09/12/20140
Confirmed that the local government in Basra, it will form a delegation to meet the Prime Minister and the Minister of Oil and discuss with them about activating the law in relation to the role of Basra, in the conclusion of oil contracts with foreign companies, a contestant so the First Amendment to hold the investment in Rumaila, while confirmed Director of the Iraqi field that the contract does not target cut the rate of oil production, but also takes into account the economic conditions related to the oil market.
A member of the provincial council in Basra, Ali Shaddad Knight said in an interview to the (long-Presse) that "the provincial council expressed his opposition to the First Amendment to hold the Rumaila oil field, which includes reducing the level of production and increase investment contract of 20-25 years without taking the opinion of the local government, both the legislative and executive , "returned that" this matter is a constitutional violation of Article 112 of the Iraqi Constitution, which emphasizes the drawing oil policy with the participation of local governments. "
He added, Knight said that "the behavior of the central government and the Ministry of Oil in decades licensing rounds without reference to the local government lose Basra, a lot of gains, including the appointment of 85% of local labor in the fields, invested and the necessity of spending companies invested five million dollars annually in the areas near the fields as services social This did not happen even though it is installed in the contracts signed with Iraq, we have not received a copy of it to the Council formally. "
Knight said, "The damage suffered by the nearby areas of the oil fields and farms large compared to the size compensated meager is disproportionate to the damages to roads and utilities and infrastructure used by the oil companies."
Knight revealed for "the formation of a delegation from Basra to meet Prime Minister Haider al-Abadi, Oil Minister Adel Abdul Mahdi, to put the file of oil contracts and talk about the benefits of Basra, including the active participation and after that marginalized under previous governments that have made this conceptual ineffective."
For his part, the director of the Rumaila oil field Salah Abdul Karim said in an interview to the (long-Presse) that "the First Amendment to hold the Rumaila oil field does not target cut oil production, but the distribution of the production peak over ten years instead of 7 years to stand at the level of 2.1 million barrels per day up to 2020, and the stability of production during the current period. "
He said Abdul Karim said that "reducing the rate of the peak in oil production for the Rumaila field came to considerations related to the oil market and for economic reasons and not intended to decrease the level of production, because the Iraq oil-producing countries largely being owned oil fields large biggest of the right of the Rumaila oil," pointing out that " Rumaila contract with the British company bp invested for the Rumaila field has been extended to 5 years, according to the First Amendment of the contract. "
In the opinion of specialists in the oil that what happened in the First Amendment of the Rumaila oil field does not target the low rate of production, but to stop at the peak into account the circumstances of Marketing and Economics
And announced that the Iraqi Oil Ministry fourth of September this 2014 amendment held private investment Bhkulai Rumaila in Basra and Halfaya in Maysan, with each of the two British Petroleum, British (BP) and Petrojayna Chinese, to reduce the rate of production of the peak, while confirming the British company it will provide Iraq's revenue of $ trillion dollars until the year 2034.
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