Oil put the finishing touches to invest in the common fields with Iran and Kuwait

Friday 5/4/2012

Oil put the finishing touches to invest in the common fields with Iran and Kuwait

Baghdad, is over and the Oil Ministry to finalize the investment in the common fields with Iran and Kuwait, noting that the solution to the problems of the common fields will be in accordance with the established global contexts. Said the spokesman of the Ministry of Oil, Assem Jihad, "Alsumaria News"

The Ministry of oil and put the finishing touches from the investment of the common fields with Iran and Kuwait and in a form that serves both countries, "adding that" the technical committees shared between Iraq and Iran, Iraq, Kuwait is working to resolve outstanding issues with respect to these fields.

Jihad said that "the solution to these problems will be according to contexts in the world through the use of joint investment of the field or resorting to a third party to invest in the field to be awarded each party what he deserves and as extensions of the field in its territory, "asserting that" This operation is followed worldwide, which takes each natural right in the field.

The A report issued by an international center for studies of development on 19 April, that the loss of Iraq's annual exploitation of Iran's oil fields shared with approximately $ 17 billion. includes Iraq 24 oil fields in common with Iran, Kuwait, Syria, including 15 field producer and other untapped, and most of those Fields Safwan and Rumaila and Zubair with Kuwait, and crazy and Abu West and Bazargan, humorous and oil betrayed with Iran. According Oil experts that the space is relatively simple from those fields located outside the territory of Iraq, but Iraq is weaker than its neighbors, technology and financial exploitation of oil reservoirs common, especially since it did not reach even Now to hold a joint agreements with Iran and Kuwait on the exploitation of these reservoirs, for reasons including the failure to resolve the problems of border demarcation with them.

The agency "Persia" Iran quoted the Executive Director of National Iranian Oil Company Ahmad castle builder saying, "The volume of crude oil production in Iran up currently four million barrels per day, while providing five-year program V to develop the oil sector to produce five million barrels a day. "and said the decision of the Economic Commission Deputy Mahma Khalil, according to the Agency (news): There is exceeded greatly by neighboring countries, especially Iran oil fields Iraqi joint with them and become almost capturing them, and the government did nothing towards this work, the surprising silence from the government applied.

Khalil added: that the failure to resolve these violations will lead to the creation of economic problems and international in the near future, the fact that these fields are large and bulky and the Iraqi economy is fully supported on oil.

called Khalil to move towards the Iraqi border to protect the oil fields and the use of diplomatic means and dialogue to restore the rights of Iraq's oil from these countries, stressing the importance of forming committees to follow up the matter and if the fields of Iraq under the threat may be the federal government to take action through the formation of technical committees and channels of communication To resolve this issue before it is too late.

either oil expert Amr Hesham warned of continuing beyond Iran to the fields in common with it, especially on the borders of the province of Maysan, saying that continuing to waive will make Iran's share of oil these fields is greater than the share of Iraq, which generates problems of great economic in the country.

said Hisham: In the event of continued silence of government in front of these abuses will lead to the seizure of those countries on joint oil fields, and this means the entry of Iranian companies and equipment extraction of these fields, making it difficult for Iraq retrieval.

And called for the intensification of work and the role of the ministries of the State concerned Kaforeigp and oil and financial follow up and work on the demarcation of the border and find out oil reserves and techniques used in the extraction of oil fields in common with Iran and Kuwait.

and that the impact of this violation on the Iraqi economy will in the medium term and near, as it will lead to the depletion of oil reserves in this field.


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