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To the Committee on Energy: rising oil prices are optimistic and our production is approaching 4 million barrels
23/05/2015
BAGHDAD
Indicated to the parliamentary Committee on Energy "optimistic" the rise in oil prices in the global market, and considers it a positive returns on the financial crisis that has crippled the country for months.
Committee it expected continued price rise, revealing an unprecedented high production Iraq up to four million barrels per day, noting that the export rates have reached the limits of 2.9 million barrels per day.
The Commission confirmed that it intends to submit its report on the visits by the Maysan Oil Company in addition to her meeting with the Energy Committee in the Kurdistan region's parliament.
he remained Iraq's oil exports over three million barrels per day since the beginning of May, according to data to load ships and source sector reports which keeps on shipments from Iraq as the second largest producer within OPEC, near a record high, according to data published by the Reuters news agency.
boosts another strong month of Iraq indications of rising production of key countries in the Organization of Petroleum Exporting Countries with a focus on protecting its market share than global oil prices could push down.
He says Zaher al-Abadi, a member of the Commission on oil and parliamentary power, that "the Iraqi government a specific strategy for the oil sector put and the policy of oil and clear to discuss the current situation which is witnessing a decline in oil prices ", and called on the government to identify the reasons behind the descent of the barrel price to this level with predict what it will have events in the future.
He said al-Abadi, in an interview for the "long", that "the Ministry Oil put a specific mechanism for the export of oil and production with the development of infrastructure and everything related to the oil sector, "adding that" the daily oil production reached to nearly four million barrels but export up to about 2.9 million barrels per day. "
has seen oil prices rise exceeded the barrier of $ 65 a barrel , after the decline in crude stocks for the third consecutive week, which reached record levels because of an oversupply, which raised fears of shrinking storage capacity. Attention MP for the province of Basra that "the increase in oil prices in global markets will have a positive effect blocked the federal budget deficit of $ 25 trillion dinars," expected an increase in oil prices in the coming period with low shale oil prices, which is produced in the United States, Canada and Alborzaal.
and on the reality of the electricity sector and the problems it faces, the optical MP says that "the Commission on oil and energy continues to monitor the performance and the work of the Ministry of Electricity and equip citizens with electric power through continuous Alastdavat Minister and agents to identify the problems encountered in the work of the ministry."
asserts MP for reform bloc that "Iraq needs to approximately 30 000 MW while the daily production is still experiencing fluctuation depending on the circumstances and the need for domestic consumption. "
turn sees Razak Mahabs, the other member of the Oil and Energy Committee, said that "the performance of the oil sector has improved, during the last period, in terms of production and export" He also praised the performance of the Oil Ministry, which said it is trying to develop the oil sector.
He cyanosis Mahabs, in a statement to the "long", to "increase production and exports and the development of the oil sector will be reflected positively on the federal budget because it depends on oil significantly", calling on the government to " search for sources of supply the budget is oil after the problems we've had in the past time. "
confirms the block by Badr that "Iraq has sources other than oil, including gold, platinum, uranium and sulfur, glass and rocks as well as agriculture and industry."
The decline in oil prices more than 50% Since late 2014 to enter Iraq in a severe financial crisis affected the high deficits and low development indicators, according to international statistics.
In the meantime, is preparing for the Commission on oil and parliamentary power to submit a report to the Presidency of the parliament includes tours undertaken by the oil and electric projects and observations recorded by the performance of the work of the ministries of electricity and oil. Attorney Kawa Abdullah, a member of the Commission on oil parliamentary, say "What distinguishes this parliamentary session that all of the committees submit a periodic report deals with the achievements of proposals and projects the laws."
draws Abdullah that "the energy committee hosted ministers of oil and electricity for the their performance and the problems and obstacles that hinder the development of work in the ministries, "noting that the report" addresses the visit by the Committee to the Maysan Oil and the Kurdistan region company and meeting that took place with the Energy Committee in the Parliament of Kurdistan. "
likely Kurdish lawmaker that "the submission of the report to read through future meetings if completed fully prepared. "
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23/05/2015
BAGHDAD
Indicated to the parliamentary Committee on Energy "optimistic" the rise in oil prices in the global market, and considers it a positive returns on the financial crisis that has crippled the country for months.
