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Committees of oil and finance and a team of oil trade on the conditions of production, marketing and financial implications of unilateral supplier
3/30/15
BAGHDAD / ... Committees oil, energy and finance held a meeting with a team from the Ministry of Oil officials to discuss the reality of exports and revenues of crude oil and the problems and obstacles faced by the extraction, production and export operations.
The participants confirmed, according to a statement the Information Service of the House of Representatives received the "eye of Iraq News," The instability of oil prices and the adoption of the budget on oil revenues, only one of the big problems that hinder the reforms process and stressed the need to address this matter to take advantage of other resources and open the door for investment.
And trading presence of the oil companies, financial receivables details in licensing rounds and the method of payment and the proportion of deficit and the oil ministry's budget and factors of lower oil prices, which affected the payment of dues and feasibility request Oil Minister treasury bonds by the Ministry of Finance to pay those dues and postponing some projects.
However, taking into account all of these indicators are members of the two committees and a team of the Ministry of Oil has emerged the conviction that the development of the financial benefits to companies controlled for this year, "
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