2015/10/31
Abdul-Mahdi: sufficiency summon foreign companies and not to the national effort to develop a major threat to the country's interests
{Baghdad: Euphrates News} Oil Minister Adel Abdul-Mahdi stressed the need to attach importance, providing conditions for the progress of the national effort and national companies, adding that the sufficiency summon foreign companies, and not to develop national effort a major threat to the interests of the country's present and future.
Said Abdul-Mahdi said in a statement {Euphrates News} received a copy of it today, that "mistakes that can be committed in the oil sector are unilateral outlook .. sees some of them that no progress can only be achieved through foreign giants, while others see that are foreign companies companies whose sole purpose to obtain the highest profits even at the expense of our national interests, and our vision, which we believe it is investigating supreme interests of the country's present and future. "
"The right policy is to ensure that the importance of the integration of both efforts, and that the absence of one another may cause damage to the immediate and future consequences."
"The markets, technologies, and expertise, and large financial capacity we find the whole day on a global scale, and there is no one country can claim today that he can own his effort only other competition, and achieve the desired for himself and his people, and many examples of progress, but the example that he could settle the debate is Example Communist China, and that despite the enormous national potential, but today has become a major partner of the world's largest capitalist companies thus achieved tremendous strides in economic growth, which would have been impossible without openness to the outside and open them abroad. "
He pointed out that "sufficiency summon foreign companies, and the lack of development of the national effort, and self-potential is a major threat to the interests of the country's present and future, but the work of foreign companies are also many and evidence of the damage that could occur when the foreign presence an obstacle to the development of national interests must cooperate with abroad to be integrated and correlated with the development of national capacity, it did not do it we will find ourselves hostages, and we renew our backwardness and dependency cycle, regardless of national slogans that we will submit. "
"We have made clear repeatedly that licensing contracts were positive for the development of the oil sector and gaseous step in Iraq and helped pull the sector in the period was experiencing a historical decline due to negligence and destruction of injury, because of the wrong wars and internal policies and external ongoing, that afflicted the country because of the dictatorship, authoritarian approaches before 2003 .. or those that followed the change, which remained confused and disjointed, lacking a lot of the structural, physical and technical fundamentals and logistics that allow it to take off in the sector .. in light of the local and regional real and global conditions, and not for any reality perceived or imagined away from the truth. "
He added however that the opposite error is transformed licensing contracts to the barrier to the development of the national effort and potential of the Independent, and upgrading his abilities and his companies to the level of capacity and regional and global companies.
He pointed out that "licensing contracts will look useful when prices are, for example, higher than the $ 100 a barrel, and when viewed in the long term, and what can it be achieved by a substantial increase in production offset investments and high costs associated with it .. but licensing contracts will look expensive and turns the burden in the short term, and when the costs of oil and high oil prices, for example, be half above prices or less. The licensing contracts will look useful that helped to springboard our national companies to elevate itself to global standards .. but in return will turn into a negative state that and it stood up to the evolution of our national companies and our own barrier. "
"The Vaala importance and provide the terms of the progress of the national effort of national and our companies need to protect our present and our future, it is the need to fill a lot of gaps in the licensing contracts, hence the importance of full support for granted, either through licensing itself decades, and charged with our national companies a lot of business that can be made, and that will reduce costs while maintaining production plans, or through support (legal, legislative and financial) which should be providing it as a sector, the Ministry and the Government of her and their workers; to develop their expertise, and give them the will, flexibility and incentives, and potential sufficient; to be the level of their peers .. and check their company global standards that allow her activities wider and more complex, both inside or outside the country, and to achieve the higher interests of our people. " Ended h
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