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Promised an important factor for the recovery of the national economy
BAGHDAD - Farah pumice
within government guidelines to promote and upgrade by oil and gas production in Iraq has completed the Ministry of Oil preparations for the launch of the licensing round fifth in the coming days. Despite the achievements made at this level, according to the assurances the ministry and the export figures, However, the Commission on oil and energy parliamentary find it is not enough, calling for more investment in this area, which is the supplier of the president of the country. Committee member Rep. Susan Saad indicated that the licensing rounds overshadowed positive on the national economy in terms of increased production, as well as increased oil exports . preferential licenses and praised Saad in her "morning" rounds of licensing the second, third and fourth, considering them better than the first round through contracts with companies that have been referred her oil projects and the conditions laid down between the two sides, especially that he has been treated with known international companies. transparency and disclosure , however, It criticized the oil ministry because of the lack of information which its Committee on the priorities and the merits of oil licensing rounds by the media, attributed it to the lack of coordination between the legislative and executive branches, and this is what loses the principle of work transparency and disclosure. Patches exploratory new and The Oil Ministry recently announced, for 10 to 12 Patch exploratory gas within the licensing round five, according to Director General of the Department contracts and licenses oil ministry Abdul Mahdi al-Amidi, who said: "The ministry began more than a month to prepare and identify patches exploratory gas which will be announced within the oil licensing round five," noting that " The ministry will determine the 10 to 12 area within this round. " revive the economy , said Rapporteur of the Commission on oil and energy MP Mohammad Qasim Mchkta "morning": that "oil licensing rounds of the important factors in reviving the national economy, but the positive effects are limited and lacked a lot of factors. " gas investment is said that Oil Minister Abdul Karim and coffee has confirmed in a press statement, that the plans and programs of the ministry will be in the next term on the investment of gas production, whether associated with oil or heat in the gas fields, and then export out of Iraq after the achieve self-sufficiency of it. Iraq has displayed its oil fields during the first licensing round and the second development by international companies to reach a production of at least 6 million barrels of oil per day within the year 2017, and Iraq is exporting crude oil from the ports of Basra and Khor al-Amaya on the Gulf Arab, as well as the Turkish port of Ceyhan on the Mediterranean. legal cover and obstacles faced by the Mchkta reported that tours each licensing round should have a legal cover, as well as the reluctance to manage (oil licensing rounds), indicating that the companies that have been referred oil projects is one of the global companies discreet and many of them withdrew due to mismanagement and lack of legal cover to the nature of the work. ranked ninth in the context of online and called former oil minister d. Ibrahim Bahr al-Ulum to launch a licensing round private investment in the minerals and the rest of other natural resources in Iraq. The invitation Bahr al-Ulum to establish a licensing round of this kind after the class report, published by a newspaper global solutions, Iraq ranked ninth among the most امتلاكا of natural resources in the world . global reports the minister said the former told the (morning) that global reports indicate the wealth of Iraq's natural in the world is dynamic reports indicate the amount of Maimitlleke Iraq from this wealth and thus placed in ninth position emphasizes the importance globally, making it attractive for investments. was a report published "The Wall Street Journal," the U.S. has filed Iraq ranked ninth among the most امتلاكا of natural resources in the world, and pointed out that those resources of about 15.9 trillion worth of oil, gas and phosphate. Investment metals and stressed that what Iraq needs today is that the movement of the targeted investment Minerals in Iraq being the responsibility of the Ministry of Industry in terms of the management of phosphate, sulfur and so on, especially in the Western Sahara, pointing out that Iraq has a lot of minerals that add extras quality to the wealth of the other and it needs to be there licensing rounds is not oil, not gas, but metal We must initiate it and Industry Ministry with other government agencies. huge responsibility and the minister noted former that the reports during the past six months at the level of energy and oil or gas in addition to this report put Iraq in front of a big responsibility is how to invest these natural resources and translate them into reality on the ground so that can be reflected on the citizen, and how that can be converted from the earth and above the investment projects on the ground in order to serve. said Bahr al-Ulum that this duty of the state, specifically the parliament and government that Aokhma on عاتقيهما responsibility that this country is rich in its resources as it is rich in human resources. diversify resources, the economy and pointed out that the main objective is to diversify our economy and not rely on oil so we focus on the need to develop the oil industry any benefit from crude oil and gas to establish industry بتروكيمياوية in addition to other metals, it gives a great opportunity for Iraq to absorb unemployment and the establishment of giant projects at a time which share the exploit should be exploited in order to establish a sophisticated industry capable because Iraq to pay industrial trend and so there will diversify the Iraqi economy.
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