Home
Oil Minister: Iraq has lost $ 14 billion in compensation due to the corruption of the Maliki government
March 30, 2015, 14:26
BAGHDAD
Oil Minister Adel Abdul Mahdi, on Monday, for the loss of Iraq's $ 14 billion in compensation for oil companies, attributing this to the "poor planning", as pointed out that the real corruption and major real losses and wastage of funds because of the administration old laws.
Adel Abdul-Mahdi said in a statement received ((eighth day)) a copy of it, that "Iraq has lost 14 billion and 448.146 million dollars and an average of $ 3.6 billion a year during the second sentence period to Mr. Nuri al-Maliki since 2011 and the end of 2014 as compensation to oil companies, as a result of disruptions bore responsibility. "
Abdul-Mahdi said that "poor planning or because of the application of restrictions and regulations and procedures of the obsolete Tkhosrna more than protect us or defend our interests," noting that "the contracts licensing rounds stipulated in Article 12.5 that the company extractive entitled to review your any proposed work program of the level of production a proposed or certified, has required under the written notice, the contractor or operator increase or reduction (reducing) the rate of production from the contract area for any of the following reasons. "
He noted Abdul-Mahdi said that "the administration and the economy in the conditions of the modern world does not run the laws and regulations and instructions eat forever by drinking, they returned it," the real corruption and this is the big losses and real waste of money and this is a real lack of planning and good governance. "
Iraq offered its oil fields during the first licensing round and the second developed by international companies to reach a production of at least six million barrels per day within the year 2017, and the issue of Iraq crude oil from the ports of Basra and Khor al-Amaya on the Arabian Gulf, as well as the Turkish port of Ceyhan on the Mediterranean, and by truck by truck to Jordan.
[You must be registered and logged in to see this link.]
--
March 30, 2015, 14:26
BAGHDAD
Oil Minister Adel Abdul Mahdi, on Monday, for the loss of Iraq's $ 14 billion in compensation for oil companies, attributing this to the "poor planning", as pointed out that the real corruption and major real losses and wastage of funds because of the administration old laws.
Adel Abdul-Mahdi said in a statement received ((eighth day)) a copy of it, that "Iraq has lost 14 billion and 448.146 million dollars and an average of $ 3.6 billion a year during the second sentence period to Mr. Nuri al-Maliki since 2011 and the end of 2014 as compensation to oil companies, as a result of disruptions bore responsibility. "
Abdul-Mahdi said that "poor planning or because of the application of restrictions and regulations and procedures of the obsolete Tkhosrna more than protect us or defend our interests," noting that "the contracts licensing rounds stipulated in Article 12.5 that the company extractive entitled to review your any proposed work program of the level of production a proposed or certified, has required under the written notice, the contractor or operator increase or reduction (reducing) the rate of production from the contract area for any of the following reasons. "
He noted Abdul-Mahdi said that "the administration and the economy in the conditions of the modern world does not run the laws and regulations and instructions eat forever by drinking, they returned it," the real corruption and this is the big losses and real waste of money and this is a real lack of planning and good governance. "
Iraq offered its oil fields during the first licensing round and the second developed by international companies to reach a production of at least six million barrels per day within the year 2017, and the issue of Iraq crude oil from the ports of Basra and Khor al-Amaya on the Arabian Gulf, as well as the Turkish port of Ceyhan on the Mediterranean, and by truck by truck to Jordan.
[You must be registered and logged in to see this link.]
--
