Home
Iraq's oil, flammable substance of political
On: Tue 01/24/2012 20:28
Nahed Abu Zeid
Iraq eager to increase its production during 2012 from 2.8 million to more than three million barrels a day.
The challenges faced by producing countries and the Organization of Petroleum Exporting Countries (OPEC) for more than a few. As Iraq faces, who heads the current session of this organization, in turn, large tests.
At the domestic level represents the coming months, according to what the experts articulated on the station by installing the government of Nouri al-Maliki's ability to implement plans for field development and the rehabilitation system, export, transport and storage to serve the expected increase in the levels of national production.
And externally, to receive regional and international conflicts to bear on the role of Baghdad in the leadership of a new phase of life "OPEC." Especially as the complexity of the political and nuclear files with files of oil threatening to become a "flashpoint of the oil crisis threatening the security of the Gulf region and economies."
This is what he says and former Iraqi oil minister Ibrahim Bahr al-Ulum, who appealed to the leadership of the organization to keep the Gulf region, what he called the adventure is calculated and the development of new foundations to install peace and security of petroleum, he said.
Iraq and OPEC
Swim across the Strait of Hormuz, more than twenty percent of oil supplies to world markets from both Iraq and Iran. Which represents a thirty-five percent of the oil transported by sea around the world.
The rate of sailing per day during the last year, seventeen million barrels of crude oil. This is what makes Iraq a central role in maintaining the collapse of OPEC in order to preserve its interests and the interests of the Member States.
Riparian States on the Persian Gulf have sixty percent of world reserves, and produced a forty percent of world oil production, let alone gas.
D see from here. Ibrahim Bahr al-Ulum that Baghdad must Tstnhi capabilities to solve the situation internally and investment relations regionally and internationally, to voluntarily give him the positive movement in the framework of common interests.
Thus, Iraq is expected to inaugurate a new focus for the Non-Aligned oil to achieve a balance between the two axes opposite sides: Saudi Arabia and the Gulf States on the one hand against Iran and Venezuela, Algeria, on the other. To achieve this, there are those who think that the desired task of the Iraqi leadership of OPEC are summarized in the titles of three:
1 - coordination with the countries of the region that you want to change, such as Libya to maintain the independence of the decision within OPEC.
2 - ensure oil security and oil and gas as a strategy of the rejected goods used as a political weapon.
3 - ensure that the response of Member States in the Organization calls for compensation for the shortfall by imposing a ban on oil from the members.
Political disagreement on the management of the oil sector
The Iraqis are looking forward to the day it comes out the vital oil sector from the neck of a bottle of political conflict, to exploit the momentum of investment in the development of petroleum resources and their use in human development.
Desirous of Iraq to increase production during 2012 from 2.8 million to more than three million barrels a day beyond the rates of production before the invasion of Kuwait.
It is expected to achieve Iraq's major achievement by the end of next year to increase the production rate of four million barrels per day, exceeding the highest rates of production before the start of the Iraq war - Iran. This will bring additional revenue up to fifty billion dollars for the next two years that will contribute to filling the budget deficit and improve services, especially electricity.
But internal dissension on the management of oil wealth, putting the Iraqi government in an awkward position. The engineer Hamza expert jeweler production and development of oil fields that "Contrary to the rumors about the political problems in the country and accused the government of Nuri al-Maliki dismissed its partners and autocracy," the crux of the matter is "rushing to share the oil resources."
KRG contracts revealed the production of a partnership with Exxon in the U.S. six sites, three of them in the disputed areas in Nineveh province in northern Iraq. Reactions came on as a challenge to the trends of the Iraqi Oil Ministry. Several decades of partnership in violation of the service contracts currently in place, add to that that the management of oil wealth under Article 112 of the Iraqi constitution should be based on coordination and partnership between the federal government in Baghdad and the regions and producing provinces.
Prospects and solutions
And the failure of Iraqi politicians in 2007 to reach a common vision governing the management of oil wealth in the oil and gas law. Also did not find the proposed creation of the Supreme Council of the oil and gas to light his way to be independent framework to resolve the differences and an umbrella for policy strategy implemented by the national oil company (which was discontinued during the previous regime).
If they can not re-activate the above-mentioned proposals must be agreed upon reference to resolve disputes, especially on constitutional concepts for the management of oil wealth.
Therefore calls upon the d. Sea to the adoption of science, "the Federal Court as an option optimal" serve as the desired reference and shall be binding on all the political blocs after the approval of Parliament to the law of this court. "
And all the Iraqi parties agree on the need to develop the capacity of the oil and gas to attract foreign investment. However, the crises in the country and methods of treatment do not carry a message reassuring to investors and even more so is the warning of Iraq's oil to transfer a flammable political.
For BBC
[You must be registered and logged in to see this link.]
