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Oil Ministry: Iraq is obliged to pay dues of international oil companies
12:20: 03/16/2015
Khandan - The spokesman for the Iraqi Oil Ministry, Assem Jihad, the ministry will continue to pay the debts of the international oil companies operating in Iraq dues. , said Assem Jihad, said that "the value of the amounts of those companies is $ 20 billion, has the Iraqi government worked on a new mechanism for the payment of this debt overhang" asserting that "the government's approval of the sale of treasury bonds worth $ 12 billion to pay off this debt." He said a spokesman for the Ministry of Oil of the Iraqi Media Network, that "Iraq is ready to fulfill its obligations of international oil companies," revealing "a meeting between the ministries of oil and Finance and the Central Bank to issue bonds $ 12 billion. " He pointed out that "these companies are working to develop the oil fields and increase production," noting that he would "pay the first bonds this month, and dues to be shaped according to the international oil prices."
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12:20: 03/16/2015
Khandan - The spokesman for the Iraqi Oil Ministry, Assem Jihad, the ministry will continue to pay the debts of the international oil companies operating in Iraq dues. , said Assem Jihad, said that "the value of the amounts of those companies is $ 20 billion, has the Iraqi government worked on a new mechanism for the payment of this debt overhang" asserting that "the government's approval of the sale of treasury bonds worth $ 12 billion to pay off this debt." He said a spokesman for the Ministry of Oil of the Iraqi Media Network, that "Iraq is ready to fulfill its obligations of international oil companies," revealing "a meeting between the ministries of oil and Finance and the Central Bank to issue bonds $ 12 billion. " He pointed out that "these companies are working to develop the oil fields and increase production," noting that he would "pay the first bonds this month, and dues to be shaped according to the international oil prices."
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