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Oil pursued confirm the accuracy and clarity in the information flow
On: Sun 12/18/2011 8:25
The Ministry confirmed the oil pursued transparency in the flow of information and data on the oil sector
, observers said that Iraq is an urgent need to deal with transparency in the figures for production and exports in the oil sector, which depends upon the country by 90 percent of its finances.
He declined the spokesman of the Ministry of Oil of the comment's (range economic) for criticism of experts and observers, calling our representative by giving the names of experts first to measure the importance of expert or not, and comment on the criticism.
criticized the initiative, the Extractive Industries Transparency in Iraq on Tuesday and the Ministry of Oil on the disclosure of information and figures in the projects of oil fields.
The oil expert, Hussein star told the Kurdish news agency (Rn) on the sidelines of the Iraqi Institute for Economic Reform, "Iraq should benefit from the initiative of national transparency through verification of companies and government revenues from oil and gas."
concerned with Transparency Initiative extractive industries to monitor and match the contracts with the financial revenues of extractive industries such as oil and extractive industries and other metal and all that is extracted from the earth, including the fisheries.
The star "in the case of enhanced transparency initiative role in Iraq, it will facilitate the process of ensuring a fair distribution of the general budget of the state and strengthen oversight and accountability and the fight against corruption. "
Iraqis complain a lot of government corruption, says many of them to be behind the poor state of electricity, water and other basic services.
The economist said Ahmed ÇáČŃíĺí (Rn), "Iraq needs to transparency of oil and to follow the global tools to disclose the production of oil fields. Iraq need a high degree of disclosure consistent with the principles of Transparency International. "
joined Iraq in the past to the "initiative of the Extractive Industries Transparency international" which sets global standards for transparency with respect to mining.
and companies must disclose the taxes and royalties paid to governments, with the demand governments to provide proof of receipt of such payments.
Iraq has the third largest oil reserves in the world is that place atheist century in the list of the largest producers.
and can be of the agreements signed by Iraq to increase production from 2.7 million barrels per day to nearly 12 million barrels per day within six years.
and Iraq plans to improve his reputation as a country suffering corruption and abuse of its vast oil wealth.
The oil expert, Hamza Jeweler (Rn) "is the transparency in the political oil of the most important pillars of the main for the development of the oil sector in the country."
and explained that "the policies of production requires clarify the limits of production according to international treaties and study the need for the Iraqi market and policies relating to distribution. "
"The part of the transparency concerning the clarification of state mechanisms for the development of disadvantaged areas and develop a policy for awarding contracts service in addition to developing a list of acceptable companies that operate in the production sector."
The committee, oil and energy representative on the need to develop an information center specialized in the Oil Ministry to expand the transparency in the dealings of the Ministry of Oil.
Iraq is seeking to modernize an economy devastated by years of war and international sanctions and violence, but depends heavily on foreign giants to help him in ages.
and Iraq signed a series of oil agreements with major companies tries from which to increase its oil production to four times its current size.
and announced the National Secretariat for the initiative of the Extractive Industries Transparency in Iraq IEITI)) the completion of the first report of the Extractive Industries Transparency for 2009 will be issued soon for information and through its results will improve the situation in Iraq of international peace corruption positively.
According to ministry spokesman Assem Jihad, oil (Rn) in the earlier, "We are pursuing transparency and accuracy in dealing with the media."
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