Abdul-Mahdi, confirms the payment of nine billion dollars of receivables oil companies

Author: bian3 on: Tuesday 08/25/2015 13:04


News Source: Baghdad




BAGHDAD / WAP / Oil Minister Adel Abdul-Mahdi, Tuesday, the payment of nine billion dollars of receivables oil companies.

He wrote Abdul-Mahdi in his page on the social networking "Facebook" site that "The Oil Ministry with the assistance of the Ministry of Finance and the Central Bank and the support of the Prime Minister have paid nine billion dollars for the rest of the dues in 2014 to oil companies, also blasted the first quarter of 2015 and works on the payment of the second quarter these days, and the third quarter will be repaid by the end of the year, and, as usual, will be repaid after the submission of the fourth quarter costs at the beginning of 2016 ".

He explained Abdul-Mahdi, said he is "seminars with companies and means of reducing costs and linking fluctuations in oil prices for the benefit of the parties at higher prices, or bear their burdens when they fall together" .

http://www.baghdadiabian.com/news.php?action=view&id=101243

Iraq paid the rest of 2014 dues of foreign oil companies

August 25, 2015 11:47

Direct: Adel Abdul Mahdi, Iraq's oil minister, said Iraq had paid $ 9 billion of foreign oil companies operating in Iraq as a share of its planned 2014.

He said, "Mahdi," according to social networking sites: "The Iraqi oil sector to achieve more successes despite all the financial difficulties, and the deterioration of oil prices, security and social conditions, and economic disorders that affect everyone.

He added that "The oil ministry" with the help of the Ministry of Finance and the Central Bank and the support of the Prime Minister to pay $ 9 billion for the rest of 2014 dues to oil companies. "

He explained that he was "the payment of the first quarter of 2015 dues, and work to repay the second quarter these days, and the third quarter will be repaid by the end of the year, and, as usual, will be repaid after the submission of the fourth quarter costs at the beginning of 2016."

He pointed out that Iraq is "studying with foreign oil companies and means of reducing costs, and to link oil price fluctuations for the benefit of the parties at higher prices or bear their burdens when they fall together."

http://www.ahewar.org/news/s.news.asp?nid=2140627