On: Tue 01/24/2012 20:28
Nahed Abu Zeid
Iraq eager to increase its production during 2012 from 2.8 million to more than three million barrels a day.
The challenges faced by producing countries and the Organization of Petroleum Exporting Countries (OPEC) for more than a few. As Iraq faces, who heads the current session of this organization, in turn, large tests.
At the domestic level represents the coming months, according to what the experts articulated on the station by installing the government of Nouri al-Maliki's ability to implement plans for field development and the rehabilitation system, export, transport and storage to serve the expected increase in the levels of national production.
And externally, to receive regional and international conflicts to bear on the role of Baghdad in the leadership of a new phase of life "OPEC." Especially as the complexity of the political and nuclear files with files of oil threatening to become a "flashpoint of the oil crisis threatening the security of the Gulf region and economies."
This is what he says and former Iraqi oil minister Ibrahim Bahr al-Ulum, who appealed to the leadership of the organization to keep the Gulf region, what he called the adventure is calculated and the development of new foundations to install peace and security of petroleum, he said.
Iraq and OPEC
Swim across the Strait of Hormuz, more than twenty percent of oil supplies to world markets from both Iraq and Iran. Which represents a thirty-five percent of the oil transported by sea around the world.
The rate of sailing per day during the last year, seventeen million barrels of crude oil. This is what makes Iraq a central role in maintaining the collapse of OPEC in order to preserve its interests and the interests of the Member States.
Riparian States on the Persian Gulf have sixty percent of world reserves, and produced a forty percent of world oil production, let alone gas.
D see from here. Ibrahim Bahr al-Ulum that Baghdad must Tstnhi capabilities to solve the situation internally and investment relations regionally and internationally, to voluntarily give him the positive movement in the framework of common interests.
Thus, Iraq is expected to inaugurate a new focus for the Non-Aligned oil to achieve a balance between the two axes opposite sides: Saudi Arabia and the Gulf States on the one hand against Iran and Venezuela, Algeria, on the other. To achieve this, there are those who think that the desired task of the Iraqi leadership of OPEC are summarized in the titles of three:
1 - coordination with the countries of the region that you want to change, such as Libya to maintain the independence of the decision within OPEC.
2 - ensure oil security and oil and gas as a strategy of the rejected goods used as a political weapon.
3 - ensure that the response of Member States in the Organization calls for compensation for the shortfall by imposing a ban on oil from the members.
Political disagreement on the management of the oil sector
The Iraqis are looking forward to the day it comes out the vital oil sector from the neck of a bottle of political conflict, to exploit the momentum of investment in the development of petroleum resources and their use in human development.
Desirous of Iraq to increase production during 2012 from 2.8 million to more than three million barrels a day beyond the rates of production before the invasion of Kuwait.
It is expected to achieve Iraq's major achievement by the end of next year to increase the production rate of four million barrels per day, exceeding the highest rates of production before the start of the Iraq war - Iran. This will bring additional revenue up to fifty billion dollars for the next two years that will contribute to filling the budget deficit and improve services, especially electricity.
But internal dissension on the management of oil wealth, putting the Iraqi government in an awkward position. The engineer Hamza expert jeweler production and development of oil fields that "Contrary to the rumors about the political problems in the country and accused the government of Nuri al-Maliki dismissed its partners and autocracy," the crux of the matter is "rushing to share the oil resources."
KRG contracts revealed the production of a partnership with Exxon in the U.S. six sites, three of them in the disputed areas in Nineveh province in northern Iraq. Reactions came on as a challenge to the trends of the Iraqi Oil Ministry. Several decades of partnership in violation of the service contracts currently in place, add to that that the management of oil wealth under Article 112 of the Iraqi constitution should be based on coordination and partnership between the federal government in Baghdad and the regions and producing provinces.
Prospects and solutions
And the failure of Iraqi politicians in 2007 to reach a common vision governing the management of oil wealth in the oil and gas law. Also did not find the proposed creation of the Supreme Council of the oil and gas to light his way to be independent framework to resolve the differences and an umbrella for policy strategy implemented by the national oil company (which was discontinued during the previous regime).
If they can not re-activate the above-mentioned proposals must be agreed upon reference to resolve disputes, especially on constitutional concepts for the management of oil wealth.
Therefore calls upon the d. Sea to the adoption of science, "the Federal Court as an option optimal" serve as the desired reference and shall be binding on all the political blocs after the approval of Parliament to the law of this court. "
And all the Iraqi parties agree on the need to develop the capacity of the oil and gas to attract foreign investment. However, the crises in the country and methods of treatment do not carry a message reassuring to investors and even more so is the warning of Iraq's oil to transfer a flammable political.
For BBC
[You must be registered and logged in to see this link.]
