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Legal Advisor: Oil formula did not send the new contract with Shell
18/06/2011 13:51
Baghdad, June 18 (Rn) - The legal adviser to the Iraqi government on Saturday that the oil ministry did not send a copy of a modified version of the contract between them and Shell, adding that the current version, which many legal problems.
Announced that the Iraqi Oil Ministry will sign a final contract it with Shell to develop the gas fields, affirming that she commissioned a cadre of legal access to the final version of the contract with the company during the month of June,.
The company has demanded that Shell Oil Ministry signed a final contract after the initial contract was concluded in 2008
Fadel said Mohammed Jawad told the Kurdish news agency (Rn) that "The oil ministry did not send form new contract with Shell to the Secretariat after it refused to format the old contract between the Ministry of Oil and Shell because of legal problems, which require extensive amendments and sent to the Secretariat of the Council of Ministers ".
He added that "the Iraqi government instructed the Ministry of Oil in the non-conclusion of the contract unless the current formula to solve some legal problems which may harm the political in the oil of Iraq."
He continued that "the General Secretariat of the Presidency of the Council of Ministers Awaiting amended version of the contract with Shell to study and speed up the signing of the contract."
The Oil Ministry announced that Iraqi and Iraq's imports for the month of May last reaching its highest level since reaching more than seven billion and $ 450 million, and reached Iraq's exports to 2,000,225 barrels of oil per day of Iraqi crude.
Iraq says that 60% of its crude oil exports to Asian markets, the global favored by the U.S. imposed on him with money transfer system "transit."
The country plans to increase its exports during the next six years to 12 million barrels per day after obtaining the approval of the world's oil, "OPEC".
The oil ministry has declared the month of September / September last year that crude oil inventories in the country was 505 billion barrels of discovered fields that $ 66 oil fields, with total recoverable reserves of 143 billion barrels of oil.
Wanan of Jafar, the Open: Peace Baghdadi
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18/06/2011 13:51
Baghdad, June 18 (Rn) - The legal adviser to the Iraqi government on Saturday that the oil ministry did not send a copy of a modified version of the contract between them and Shell, adding that the current version, which many legal problems.
Announced that the Iraqi Oil Ministry will sign a final contract it with Shell to develop the gas fields, affirming that she commissioned a cadre of legal access to the final version of the contract with the company during the month of June,.
The company has demanded that Shell Oil Ministry signed a final contract after the initial contract was concluded in 2008
Fadel said Mohammed Jawad told the Kurdish news agency (Rn) that "The oil ministry did not send form new contract with Shell to the Secretariat after it refused to format the old contract between the Ministry of Oil and Shell because of legal problems, which require extensive amendments and sent to the Secretariat of the Council of Ministers ".
He added that "the Iraqi government instructed the Ministry of Oil in the non-conclusion of the contract unless the current formula to solve some legal problems which may harm the political in the oil of Iraq."
He continued that "the General Secretariat of the Presidency of the Council of Ministers Awaiting amended version of the contract with Shell to study and speed up the signing of the contract."
The Oil Ministry announced that Iraqi and Iraq's imports for the month of May last reaching its highest level since reaching more than seven billion and $ 450 million, and reached Iraq's exports to 2,000,225 barrels of oil per day of Iraqi crude.
Iraq says that 60% of its crude oil exports to Asian markets, the global favored by the U.S. imposed on him with money transfer system "transit."
The country plans to increase its exports during the next six years to 12 million barrels per day after obtaining the approval of the world's oil, "OPEC".
The oil ministry has declared the month of September / September last year that crude oil inventories in the country was 505 billion barrels of discovered fields that $ 66 oil fields, with total recoverable reserves of 143 billion barrels of oil.
Wanan of Jafar, the Open: Peace Baghdadi
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