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Baghdad / Baghdadi news / .. Expressed to the Oil and Energy Committee in the House of Representatives on Monday, fears of decline confiscated Iraqi oil and its impact on next year's budget.
A member of the Furat al-Shara for / Baghdadi news / .. "The drop in oil exports will affect one way or another on the Iraqi economy and the budget of 2014," he said, adding that "the decline will not last long and it is hoped to increase oil exports in the coming months."
He added that "oil exports dropped to the level of 500 thousand barrels per day," adding that "this decline will cause many problems," noting that "the security and political conditions and administrative, is one of the causes of this decline."
Shara continued that "there is an important issue related to export a pipeline القليلية issue," explaining that "the height of Iraq's oil production depends on the stability of the political and security situation."
According to deputies and Iraqi experts in the field of energy, that the security situation is tense and worn out infrastructure of oil pipelines, and reduce the oil giants to their investments, could lead to a larger decline of oil production in the country. / Finished 21 [You must be registered and logged in to see this link.]