Committee it expected continued price rise, revealing an unprecedented high production Iraq up to four million barrels per day, noting that the export rates have reached the limits of 2.9 million barrels per day.
The Commission confirmed that it intends to submit its report on the visits by the Maysan Oil Company in addition to her meeting with the Energy Committee in the Kurdistan region's parliament.
he remained Iraq's oil exports over three million barrels per day since the beginning of May, according to data to load ships and source sector reports which keeps on shipments from Iraq as the second largest producer within OPEC, near a record high, according to data published by the Reuters news agency.
boosts another strong month of Iraq indications of rising production of key countries in the Organization of Petroleum Exporting Countries with a focus on protecting its market share than global oil prices could push down.
He says Zaher al-Abadi, a member of the Commission on oil and parliamentary power, that "the Iraqi government a specific strategy for the oil sector put and the policy of oil and clear to discuss the current situation which is witnessing a decline in oil prices ", and called on the government to identify the reasons behind the descent of the barrel price to this level with predict what it will have events in the future.
He said al-Abadi, in an interview for the "long", that "the Ministry Oil put a specific mechanism for the export of oil and production with the development of infrastructure and everything related to the oil sector, "adding that" the daily oil production reached to nearly four million barrels but export up to about 2.9 million barrels per day. "
has seen oil prices rise exceeded the barrier of $ 65 a barrel , after the decline in crude stocks for the third consecutive week, which reached record levels because of an oversupply, which raised fears of shrinking storage capacity. Attention MP for the province of Basra that "the increase in oil prices in global markets will have a positive effect blocked the federal budget deficit of $ 25 trillion dinars," expected an increase in oil prices in the coming period with low shale oil prices, which is produced in the United States, Canada and Alborzaal.
and on the reality of the electricity sector and the problems it faces, the optical MP says that "the Commission on oil and energy continues to monitor the performance and the work of the Ministry of Electricity and equip citizens with electric power through continuous Alastdavat Minister and agents to identify the problems encountered in the work of the ministry."
asserts MP for reform bloc that "Iraq needs to approximately 30 000 MW while the daily production is still experiencing fluctuation depending on the circumstances and the need for domestic consumption. "
turn sees Razak Mahabs, the other member of the Oil and Energy Committee, said that "the performance of the oil sector has improved, during the last period, in terms of production and export" He also praised the performance of the Oil Ministry, which said it is trying to develop the oil sector.
He cyanosis Mahabs, in a statement to the "long", to "increase production and exports and the development of the oil sector will be reflected positively on the federal budget because it depends on oil significantly", calling on the government to " search for sources of supply the budget is oil after the problems we've had in the past time. "
confirms the block by Badr that "Iraq has sources other than oil, including gold, platinum, uranium and sulfur, glass and rocks as well as agriculture and industry."
The decline in oil prices more than 50% Since late 2014 to enter Iraq in a severe financial crisis affected the high deficits and low development indicators, according to international statistics.
In the meantime, is preparing for the Commission on oil and parliamentary power to submit a report to the Presidency of the parliament includes tours undertaken by the oil and electric projects and observations recorded by the performance of the work of the ministries of electricity and oil. Attorney Kawa Abdullah, a member of the Commission on oil parliamentary, say "What distinguishes this parliamentary session that all of the committees submit a periodic report deals with the achievements of proposals and projects the laws."
draws Abdullah that "the energy committee hosted ministers of oil and electricity for the their performance and the problems and obstacles that hinder the development of work in the ministries, "noting that the report" addresses the visit by the Committee to the Maysan Oil and the Kurdistan region company and meeting that took place with the Energy Committee in the Parliament of Kurdistan. "
likely Kurdish lawmaker that "the submission of the report to read through future meetings if completed fully prepared. "
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