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Basra: mutual powers to manage oil
3/7/15
BAGHDAD / Obelisk: Abdul-Mahdi, confirms that the ministry controls the increase in investments for oil and gas in the domestic market and exports to continue and which provided us the resources are based upon the budget.
Oil Minister Adel Abdul-Mahdi, said on Saturday, in a speech during the deliberative meeting to discuss mutual between the federal and local governments in the oil and gas management powers in the presence of governors and heads of oil-producing provinces councils, held in the province of Basra, and I followed, "obelisk", "We face real challenges in the production of oil and lower prices and its impact on the federal budget, "explaining that" the budget will suffer from many pressures because of falling oil prices and production difficulties. "
Abdul-Mahdi stressed the importance of "the continued perpetuation of oil production," likely "high oil prices in the future."
He said Abdul-Mahdi, "We do not have much to do in the case of price, we have no control over it," pointing to "We control the increase in our investment for oil and gas in our local markets and to continue our exports in and provided us the resources are based upon the budget."
Abdul-Mahdi said that "some people call the impossible and uses the means of sabotage to achieve what prompts him whether it was right to claim or not right in," he said, adding that "there is a line between legal businesses that rely basis passive expression of opinion and the banditry and the storming of the workplace dialogue and disabled facilities and all that hinders increase production and expand its imports is an action against the homeland. "
The Oil Minister Adel Abdul-Mahdi confirmed, in the (February 17, 2015), the need for Iraq to the oil and gas to drive sustainable economic development transfer, noting that Iraq has reserves of natural gas heat both its and the accompanying an estimated 132 trillion standard cubic feet.
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3/7/15
BAGHDAD / Obelisk: Abdul-Mahdi, confirms that the ministry controls the increase in investments for oil and gas in the domestic market and exports to continue and which provided us the resources are based upon the budget.
Oil Minister Adel Abdul-Mahdi, said on Saturday, in a speech during the deliberative meeting to discuss mutual between the federal and local governments in the oil and gas management powers in the presence of governors and heads of oil-producing provinces councils, held in the province of Basra, and I followed, "obelisk", "We face real challenges in the production of oil and lower prices and its impact on the federal budget, "explaining that" the budget will suffer from many pressures because of falling oil prices and production difficulties. "
Abdul-Mahdi stressed the importance of "the continued perpetuation of oil production," likely "high oil prices in the future."
He said Abdul-Mahdi, "We do not have much to do in the case of price, we have no control over it," pointing to "We control the increase in our investment for oil and gas in our local markets and to continue our exports in and provided us the resources are based upon the budget."
Abdul-Mahdi said that "some people call the impossible and uses the means of sabotage to achieve what prompts him whether it was right to claim or not right in," he said, adding that "there is a line between legal businesses that rely basis passive expression of opinion and the banditry and the storming of the workplace dialogue and disabled facilities and all that hinders increase production and expand its imports is an action against the homeland. "
The Oil Minister Adel Abdul-Mahdi confirmed, in the (February 17, 2015), the need for Iraq to the oil and gas to drive sustainable economic development transfer, noting that Iraq has reserves of natural gas heat both its and the accompanying an estimated 132 trillion standard cubic feet.
[You must be registered and logged in to see this link.]
