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Ysuzan Saad critical of silence and the Oil Ministry about the threats to close the Strait of Hormuz
Friday, 20 December / 2 January 2012 10:22
{Baghdad} criticized the Euphrates News Member of the Commission on oil and energy parliamentary Susan Saad silence and the Oil Ministry about the threats to close the Strait of Hormuz through which most of the country's oil exports.
Iran has threatened to close the strategic Strait of Hormuz in the event of the imposition of economic sanctions on its oil which it relies to fund nearly 80% of the budget of the country.
Said Saad told the Euphrates {News} "The Ministry of Oil has not made any statement or fears of closing the Strait of Hormuz and is interested in this as a serious issue that threatens to significantly
The reality of the country's oil exports, especially as the Strait of Hormuz through which most of the issue of oil exports. "
She added that "the silence of the Oil Ministry about the threats and not offered any alternatives in the event of closing the Strait of Hormuz, invites us to work on the investigation of the Oil Ministry's position regarding this matter."
And confirmed that "the Commission on oil and energy parliamentary discuss Iran's threats to close the Strait of Hormuz are extensive and will try to make recommendations to the parliament and the government to reduce the negative effects that will occur in the event of closure of the Straits."
Saad called on to "open more than one port for the export of oil in case of any emergency that may happen because the stay on one port will affect negatively on the country's economy which depends heavily on oil exports."
He was a former Iraqi oil minister Ibrahim Bahr al-Ulum, said that 16 million barrels of oil transported daily through the Strait of Hormuz, including 1.7 million barrels from Iraq, closing the Straits of this country will lose $ 250 million every day. Is over 6:00 p.m.
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Friday, 20 December / 2 January 2012 10:22
{Baghdad} criticized the Euphrates News Member of the Commission on oil and energy parliamentary Susan Saad silence and the Oil Ministry about the threats to close the Strait of Hormuz through which most of the country's oil exports.
Iran has threatened to close the strategic Strait of Hormuz in the event of the imposition of economic sanctions on its oil which it relies to fund nearly 80% of the budget of the country.
Said Saad told the Euphrates {News} "The Ministry of Oil has not made any statement or fears of closing the Strait of Hormuz and is interested in this as a serious issue that threatens to significantly
The reality of the country's oil exports, especially as the Strait of Hormuz through which most of the issue of oil exports. "
She added that "the silence of the Oil Ministry about the threats and not offered any alternatives in the event of closing the Strait of Hormuz, invites us to work on the investigation of the Oil Ministry's position regarding this matter."
And confirmed that "the Commission on oil and energy parliamentary discuss Iran's threats to close the Strait of Hormuz are extensive and will try to make recommendations to the parliament and the government to reduce the negative effects that will occur in the event of closure of the Straits."
Saad called on to "open more than one port for the export of oil in case of any emergency that may happen because the stay on one port will affect negatively on the country's economy which depends heavily on oil exports."
He was a former Iraqi oil minister Ibrahim Bahr al-Ulum, said that 16 million barrels of oil transported daily through the Strait of Hormuz, including 1.7 million barrels from Iraq, closing the Straits of this country will lose $ 250 million every day. Is over 6:00 p.m.
[You must be registered and logged in to see this link.]
