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Oil and energy parliamentary: attracting international oil companies will raise the oil production ceiling for Iraq
2/23/2015
Oil and energy parliamentary: attracting international oil companies will raise the oil production ceiling for Iraq
{Baghdad: Euphrates News} saw the oil and energy parliamentary, on Monday, that attract international oil companies will raise the oil production ceiling of Iraq.
A member of the Committee MP Hussein al-Awadi told {Euphrates News} Today, that "oil is {85%} of Iraq's resources," noting, "it was informed Oil Minister Adel Abdul-Mahdi and his accompanying delegation on the obstacles faced by the ministry; to expand with comfortable even bridge the shortage of financial resources. "
He pointed out that "the expansion of the oil ring circle on the grounds that Iraq today is going through an economic crisis, in addition to the deterioration of oil prices, it will be through the launch of licenses as well as the extraction of oil wells to reach the production ceiling to {4} million barrels per day, the end of 2015 as stated by the Minister of Oil ".
He added: "It will raise the production ceiling by attracting global industrial and oil companies to extract oil wells and bridging the fiscal deficit of the country's mechanism."
The ambassadors of the EU member states have expressed their countries' willingness to invest in the Iraqi oil fields, while Oil Minister Adel Abdul Mahdi, the Iraqi state is keen to strengthen economic relations and economic openness to the EU countries.
He explained Abdul-Mahdi said "Iraq needs to train its cadres in European countries; Ahoudoa expertise to qualify them to work in the fields of energy, also stressed Iraq's desire to strengthen economic ties with the European Union countries, especially in the oil and gas sectors," .anthy tc
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2/23/2015
Oil and energy parliamentary: attracting international oil companies will raise the oil production ceiling for Iraq
{Baghdad: Euphrates News} saw the oil and energy parliamentary, on Monday, that attract international oil companies will raise the oil production ceiling of Iraq.
A member of the Committee MP Hussein al-Awadi told {Euphrates News} Today, that "oil is {85%} of Iraq's resources," noting, "it was informed Oil Minister Adel Abdul-Mahdi and his accompanying delegation on the obstacles faced by the ministry; to expand with comfortable even bridge the shortage of financial resources. "
He pointed out that "the expansion of the oil ring circle on the grounds that Iraq today is going through an economic crisis, in addition to the deterioration of oil prices, it will be through the launch of licenses as well as the extraction of oil wells to reach the production ceiling to {4} million barrels per day, the end of 2015 as stated by the Minister of Oil ".
He added: "It will raise the production ceiling by attracting global industrial and oil companies to extract oil wells and bridging the fiscal deficit of the country's mechanism."
The ambassadors of the EU member states have expressed their countries' willingness to invest in the Iraqi oil fields, while Oil Minister Adel Abdul Mahdi, the Iraqi state is keen to strengthen economic relations and economic openness to the EU countries.
He explained Abdul-Mahdi said "Iraq needs to train its cadres in European countries; Ahoudoa expertise to qualify them to work in the fields of energy, also stressed Iraq's desire to strengthen economic ties with the European Union countries, especially in the oil and gas sectors," .anthy tc
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