the development of the Iraqi government falling prices in a financial bind as a result of the country's dependence on the sale of oil revenues to finance about 90 percent, at least from the state's expenses.
Iraq needs more liquidity to finance large-scale military campaign against al "Daash" which controls large areas in the north and west of the country.
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FEBRUARY 18, 2015 16:03
Twilight News Iraqi Oil Minister Adel Abdul-Mahdi / said on Wednesday that his country would move to bring the "OPEC" countries in order to control oil prices.
0il.jpgAbdul-Mahdi said in a statement on his Facebook seen by "Twilight News" It's on the OPEC countries to be associated with greater ties to restore lost trust in order to work to stop the deterioration of prices and return them to reality.
He pointed out that his country would act as a "more centrist states" to communicate with all countries and bring the views down to the strengthening of relations in order to serve everyone.
He added that this issue, which establishes the Association of participants can displace a lot of reasons for differences and differences, and thus price controls, in the interests of the global economy.
Price and lost more than 50 percent of their value since June in the largest deterioration recorded since late 2008.
Prices recovered slightly in the recent period to more than $ 60 per barrel by the contraction of the excavation in the US shale oil and the conflict in Libya.
Said Abdul-Mahdi, that these prices do not represent the actual value of the oil, which is the main source of energy now and for decades, which is also outside the expectations of the international organizations that set prices in excess of $ percent for the next ten years. He pointed out that "the decline is not authentic case; but emergency the demise of the causes will be gone. "
He said, "The other thing, is to move beyond" OPEC "countries and the correlation strong ties with the world via a tributary of oil, which is the most important factor in the political influences."
He noted that "the oil may bring to the policy of what has failed the same policy, and this strategy, as well as direct usefulness of the Iraqi economy, and improve the reality of the whole; will lead to effective in pulling the fuse major crises in the region, and invested to make peace" to contribute, he said.
And Iraq's second-largest oil exporter in OPEC. And oil exports ranged between 2.5 and 2.7 million barrels in recent months.
And the development of the Iraqi government falling prices in a financial bind as a result of the country's dependence on the sale of oil revenues to finance about 90 percent, at least from the state's expenses.
Iraq needs more liquidity to finance large-scale military campaign against al "Daash" which controls large areas in the north and west of the country.
[You must be registered and logged in to see this link.]
