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Oil Expert: Cancel holding company "Chevron" U.S. because of its contract in Kurdistan a "wrong" would hurt the oil sector

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Oil Expert: Cancel holding company "Chevron" U.S. because of its contract in Kurdistan a "wrong" would hurt the oil sector Empty Oil Expert: Cancel holding company "Chevron" U.S. because of its contract in Kurdistan a "wrong" would hurt the oil sector

Post  Admin Wed Aug 22, 2012 11:34 am

WOW, this is interesting. Now the oil Expert is coming out and saying it is wrong to exclude the oil companies from working in Kurdistan...


22-08-2012 | (Voice of Iraq) - Add a comment -
Baghdad (news)

According to oil expert Amr Hisham, that the decision of the Ministry of Oil to cancel holding company "Chevron" U.S. specialized for the extraction and exploration of oil because they operate in the Kurdistan Region will hurt the Iraqi oil sector because it is one of the global companies and advanced in this area.

Said Hisham (of the Agency news) on Wednesday: that Iraq desperately needs to contract with international oil companies advanced technology and advanced in the field of oil to increase Taqtin production and export of oil, which is (95%) of the total imports of the Iraqi state, and the expulsion of international companies and the abolition of rehabilitation will be attached damage to the national economy and the oil sector.

He added: must work to attract leading international companies in the field of oil and encourage them to work in Iraq to gain experience and take advantage of the potential in the development of the oil sector, adding that the decision of the Ministry of Oil to cancel qualifying company "Chevron" U.S. due to contract in the Kurdistan Region a "wrong" because it would hurt the oil sector.

And: that the federal government and the oil ministry if pursued a policy dimensions of international oil companies under the pretext that they operate in Kurdistan, they will rely on small businesses that do not have a long tradition in the field of oil and thus will cause big problems for the country, including the delay in the implementation of projects strategy that does not have enough experience in this area, called the Oil Ministry to reverse its decision to serve the national economy.

And declared the Iraqi Oil Ministry earlier canceled qualifying company "Chevron" U.S. to work in the fields in the south because of the contract in the Kurdistan region without taking the opinion of the federal government, as well as it will impose sanctions on Exxon Mobil U.S. and France's Total on the back Taakedhma in the province.

Read more: http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.sotaliraq.com/mobile-news.php%3Fid%3D68589&usg=ALkJrhh200Phxw-CyrIDdH1z_pxStpIMdQ#ixzz24I0GjkqG

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