Home
Oil Minister: we paid off $ 9 billion late for foreign companies
8/25/2015 12:57
[Baghdad-where]
Oil Minister Adel Abdul Mahdi said on Tuesday that the race hit the foreign oil companies nine billion dollars for the last remaining 2014 and 2015 Ana will pay the arrears in stages until the beginning of 2016.
Said Abdul-Mahdi, in a press statement, that "the ministry has with the help of the Ministry of Finance and the Central Bank and the support of Prime Minister to pay $ 9 billion for the rest of the dues in 2014 to oil companies, also blasted the first quarter of 2015 and is working to pay the second chapter in these days."
He added " repay the third quarter before the end of the year, and as is customary repay the fourth quarter after the submission of the costs at the beginning of 2016, as he Atdarc with companies means reducing costs and linking fluctuations in oil prices for the benefit of the parties at higher prices, or ill afford together burdens when they fall. "
The concluded service contracts in Iraq with foreign oil companies on a fixed dollar fee for additional quantities produced, which means that necessary to repay amounts Crude companies have nearly doubled in the light of the decline in oil prices over the year Alojer.anthy
[You must be registered and logged in to see this link.]
8/25/2015 12:57
[Baghdad-where]
Oil Minister Adel Abdul Mahdi said on Tuesday that the race hit the foreign oil companies nine billion dollars for the last remaining 2014 and 2015 Ana will pay the arrears in stages until the beginning of 2016.
Said Abdul-Mahdi, in a press statement, that "the ministry has with the help of the Ministry of Finance and the Central Bank and the support of Prime Minister to pay $ 9 billion for the rest of the dues in 2014 to oil companies, also blasted the first quarter of 2015 and is working to pay the second chapter in these days."
He added " repay the third quarter before the end of the year, and as is customary repay the fourth quarter after the submission of the costs at the beginning of 2016, as he Atdarc with companies means reducing costs and linking fluctuations in oil prices for the benefit of the parties at higher prices, or ill afford together burdens when they fall. "
The concluded service contracts in Iraq with foreign oil companies on a fixed dollar fee for additional quantities produced, which means that necessary to repay amounts Crude companies have nearly doubled in the light of the decline in oil prices over the year Alojer.anthy
[You must be registered and logged in to see this link.]
