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D. Uloum: Iraq has an opportunity to become a force to be reckoned with in the energy market

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player46


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D. Uloum: Iraq has an opportunity to become a force to be reckoned with in the energy market
On: Tuesday 11/20/2012 08:04 pm


Warning of the lag in the energy sector development program

BAGHDAD - A citizen
He and former oil minister, Dr. Ibrahim Bahr al-Ulum that report International Atomic Energy Agency on the future of Iraq's energy roadmap and select sites strengths and weaknesses in the energy sector with high professionalism and with cautious optimism, stressing that the reluctance of Iraq in the program develop the energy sector may pose a big loss for the exploitation of oil and gas resources and hinder the development process in the country and will cause upheaval in the world oil market.
Uloum said that Iraq has an opportunity to turn into a force to be reckoned with in the energy market and this is not an easy task, but at the same time would put the Iraqis in the prosperity and well-being.
He Uloum "Excellence Tgarirolokulh from other dozens of reports issued in the past the other two being may select sites strengths and weaknesses in the sector with high professionalism and with cautious optimism, and the development of the road map a timetable motive messages to multiple stakeholders national and global on the future of energy in Iraq, based in analysis to the latest figures scientific language approach and compared to conclude that the period of the next few years are the foundation stone in the future of energy in Iraq and the stability of the global market to do with what will achieve Iraq from covering more than 45% of global demand growth, so for Iraqis test to seize the historic opportunity and otherwise complex will be repercussions.
He Bahr al-Ulum said the report issued by the arm Advisory Organization of Economic Cooperation and Development (industrialized countries and the United States) came at the invitation of Iraq to carry out this study, and this is the first call went from an active member founding OPEC to do, recognizes the capabilities of Iraq in overcoming ceilings productivity in two years the other two and that the presence of international oil companies to invest in the fields of the south and center and the region accounted for a positive starting point and must go all the way and overcome the challenges.
"It was the participation of the Ministry of Oil effectively supplement the team with all the information available has been allocated two of the oil sector to participate in effect in the credibility of the report.
Work continued for nearly a year and has been issuing report wide coverage when Released in London and Baghdad and Washington, reflecting the importance of the energy sector in Iraq as the second product in the OPEC in the perspective of industrialized nations in charting the course of world energy.
The text of an article by Dr. Ibrahim Bahr al-Ulum

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