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British newspaper revealed on Friday, the high number of investors in Iraq despite security events because of the growth rates of future GDP, and with an eye to double Iraq's oil production three times over the past 30 years, stressed that the Iraqi market for securities witnessed a record growth compared to regional markets, expected to reach the budget in 2050 to $ 2 trillion.
The newspaper Alvinancel Times of London, a report prepared by the Foundation FMG research concerned with the management of the funds and the activity of the commercial market in the world and seen it (the long-Presse), "despite security events plaguing Iraq, the owners of capital and money changers are adventures to invest their money in this country, attracted by his wealth of oil and the great potential growth rates for the future of the amazing national GDP of the country. "
Institution added that "there are many aspects promised in this country, Iraq has succeeded over the past three decades to double its oil production to three times his arrival to an annual growth rate of its gross domestic product by 10% with the increase in the capital of its market for securities by three-fold over a period of three years."
The newspaper in its report quoted American Foundation "in the Iraqi market for securities is considerable scope for investment because of the security situation has no effect on the process of buying and selling stocks and witnessed record growth quickly not seen markets competition has in the region where dominated by the shares of mobile phone companies and shares of banks banking" .
The report continued that "among the 82 companies listed on the Iraq Stock Exchange, the 21 which is a community banks, where it operates its money in business ventures in the country."
The newspaper quoted Sirefi Merle Laing from the Bank of America as saying that "the Iraqi economy may grow three times its size by the year 2024," while the predicted Citibank, the U.S. "up the country's budget up to $ 2 trillion by 2050, he will become one of the biggest oil exporters in the world. "
On the other hand International Monetary Fund predicted "potential to reap Iraq Kaaoaúd five trillion dollars from its oil exports for the period from the current time until the year 2035."
The speculation came CBI to confirm this prediction and the arrival of the annual growth rate of GDP of the country increased by 9.4% until 2016.
And promised to Reuters news agency, said on Thursday that Iraq is working to restore Ranked as the "fastest" source of oil growing in the world, and so scoring points for customers of Libyan oil after the cessation of Materials currently, "While shown that the processes of rehabilitation and development will enable Iraq to export 3.4 million barrels during the year Current 2014, with the production of an average of four million barrels, is expected to raise the rivals in OPEC.
The Standard Chartered Bank British financing investment, expected on Wednesday, (V Mnm March 2014 Current), to become Iraq's "largest" exporters of crude oil in the world, and that the proceeds can be up to about five trillion dollars in 2035, while between the subject "I do not respect" the deep pockets, but also as to the geological conditions that make the extraction of Iraq's oil and refining "least cost" in the world, confirmed that Iraq beyond the stage of "instability" of political and prevent "attacks" on the infrastructure of oil, if it wanted to be a "pioneer" in this field worldwide.
The deputy prime minister for energy, Hussain al-Shahristani, announced in (the first of March 2014 Current), while attending the opening ceremony of the units new oil refinery in Basra, for achieving No. "historical record" new oil export amounted to 2.0008 million barrels a day during February the past, noting that the projects done by Iraq to develop oil installations, enabled him to produce an average of three million and 500 thousand barrels per day.
The head of the advisers in the Presidency of the Council of Ministers, Thamer Ghadhban, said in a speech to a conference of energy projects in Iraq, held in the Emirate of Dubai, in (the 27 of February 2014), that Iraq is seeking to increase its oil exports by 26 percent during the year 2014, thus reaching 3.4 million barrels per day, while expressed optimism to stop the "waste" of associated natural gas production operations during the year 2015 and the next to benefit from it, expecting to achieve self-sufficiency in petroleum products and stop imported by the year 2020.
The Oil Ministry confirmed, in (the 31 of January 2014), that Iraq will soon become the "most important" sources of energy in the world, and that there will be nine million barrels by 2020, while showed that the Organization of Petroleum Exporting Countries have shown the potential to absorb any increase in the export of Iraq and Saudi Arabia and Libya, has promised that "it will maintain the stability of the" oil prices.
The al-Shahristani, confirmed, in (the 18 of December 2013 the past), that Iraq has oil reserves "of 143 billion barrels and accounting for 10% of global reserves," and explained that it aims to produce nine million barrels of oil per day by 2020, stressing that Iraq needs to train 500 thousand employees to cover the needs in the major oil and gas sectors.
As announced by Deputy Prime Minister for Energy Affairs, at (17 October 2013), that Iraq would be a "main provider" of crude oil in the world through the development of its oil fields and increased foreign investment despite the political instability in the region, which is a global concern regarding the processing of oil .
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