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Iraq lacks a strategy to absorb the financial Galore
8/29/2015 0:00
Baghdad
varied visions about the new policy adopted by the Ministry of Oil in the investment of oil fields that, and missed out on these visions based on an assessment of the benefits, financial and economic costs as they were focused on the political aspects of social, culture and all the debate is about the conviction to accept contracts for foreign companies to invest in Iraqi oil or not.
In this regard, the academic said economist and expert d. Ahmed Narrator: that the new policy represented by the Oil Ministry to prepare rounds of competition to accept contracts organized by the ministry announced in terms of winning these contracts to invest in oil fields.
One of the main items of these contracts is the time limit required to increase production capacity for each field to determine the wages of service each produced barrel of oil.
He narrator that the new oil policy, raised a lot of questions by many interested observers about the nature of these contracts.
Is it intended to increase production or are there other targets and whether there is an urgent need to actually increase production to more than four times during the a decade.
Is storage system and the National Export able to export those big of Iraqi oil that will be in 2016 about 38 percent of OPEC's exports quantities if the contracts were able to increase production to the ceiling?
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8/29/2015 0:00
Baghdad
varied visions about the new policy adopted by the Ministry of Oil in the investment of oil fields that, and missed out on these visions based on an assessment of the benefits, financial and economic costs as they were focused on the political aspects of social, culture and all the debate is about the conviction to accept contracts for foreign companies to invest in Iraqi oil or not.
In this regard, the academic said economist and expert d. Ahmed Narrator: that the new policy represented by the Oil Ministry to prepare rounds of competition to accept contracts organized by the ministry announced in terms of winning these contracts to invest in oil fields.
One of the main items of these contracts is the time limit required to increase production capacity for each field to determine the wages of service each produced barrel of oil.
He narrator that the new oil policy, raised a lot of questions by many interested observers about the nature of these contracts.
Is it intended to increase production or are there other targets and whether there is an urgent need to actually increase production to more than four times during the a decade.
Is storage system and the National Export able to export those big of Iraqi oil that will be in 2016 about 38 percent of OPEC's exports quantities if the contracts were able to increase production to the ceiling?
[You must be registered and logged in to see this link.]
