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Expert: Iraq will be the most developed countries in the global oil economy
07/26/2012 0:00
Stated that alternative energy can not compensate for the needs of the oil in the Next Fifty Years
BAGHDAD - Haider Filaih Rubaie
said Academy specializes affairs of the oil that opening up the technological world is witnessing led to be the economics of oil and gas, the cornerstone of the growth processes of producing countries, stressing that this concept make oil markets the upper hand in the organization of economic policy for the various joints, advanced industrial countries, and while he believes that the current through which Iraq require more strategic planning, he stressed the need to find a driving force or a tool for the advancement of economic destruction, saying that oil is the most prominent of those tools and means driving towards the economic transformation towards achieving progress in the proportion of sustainable development in the country.
The head of the IT department of oil in the University of Technology, Dr. Khalid Ajami al-Rubaie during his speech for the (morning): You need the economic boom in the various industrial sectors to finance financial in order to create the infrastructure, where the Oil tributary President for the construction of many of the vital sectors, so the driving force to achieve those gains are oil class basis, which is the most prominent factors to encourage and move the process of investment in various sectors of business and services and thus achieve an economic renaissance comprehensive in all areas productivity. said al-Rubaie said the world and over the past fifty years the next will not be able to dispense with the oil and gas as the main reservoirs of energy, pointing out that the ratio of these two elements in various areas of the world amounted to more than 63 percent of all the key elements of energy, this means that the oil can not be replaced by any element of another during the time periods ahead, which calls for the exploitation of those for the rehabilitation of all industrial facilities, commercial, agricultural and tourist revenues that come to the country for the sale of petroleum in the world.
depends Iraq by more than in some cases the proportion of 90 percent on oil imports to cover Moisnath past, and to establish strategic projects task, and to cover operating expenditures of the sector general government.
warn interested risk it on the economic reality in general, and stress from time to time the need to find outlets other investment of non-oil, and increase production rates, and reduce the imports of industrial lead to the migration of big money abroad, stressing in At the same time the importance of rehabilitation of industrial and agricultural sectors, and Aanaachehema the extent that they can of production and competition and thus strengthen the resources of the country's financial and reduce the near total dependence on oil.
and see spring that despite the great interest which the world is witnessing the subject of alternative and renewable energy, but it can not compensate for the demand for oil and gas in the global markets in the coming years, likely to increase rates of demand gradually over the next few years until you reach the highest ratios in 2020, warned at the same time the possibility of being affected by oil prices, many of the factors that lead the result to lower prices in the international markets. especially the wars and the political situation volatile faced by countries public and in particular OPEC (oil producing countries), as well as pressure on those countries which impede usually plans and ceilings specific output and that build on the broad base of considerations.
However, al-Rubaie said that it is Among the factors affecting oil prices globally are financial and economic crises experienced by the world, as happened in 2009, and price fluctuations in the seasons of summer and winter, and increase the number of factories, the giant in the developed countries, as well as environmental factors and natural disasters that control is the other prices of oil worldwide.
is based on spring to a number of studies and research in his assertion that Iraq will stand at the forefront of countries with economies in an oil firm in the coming years, so having many of the qualifications the task that stands in the forefront of oil reserves and high potential physical, human and openness to the world, pointing out that all those Features will play together play a vital role in stopping Iraq at the forefront of countries with economies in oil sobering in the region.
explains Rubaie said oil licensing rounds, the four witnessed by the Iraqi oil sector is a sign of progress confident towards creating economy oil is strong, and the formation of science policy tries to Iraq crystallized in its strategy in the medium and long term, stressing that these tours will be reflected positively on the economic reality in its entirety to all governorates of Iraq, praising the timeshare itself, including its oil ministry's efforts said it was excellent in increasing the volume of oil investments, calling on them not to stop at a certain level in the lift production but also to contribute in bringing about economic integration in the areas of refining and the provision of derivatives and export of petrochemical and building industries that require more effort and hard work.
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