Abadi: Iraq is moving toward stability and community reconciliation

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April 2, 2017 10:39 AM



Iraqi Position Network

Iraqi Prime Minister Haidar al-Abadi said Sunday that Iraq is moving toward stability and community reconciliation and that the country has enormous potential for investment.
"The Iraqi position" on the need for institutional reform of the state and create jobs for new energies in the country.

He pointed out that the Iraqi budgets during the past years have accumulated with the growth and growth of the population throughout the country, so that the population will double in Iraq in a quarter of a century and will double the need for energy, "electricity and oil" over the next 15 years.

Al-Abbadi explained that Iraq is running for energy and that we seek to benefit from every barrel of oil and every torch of gas burned, declaring that the five-year plan is no longer sufficient and reliable for production because of the ongoing wars, which led to the decline of economic growth, the budgets of Iraq can no longer be sufficient to meet and cover The cost of current population growth.

In his speech today to the Iraq Energy Forum, Abadi called for "creating job opportunities for youth and the unemployed as a priority to ensure the current and future youth capacities."
On Sunday, April 2, in Baghdad, the work of the "Iraq Energy Forum 2017," to discuss files that concern the reality and the future of the country's economic, under the supervision of "Iraq Institute of Energy"

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Abadi calls for creating a broad market through public-private cooperation




On Sunday morning, the Iraq Energy Forum was launched under the theme "Federal Iraq towards an efficient energy sector and economic diversification".

"Iraq plays a leading role in OPEC through influencing oil prices in the world," Prime Minister Haider al-Abbadi said during the forum, which was quoted by "Economy News". Therefore, we must create suitable land for the development of the oil sector and energy in general.

He added that we seek to take advantage of every barrel of oil as well as the quantities of gas burned and we worked to benefit from them and we are going to export gas.

Abadi pointed out that opportunities should be created for young people and give them hope by involving the private sector and not relying on the public sector, pointing out that Iraq has been exposed to wars and the siege is confused, which is behind the development of economic systems in other countries

He called for the adoption of alternative and renewable energy and not rely on the unilateral rent economy and open more investment prospects for the development of the energy sector.

The forum was attended by Prime Minister Haider al-Abadi, Speaker of the Iraqi Parliament Salim al-Jubouri and a number of ministers and members of the House of Representatives and businessmen and economists.

Content Link
Http://economy-news.net/content.php?id=7041

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Jubouri: not resolving the law of oil and gas due to political strife
  
    Sunday, April 2, 2017 - 10:55 p

 

    The Speaker of the House of Representatives Salim al-Jubouri did not resolve the draft oil and gas law so far as a result of his exposure to political strife, he said in a speech to Jabouri delivered during the Iraq Energy Forum to discuss the future of the country's economic and oil markets.

    Al-Jubouri also praised the role of foreign companies operating in the oil sector. He expressed his hope that the partnership will continue with it, especially after the arrival of oil production levels in the country to about 5 million barrels per day.

    The Iraq Energy Forum 2017 began on Sunday to discuss issues related to the reality and future of the country, under the supervision of the Iraq Energy Institute to discuss a number of important files related to energy and economy in Iraq and the region, most notably the future of oil markets in light of low oil prices and multiple sources Traditional, non-traditional and renewable energy.

    The Forum will be held today and tomorrow Monday under the slogan "Iraq - towards an efficient energy sector and a multi-import economy, and follows the forum workshops specialized on the fourth of this April.

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