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Abdul-Mahdi: We can not reduce oil exports and companies want the argument for non-compliance with contracts
5/30/2015
Oil Minister Adel Abdul-Mahdi, that Iraq can not reduce the volume of oil exports in order to adopt most of the sectors of the state of security and services to the resources obtained by the size of the country. Said Abdul-Mahdi, in his speech during the deliberative meeting held today in Maysan province, between the ministry and the provinces on the oil and gas management attended by the correspondent Agency all of Iraq
"We are witnessing a serious decline in economic sectors such as agriculture, industry and trade, and we discovered this economic situation in the fall in oil prices "noting that" if we had oil and gas law to Hhdnha obstacles today between the federal government and its local governments, "stressing that" serious Parliament legislation in oil and gas law. "
He explained that "in order to correct the paths we want to restore vitality to the word together, to be the course of one, there are proposals for local governments to be starting in the joint committees between us and companies, and planned with us and is responsible for the policies to operate, nor take action unilaterally, but to take after consultation between everyone, in all explorations and other issues. "
He said, "We are serious about moving forward with this policy, and the effort is now offering oil and gas law and speed up legitimizes, and correct this relationship and to confirm the presence of local governments and popular role is protector of the oil wealth, and that the taboo not be a reason for leveling the ground, but be good investment opportunities."
He said Abdul-Mahdi, that "the relationship between the ministry and its mission, the fact that the reality of the oil wealth has become a supplier base of the national economy", adding "We can not stop production or downgrade or reduce the export, not the everything in Iraq the day of battle and salaries to the size of resources entering the country, and if we put a priority to reduce the production will not gain anything, was bouncing the correct positions in the country's production and exports and maximized with respect to oil and gas wealth in the refineries. "
And that "everything depends on oil, electricity, salaries, armament," pointing out that "all the work to put the interests of this is wrong, and we must recognize it without attribution will be in trouble and disrupt itself."
He said the oil minister "Today we have a third party, which companies, whether foreign or national, where we set off in decades duration medium and long, and must be respected these contracts," noting that "some companies want the argument to downplay these contracts or leave the commitments made in the last period ".
"The companies today in Iraq are friendly countries, and is a partner in our work as it is not a charity, but came to realize profits, and they understand that as we enter an important part of the social factor in achieving the benefit."
He said Abdul-Mahdi said "work and the relationship between us and the important companies, and if the tense disrupt its work, we are linked to contracts and as far as respect are these contracts we respect them, and the relationship between the parties is in everyone's interest," noting, "I do not think we are able to manage this file correctly, but in good relationship between all of these parties, local governments, and the people, and the ministry and its companies, and investors, so it must have relations consultation and exchange of opinion and understanding to be the benefit for everyone. "
He was held this morning in the province of Maysan, deliberative meeting between the government and the provinces in the oil and gas department, headed by Oil Minister Adel Abdul-Mahdi, and the presence of a number of governors and heads of the provincial council and some representatives of local and foreign oil companies, to discuss mutual powers between the federal government and local governments in the management of Oil and Algaz.anthy
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5/30/2015
Oil Minister Adel Abdul-Mahdi, that Iraq can not reduce the volume of oil exports in order to adopt most of the sectors of the state of security and services to the resources obtained by the size of the country. Said Abdul-Mahdi, in his speech during the deliberative meeting held today in Maysan province, between the ministry and the provinces on the oil and gas management attended by the correspondent Agency all of Iraq
"We are witnessing a serious decline in economic sectors such as agriculture, industry and trade, and we discovered this economic situation in the fall in oil prices "noting that" if we had oil and gas law to Hhdnha obstacles today between the federal government and its local governments, "stressing that" serious Parliament legislation in oil and gas law. "
He explained that "in order to correct the paths we want to restore vitality to the word together, to be the course of one, there are proposals for local governments to be starting in the joint committees between us and companies, and planned with us and is responsible for the policies to operate, nor take action unilaterally, but to take after consultation between everyone, in all explorations and other issues. "
He said, "We are serious about moving forward with this policy, and the effort is now offering oil and gas law and speed up legitimizes, and correct this relationship and to confirm the presence of local governments and popular role is protector of the oil wealth, and that the taboo not be a reason for leveling the ground, but be good investment opportunities."
He said Abdul-Mahdi, that "the relationship between the ministry and its mission, the fact that the reality of the oil wealth has become a supplier base of the national economy", adding "We can not stop production or downgrade or reduce the export, not the everything in Iraq the day of battle and salaries to the size of resources entering the country, and if we put a priority to reduce the production will not gain anything, was bouncing the correct positions in the country's production and exports and maximized with respect to oil and gas wealth in the refineries. "
And that "everything depends on oil, electricity, salaries, armament," pointing out that "all the work to put the interests of this is wrong, and we must recognize it without attribution will be in trouble and disrupt itself."
He said the oil minister "Today we have a third party, which companies, whether foreign or national, where we set off in decades duration medium and long, and must be respected these contracts," noting that "some companies want the argument to downplay these contracts or leave the commitments made in the last period ".
"The companies today in Iraq are friendly countries, and is a partner in our work as it is not a charity, but came to realize profits, and they understand that as we enter an important part of the social factor in achieving the benefit."
He said Abdul-Mahdi said "work and the relationship between us and the important companies, and if the tense disrupt its work, we are linked to contracts and as far as respect are these contracts we respect them, and the relationship between the parties is in everyone's interest," noting, "I do not think we are able to manage this file correctly, but in good relationship between all of these parties, local governments, and the people, and the ministry and its companies, and investors, so it must have relations consultation and exchange of opinion and understanding to be the benefit for everyone. "
He was held this morning in the province of Maysan, deliberative meeting between the government and the provinces in the oil and gas department, headed by Oil Minister Adel Abdul-Mahdi, and the presence of a number of governors and heads of the provincial council and some representatives of local and foreign oil companies, to discuss mutual powers between the federal government and local governments in the management of Oil and Algaz.anthy
[You must be registered and logged in to see this link.]
