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Abdul-Mahdi: Our production exceeded 4 million barrels and strive to raise the proportion of national workers in the oil sector
2015/10/29
Long-Presse / Basra
Oil Minister Adel Abdul Mahdi, on Thursday, the ministry has sought to raise the national employment rate in the oil sector, and pointed out that Iraq's oil production rate exceeded 4 million barrels a day, while pointing out the need to increase oil production.
Adel Abdul-Mahdi, during a press conference held on the sidelines of a visit to the Al-Zubair warehouse 1 oil in Basra province and attended (range Press), said that "a review of the oil licensing rounds does not mean the change, but modifying the agreements with the oil companies to take account of Iraq's economic conditions, the fact that oil supplier base of the budget. "
He said Abdul-Mahdi, that "the ministry is seeking to increase the national employment in the oil sector and increase oil production," stressing that "Iraq's oil production to more than 4 million barrels per day, of which more than three million of the southern fields."
The oil minister, Adel Abdul-Mahdi, announced Wednesday, that the ministry is working on a review of oil licensing contracts with foreign companies and reduce costs to achieve common for Iraq and corporate service, while stressing the need to link the agreements with the fluctuation unions oil prices, attributed the reasons for the decline of various sectors, agricultural and industrial and trade to an imbalance in the channeling of resources.
The oil minister, Adel Abdul-Mahdi, announced on Wednesday, recording a significant increase oil production during the current year compared to the year 2014, and pointed out that the Iraq country's second producer and exporter of OPEC countries, as revealed that the next term will actually move to stop liquid gas import and work on Export, stressed that Iraq is seeking to be that there is a remarkable development in a final stop gas flaring during the next two years.
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