Economist criticizes the U.S. side of the oil in Baghdad and calls for the Kurds to export oil through the (SOMO)

05/09/2014 17:37


Long-Presse / Baghdad

Revealed an economist dollars, on Friday, for lacking the Iraqi government capacity management and human resources to run dozens of oil projects strategy at once, and among that this obstacle hindering progress in this sector, called on the KRG to export oil in cooperation with the company (SOMO) oil , noting that this solution satisfies the United States, Turkey and Baghdad and international companies.

The expert said the U.S. Michael Knights of the Washington Institute for Near East Policy, in an interview told the Anatolian and briefed him (range Press), "The main problem faced by the Iraqi government in the energy sector is the lack of the capacity of the administrative and human skills that enable them to run dozens of oil projects strategy in that one. "

The Knights that "Iraq lacks the administrative capacity and experience of mankind efficient and that's what led to the survival of a lot of important projects under development for many years and is an obstacle to progress in this sector and are repositories of oil in Basra and export facilities and Tovermnchat injection and pumping the water used in the extraction of oil."

He called Knights KRG to export oil in cooperation with the government company for marketing oil SOMO (SOMO) where you will Baghdad to transfer financial returns directly to the Kurdistan region, "noting that" this is what he wants the Americans and the Turkish government and international companies and even Baghdad also, and this is the solution for the benefit of all parties. "

The energy resources mega enjoyed by Iraq's oil and gas pose considerable attention to its neighbor Turkey, which relies mainly on bridging the needs of energy fuel import, which made Iraq's second-largest trading partner of Turkey after Germany, as the rate of trade exchange between the two during the year 2013 to 12 billion dollars.

According to the International Energy Agency, Iraq has the fifth-largest oil reserves known in the world is estimated at 143 billion barrels and also has natural gas reserves known estimated 3.1 trillion cubic meters and comes ranked 11 as the largest gas reserves in the world, but with the existence of problems in the infrastructure of the oil facilities, the Iraq Ayad able to produce one billion cubic meters of gas annually.

And it needs the energy market of the European growing rapidly to about 45 billion cubic meters of gas per year to meet the domestic needs, according to economic reports, Turkey will be the customer's natural gas Iraq, to ​​be the project Southern Gas Corridor to Turkey, which will supply Europe with gas through a gas pipeline Azerbaijan through Turkey, the largest options plentiful To resolve this issue.


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