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An economic expert to / Nina /: The oil will not run out soon.. and the government should invest in the manufacturing industries

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An economic expert to / Nina /: The oil will not run out soon.. and the government should invest in the manufacturing industries

Monday 03 January 2022 20:46 | economic    Number of readings: 263

Baghdad / NINA / -
The economic expert, Nabil Al-Marsoumi, described the recent statements of the Minister of Finance about the depletion of Iraqi oil as inaccurate.

He told the National Iraqi News Agency ( NINA ): If the visions and expectations of the Minister of Finance are correct and that the world will leave oil in 2030,

or that the demand for oil will witness a great collapse and therefore oil revenues will collapse,

then the Council of Ministers must take a decision to stop investing in programs to develop oil production and export capabilities. raw.

Al-Marsoumi added that: The Council of Ministers should enhance its investments in the manufacturing industry in the refining and petrochemical sectors in order to increase revenues.

He pointed out that: The minister's expectations are inaccurate, because all studies and reports of the International Energy Agency and OPEC indicate that oil will remain at least for the year 2050.
/End 3

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